The Institut d’Emission des Etats du Cambodge, du Laos et du Vietnam, Laos Branch issued notes in two currencies, the kip and piastre, in 1953.
In 1979, Pathet Lao kips were replaced with Lao PDR (People’s Democratic Republic) kip due to currency reformation. Coins were once again circulated in the year 1980’s at denominations of 10, 20 and 50 Att. Last November 2010, the government issued a 100,000 kip, commemorating the 450th anniversary of the founding of Vientiane and the 35th celebration of Lao People’s Democratic Republic.

When the country celebrated its 10th Lao People’s Democratic Republic, 1, 5, 10, 20 and 50 kips were issued. Between the years 1945-1946, the Free Kip Government in Vientiane printed a series of paper money in 10, 20, 50 Att denominations. Four years later, the Laos government printed solely kip notes – the notes were of 1, 5, 10, 20, 50, 100 and 500 denominations. Even 10 kip was issued then, before the French took control and created the French Indochinese Piastre as the currency of Laos.

In 1963, 200 and 1000 kip notes were joined and 5000 kip notes were added later in the year 1975. Pathet Lao kips replaced the Royal kips throughout the country when Pathet Lao’s took over Laos.

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