The Bank of the Lao P.D.R. is the central bank of Laos. It is also the bank of last resort, controlling the money supply, managing the country's reserves, and supervising the commercial banks operating in Laos.
Bank of the Lao P.D.R.
The kip is the currency of Laos since 1955. Historically, one kip was divided into 100 att (ອັດ) which are no longer in regular use. The term derives from ກີບ kì:p, a Lao word meaning "ingot."
1000 kip issued in 2003
Image: 1000 Laotian kip in 2003 Obverse
100 kip, 1957 issue
Image: 1 Laotian kip in 1979 Obverse