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Lao kip

The Lao Kip is the official currency of Laos. One Lao Kip is worth 100 Att. Due to hyperinflation, coins are very rare but the 10, 20 and 50 Att coins are sometimes found. Banknotes come in 500, 1000, 2000, 5000, 10000, 20000, 50000 and 100000 Lao Kip. 1, 5, 10, 20, 50 and 100 Kip banknotes also exist but again are very rare. Thai Baht and US Dollars are also used in Laos for the purchase of expensive products and services. The exchange rate of the Lao Kip is quite unstable at the time of writing and exchange of Lao Kip is not available outside of Laos itself.