Cuban Peso in Lao Kip

CUP Cuban Peso

Country of application:
Cuba

Coin denominations in circulation:
20 centavos, 1, 3, 5 Cuban pesos.

Denominations of banknotes in circulation:
1, 3, 5, 10, 20, 50, 100, 200, 500 Cuban pesos.

History reference:
The Cuban peso (sign $MN, code CUP) is the national currency of Cuba, used in conjunction with the convertible peso. The first issue of the currency took place in 1857. Prior to this, the country use...d to pay for the Spanish real. In tourism, the country still uses another currency - the convertible Cuban peso. However, recently it has become possible to pay with US dollars in shops and hotels. The government plans to completely remove the convertible currency and leave only the CUP.

LAK Lao Kip

Country of application:
Lao Peoples Democratic Republic

Coin denominations in circulation:
10, 20, 50 atam.

Denominations of banknotes in circulation:
500, 1000, 2000, 5000, 10,000, 20,000, 50,000, 100,000 bales.

History reference:
The kip is the currency of Laos. Laos (officially the Lao Peoples Democratic Republic) is a socialist state in Southeast Asia, located inside the Indochina peninsula. It has common borders in the eas...t with Vietnam, in the south with Cambodia (Kampuchea), in the north with China and Myama (Burma), in the west with Thailand (Siam). The capital of the Lao Peoples Democratic Republic is the city of Vientiane, there are no other large cities in Laos. It is mainly used as a bargaining unit for the US dollar and Thai baht. Previously issued coins of 10, 20 and 50 atats do not participate in circulation due to their low cost.