Euro in Lao Kip

EUR Euro

Country of application:
European Union, Austria, Aland Islands, Andorra, Belgium, Vatican, Guadeloupe, Guiana, Germany, Greece, Ireland, Spain, Italy, Latvia, Lithuania, Luxembourg, Mayotte, Malta, Martinique, Monaco, Netherlands, Portugal, Reunion, San Marino, Saint Pierre and Miquelon, Finland, France, French Southern and Antarctic Territories

Coin denominations in circulation:
2 and 1 euro, 50, 20, 10, 5, 2 and 1 cent.

Denominations of banknotes in circulation:
500, 200, 100, 50, 20, 10 and 5 euros.

History reference:
The Euro is a world currency on a par with the US dollar. It is also a reserve currency (along with the dollar, pound sterling, Japanese yen, Chinese yuan and Swiss franc). The euro symbol, €, is the... symbol for the Greek letter epsilon. According to the standards, the sign is printed in yellow on a blue background. The sign symbolizes Europe, and two parallel lines denote reliability and stability. Sometimes a character is written with one stroke instead of two. Euro is the official currency of 19 EU countries (Germany, France, Italy, Spain, Portugal, Austria, Belgium, Netherlands, Finland, Greece, Slovenia, Slovakia, Lithuania, Latvia, Estonia, Ireland, Luxembourg, Cyprus, Malta).

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.