Lao Kip in Brunei dollar

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.

BND Brunei dollar

Country of application:
Brunei, Singapore

Coin denominations in circulation:
5, 10, 20, 50 sep.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100 dollars.

History reference:
The Brunei dollar is the currency of Brunei. Early currency in Brunei included cowrie shells. Brunei is famous for its bronze teapots, which were used as currency in trade along the coast of North Bo...rneo. Brunei issued pewter coins called pitis in 1285 AH (1868 AD). Their issue followed the one cent coins in 1304 AH. (1888 AD). This cent was equal to one hundredth of a dollar. The Brunei dollar replaced the Malayan dollar and the British Borneo dollar in 1967 after the formation of Malaysia and the independence of Singapore. Until June 23, 1973, the Malaysian ringgit was exchanged at par for the Singapore dollar and the Brunei dollar.