Lao Kip in Brazilian Real

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.

BRL Brazilian Real

Country of application:
Brazil

Coin denominations in circulation:
1 real, 50, 25, 10, 5 and 1 centavo.

Denominations of banknotes in circulation:
100, 50, 20, 10, 5, 2 and 1 real.

History reference:
The Brazilian Real is the official currency of the Republic of Brazil. In Brazil, discovered in 1500 and for a long time being a colony of Spain, there was no single currency for a long time, after w...hich the Spanish real took its place. The word "Real" used today as the name of the Brazilian currency during the Middle Ages was the name of the Spanish and Portuguese gold coins, meaning "royal". In 1690, the Real became the official currency of Brazil. However, due to its depreciation and the uninterrupted process of inflation, only banknotes of huge denominations (from 1 thousand to 1 million) were used in circulation, therefore it is generally accepted that the actual Brazilian currency in the period from 1690 to 1942. was Reis (the plural meaning of the word real had the form reis, over time it transformed into reais). Reiss symbol was Rs.