Lao Kip in Costa Rican Colon

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.

CRC Costa Rican Colon

Country of application:
Costa Rica

Coin denominations in circulation:
10, 25, 50, 100 and 500 columns.

Denominations of banknotes in circulation:
1,000, 2,000, 5,000, 10,000, 20,000, 50,000 colones.

History reference:
The currency, named after Christopher Columbus or, in the Spanish manner, Cristobal Colon, came out with a content of 0.7002 grams of pure gold in October 1896. The colon replaced the Costa Rican pes...o and was parity with the US dollar at 2.15:1. The Costa Rican colón was adopted as the national currency in 1896, about 70 years after Costa Rica and its Central American neighbors declared independence from Spain. Colón replaced the Costa Rican peso with a one-to-one exchange rate. The former currency of the peso, a legacy of the colonial era, was divided into eight Spanish reais.