Lao Kip in Kazakhstani Tenge

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.

KZT Kazakhstani Tenge

Country of application:
Kazakhstan

Coin denominations in circulation:
50, 20, 10 and 5 tiyn.

Denominations of banknotes in circulation:
10 thousand, 5 thousand, 2 thousand, 1 thousand, 500 and 200 tenge.

History reference:
Kazakhstani (Kazakh) tenge is the national currency of Kazakhstan. The history of the Kazakhstani tenge begins on November 15, 1993, when the currency was put into circulation. Prior to this, residen...ts used different currency means. The last currency used is the Soviet ruble, which was in the country when Kazakhstan was part of the USSR. According to archaeologists, the first money that appeared on the territory of Kazakhstan is of Chinese origin. And this is not surprising, since the country was located on the Great Silk Road connecting Europe and Asia. Since the 6th century, coins of Turkic rulers have appeared in circulation. And from the 8th century, the steppe nomads of the region were invaded by the Arabs and settlements began to be carried out in silver dirhems. The first mints appeared in such ancient cities as Baraba, Ispidzhab, Taraz. The raw material for minting was the local silver mines located in the upper reaches of the Talas and Akhangaran rivers.