Lao Kip in Mongolian Tugrik

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.

MNT Mongolian Tugrik

Country of application:
Mongolia

Coin denominations in circulation:
20, 50, 100, 200, 500 tenge.

Denominations of banknotes in circulation:
10, 20, 50, 100, 500, 1000, 5000, 10000, 20,000 tenge.

History reference:
The Mongolian Tugrik is the currency of Mongolia. Among bonists and collectors, modern Mongolian money is not a common collectible, since individual coins or banknotes of this country are usually not... valued very highly. They are not so difficult to find and purchase in good condition. For this reason, the money of Mongolia is collected precisely in the collection, where there are banknotes of all periods and years of issue. Mongolian Tugriks are fairly standard, not to say that they are very similar to other currencies, they do not have special protection, that is, they are quite stable and do not contain anything special in their design that could distinguish their currency from the rest. Naturally, all the money is of a fairly stable size, as well as the color scheme of the currency is quite primitive, in addition, it is worth pointing out that the face value is indicated on both sides, from both angles. That is, there are four values of the face value on the banknote. And yet, many people suffer from the fact that they cannot distinguish face value by a particular color or size.