Lao Kip in Solomon Islander 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.

SBD Solomon Islander Dollar

Country of application:
Solomon islands

Coin denominations in circulation:
10, 20, 50 cents, 1 dollar, 2 dollars.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100 dollars.

History reference:
The Solomon Islands dollar is the national currency of the Solomon Islands. Originally a British protectorate, the Solomon Islands gained independence in 1978. Today, the country has a constitutional... monarchical structure with a parliament and a prime minister. Although the Solomon Islands is an independent nation, it continues to recognize Queen Elizabeth II as its constitutional head of state. The official language of the country is English. The Solomon Islands dollar began to be put into circulation on October 24, 1977, replacing the Australian dollar. The currency got its name in honor of the Australian currency. Since gaining independence in 1978, the new currency has become the official currency of the young state. For two years, the Solomon Islands dollar was pegged to the Australian dollar.