Lao kip establishment of the Lao People's Democratic Republic. Kaysone Phomvihane is pictured on the obverse of the 2,000, 5,000, 10,000, 20,000, 50,000, and 100,000 kip banknotes. The Bank of Laos governor announced on January 25, 2012 that the Bank of Laos would issue 100,000 Kip banknotes as a regular issue on February 1, 2012 (but dated 2011) to encourage Lao people to use the national currency instead of U.S. dollars and Thai baht. Lao kip The kip (; code: LAK; sign: ₭ or ₭N; ; officially: ເງີນກີບລາວ, lit. "currency Lao kip") is the currency of Laos since 1952. Historically, one kip
Kelly Kip Kelly Kip Kelly Kip is a retired American Thoroughbred racehorse and active stallion. In a five-year racing career which was interrupted on several occasions by sickness and injury, he ran thirty-one times and won fifteen races, most of them over a distance of six furlongs. He never won a Grade I level stakes race and never won a Breeders' Cup race or an Eclipse Award, but he set track records at several major racetracks and was regarded as one of the leading North American sprinters of the late 1990s. His trainer H. Allen Jerkens called Kelly Kip "the fastest horse