Lao kip 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 was divided into 100 "att" (). In 1945–1946, the Free Lao government in Vientiane issued a series of paper money in denominations of 10, 20 and 50 att and 10 kip before the French authorities took control of the region. The kip was reintroduced in 1952, replacing the French Indochinese piastre at par. The kip (also called a "piastre" in French) was sub-divided into 100 att (Lao: ອັດ) or "cents" (French: Centimes).
Shek Kip Mei renovate it for use as a hostel and museum has been completed. The museum includes restored rooms, resident stories and photos, and documentation of the history of public housing estates. Shek Kip Mei now has several types of housing including the public apartments, Pak Tin Estate and private housing such as Beacon Heights and Dynasty Heights. Several malls and churches can also be found in the area now. The old Shek Kip Mei Factory Estate was renovated and now serves as the Jockey Club Creative Arts Centre. Since 1979 it has been served by Shek Kip Mei Station on the