Lao kip of the Soviet collapse in 1991 and the persistence of chronic inflation, there are no coins currently in circulation in Laos. In 1979, banknotes were introduced in denominations of 1, 5, 10, 20, 50 and 100 kip. 500 kip notes were added in 1988, followed by 1000 kip in 1992, 2000 and 5000 kip in 1997, 10,000 and 20,000 kip in 2002 and 50,000 kip on January 17, 2006 (although dated 2004). On November 15, 2010 a 100,000 kip banknote was issued to commemorate the 450th anniversary of the founding of the capital, Vientiane, and the 35th anniversary of the
Kip Siegel by confiscating essential materials on the grounds that, inter alia, all information concerning the production of nuclear energy is classified information which belongs exclusively to the federal government. Kip Siegel died of a stroke on 14 March 1975 while testifying before the Joint Congressional Committee on nuclear power in defense of his laser fusion research. Kip Siegel Keeve M. (Kip) Siegel (1923-1975) was a US physicist. He was a professor of Physics at the University of Michigan in Ann Arbor, MI, and the founder of Conductron Corporation, a high tech producer of electronic equipment which was absorbed by McDonnell Douglas