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 Holden Holden, Sr. He has two sisters, Evelyn and Brenda Holden. His older brother, Curtis Holden, Jr. (1950-2013), a native of Woodville, Mississippi, was a retired employee of the Baton Rouge municipal public works department. Prior to his death from complications resulting from two strokes, Curtis Holden, Jr., had operated Holden's Powerhouse, a family-owned bar in the Scotlandville neighborhood of Baton Rouge. Married to the former Lois Stevenson, Holden has five children, Melvin, II, Monique, Angela, Myron, and Brian-Micheal. Kip Holden Melvin Lee Holden, known as Kip Holden (born August 12, 1952), is an American politician who served from 2005 to