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
Kip (artistic gymnastics) Kip (artistic gymnastics) In artistic gymnastics, a kip is a basic skill on the women's uneven bars. It is also performed on the men's high bar. The kip is an important skill that is used as both a mount and an element or connecting skill in a bar routine. The kip allows the gymnast to swing below the bar to arrive in a front support on the bar. From the front support, the gymnast may then perform any number of skills. The glide kip is the most commonly used mount on the women's uneven bars. The kip has been used