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 G. Vanderbilt Handicap. Carrying the high weight of 122 pounds, he turned back a strong early challenge from Richter Scale and won by three lengths from Trafalgar. After the race, Jerkens called Kelly Kip "remarkable", while Samyn described him as "sprint-champion material". In the following month, Kelly Kip finished unplaced behind Affirmed Success in a highly anticipated race for the seven furlong Vosburgh Stakes. Kelly Kip won both of his races as a five-year-old. The more notable of his successes was a second victory in the Bold Ruler Handicap, in which he defeated Artax and broke the track record again,