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-up Kip-up A kip-up (also called a rising handspring, kick-up, Chinese get up, kick-to-stand, nip-up, flip-up, or carp skip-up) is an acrobatic move in which a person transitions from a supine, and less commonly, a prone position, to a standing position. It is used in activities such as breakdancing, gymnastics, martial arts, professional wrestling, and freerunning, and in action film fight sequences. Not only does the kip-up require muscle activation and strength, but it also requires proper technique for successful completion. A practitioner must perform the preparation phase (initiation of movement until directly before flight), aerial phase (time spent in flight),