Lao kip 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 was divided into 100 "att" (). In 1945–1946, the Free Lao government in Vientiane issued a series of paper money in denominations of 10, 20 and 50 att and 10 kip before the French authorities took control of the region. The kip was reintroduced in 1952, replacing the French Indochinese piastre at par. The kip (also called a "piastre" in French) was sub-divided into 100 att (Lao: ອັດ) or "cents" (French: Centimes).
Kip (unit) Kip (unit) A kip is a US customary unit of force. It equals 1000 pounds-force, used primarily by American architects and engineers to measure engineering loads. Although uncommon, it is occasionally also considered a unit of weight, equal to 1000 pounds, i.e., one half of a short ton. One use is as a unit of deadweight to compute shipping charges. The name comes from combining the words "kilo" and "pound"; it is occasionally called a "kilopound". Its symbol is kip, or less frequently, klb. When it is necessary to clearly distinguish it as a unit of force rather than mass,