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Lao kip was created in 1952.
Lao Kip (LAK)
₭
The currency of Laos is the kip (Lao: ກີບ; code: LAK). One kip is divided into 100 att (ອັດ). The value of the kip is so low that there are no longer att in circulation.The currency used in Laos is called the Kip.
no. the name "kip" is short for "kip."
Kip is a Methodist