This serie of banknotes belongs to period in which Vietnam and Laos
strengthen their economic relationships and allowed the presence of
30,000 Vietnamese soldiers, suffering an important economic crisis
(after the problems with Thailand and China), in which Pathet Lao regime
started an economic liberalisation and in the 1980's the relationship
with China improved, because the Prime Minister Kaysone Phomvihane
followed some economic principles of Deng Xiaoping. There are banknotes
of 1 kip, 5 kips, 10 kips, 20 kips, 50 kips and 100 kips.
10 kips (
This
banknotes worth 10 kips was first circulated in 1979. On
the main side left, you can see some workers in a lumber
mill working with some logs. The rest of the banknote is fulled with
decorative elements and there are two 10's in opposite corners. The
right part of the banknote has the Laosian coat of arms and in the
middle appears the name of the National Bank in Lao (ທະນາຄານແຫ່ງສາທາລະນະລັດປະຊາທິປະໄຕປະຊາຊົນລາວ).
On
the other side of the banknote, it can be seen two images of a hospital, the left primary healthcare and the right, surgery. It
can also be seen that there are four 10's in opposite corners, the name
of the National Bank and the written value of the banknote in Lao in
the right. This
banknote has starts and tilia leaves as digital watermark. The size
of this
banknote is 11.3 cm x 5.7 cm.
10 kips (
This
banknotes worth 10 kips was first circulated in 1979. On
the main side left, you can see some workers in a lumber
mill working with some logs. The rest of the banknote is fulled with
decorative elements and there are two 10's in opposite corners. The
right part of the banknote has the Laosian coat of arms and in the
middle appears the name of the National Bank in Lao (ທະນາຄານແຫ່ງສາທາລະນະລັດປະຊາທິປະໄຕປະຊາຊົນລາວ).
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