Kip

Kip is the Lao currency. There are no coins, only bills, and they come in denominations of 1,000, 2,000, 5,000, 10,000, 20,000, 50,000 and 100,000. 

Thoughts on spending Lao money: I find the 20,000kip and 50,000kip bills to be the most useful by far, especially when buying food (which is the main thing I buy). Lunch is typically 20,000kip.

And when I spend 100,000kip on a night out, I think 'man that was expensive!'

Jus trip out that in perspective, 100,000kip is about $13.