Catalog
10 Kip
| Issuer | Banque Nationale du Laos |
|---|---|
| Year | 1957-1962 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse lettering | BANQUE NATIONALE DU LAOS LE CONTREFACTEUR SERA PUNI CONFORMÉMENT À LA LOI 10 DIX KIP 10 |
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| Protection type | Watermark |
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| Comments |
The Banque Nationale du Laos was established in 1955 following the 1954 Geneva Accords, which ended French Indochina and left Laos nominally independent but economically fragile. This series was the country's first domestically-named currency, replacing the Indochinese piastre under a monetary agreement that gave the United States considerable influence over the new Lao financial system — American aid underwrote much of the early budgetary shortfall, which makes the Philadelphia printing house a logical choice rather than a coincidental one.
Security Banknote Company was a mid-tier American security printer, notably less prolific in foreign sovereign contracts than ABNC or CBNC.