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100 000 Kip

Issuer Bank of the Lao PDR
Year 2020
Type Standard circulation banknote
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Obverse description Portrait of President Kaysone Phomvihane at center-right, flanked to the left by the national coat of arms of Laos and to the right by the Pha That Luang stupa of Vientiane, set against a multicolored guilloche underprint. The issuing authority inscription in Lao script appears along the upper margin.
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Protection type Watermark, Security thread
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Comments

The 100,000 Kip, introduced in 2020, is the highest denomination ever issued by the Bank of the Lao PDR — a reflection of cumulative inflation that has steadily eroded lower notes' purchasing power over the preceding two decades. Goznak's involvement is unsurprising; the Moscow printing house has supplied banknotes to several Southeast and Central Asian states whose governments prefer a non-Western supplier with competitive pricing and tight discretion.

The security specification here is notably lean for a high-denomination note — watermark and a single security thread without the foil patches or color-shifting inks common on comparable notes from neighboring central banks.