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50 000 Kip Year of the Horse

Issuer Bank of the Lao PDR
Year 2026
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Diameter 33 mm
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Obverse description Central depiction of That Luang, the iconic Lao national stupa in Vientiane, rendered in fine relief with its tiered spire and surrounding smaller chedis above an ornate gateway. The legend 'BANK OF THE LAO PDR' curves along the upper rim in raised Latin letters against a dark field. The fineness mark 'Ag 925' appears to the lower left, with a mint monogram (ММД) to the right of the stupa. The denomination '50000 Kip' and the date '2026', flanked by two raised dots, are inscribed in the lower exergue.
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Obverse lettering Bank of the LAO PDR
Ag 925
ММД
50000 Kip
2026
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Additional information

The Lao kip has been subject to repeated redenomination pressures since its introduction in 1976, and high-face-value commemorative issues like this one reflect ongoing inflation dynamics rather than any spike in bullion demand. Laos adopted the twelve-year animal cycle into its official commemorative program largely to serve cross-border collector markets in Thailand, China, and Vietnam, where lunar zodiac issues move reliably.

The Horse year runs from January 25, 2026 to February 12, 2027 under the Vietnamese and Chinese lunisolar reckoning Laos follows for these purposes.

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