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500 Kip New coat of arms
| Issuer | Bank of the Lao PDR |
|---|---|
| Year | 2015 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ ໕໐໐ (Translation: Lao People's Democratic Republic 500) |
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| Protection type | Watermark |
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| Comments |
Pick 31 is a redesigned issue of the long-running 500 Kip denomination, distinguished from its predecessors by an updated coat of arms reflecting changes made to Laos's national symbols in the post-1991 constitutional revision period. The Bank of the Lao PDR has issued multiple 500 Kip variants across several decades, and the differences between them — particularly in the arms design — are subtle enough that misattribution in collections is common.
Watermark-only security at this denomination level reflects the note's modest purchasing power by 2015, when 500 Kip traded at roughly 1/8000th of a US dollar.