The local currency is the KIP. Notes come in denominations of 100, 500, 1000, 2000, 5000, 10.000 and 20.000 Kips.
Laos Education has gone through a number of stages, from being the weakest sector to the improvements seen in recent times. The Buddhist way of teaching was the first form of education in Laos.
One of the lowest population densities in Asia, at 19 persons per square km, and an estimated population of only 5.4 million people, belies the fact that Laos is home to 68 different ethnic groups. These fall into three groupings, based upon language, culture and traditions.