The local currency is the KIP. Notes come in denominations of 100, 500, 1000, 2000, 5000, 10.000 and 20.000 Kips.
Laos Population is very diverse as a result of several migrations and international wars. Half of the Population of Laos is consisted of ethnic Lao.
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.