Convert Afghan Afghani to Laotian Kip
Please provide values below to convert Afghan Afghani [AFN] to Laotian Kip [LAK], or Convert Laotian Kip to Afghan Afghani.
How to Convert Afghan Afghani to Laotian Kip
1 AFN = 0.00318768004783254 LAK
Example: convert 15 AFN to LAK:
15 AFN = 15 × 0.00318768004783254 LAK = 0.0478152007174881 LAK
Afghan Afghani to Laotian Kip Conversion Table
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Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, used for all monetary transactions within the country.
History/Origin
The Afghani was introduced in 1925, replacing the Afghan rupee, and has undergone several reforms and redenominations over the years, especially during periods of economic instability and conflict.
Current Use
Today, the Afghani remains the official currency of Afghanistan, widely used in everyday transactions, with coins and banknotes issued by the central bank, the Da Afghanistan Bank.
Laotian Kip
The Laotian Kip (LAK) is the official currency of Laos, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Laotian Kip was introduced in 1952, replacing the French Indochinese piastre, and has undergone various redenominations and reforms to stabilize the economy and control inflation.
Current Use
Today, the Kip remains the primary currency in Laos, used in all financial transactions, with coins and banknotes issued by the Bank of the Lao P.D.R. and widely accepted throughout the country.