Convert Azerbaijani Manat to Laotian Kip
Please provide values below to convert Azerbaijani Manat [AZN] to Laotian Kip [LAK], or Convert Laotian Kip to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Laotian Kip
1 AZN = 7.86196212401154e-05 LAK
Example: convert 15 AZN to LAK:
15 AZN = 15 × 7.86196212401154e-05 LAK = 0.00117929431860173 LAK
Azerbaijani Manat to Laotian Kip Conversion Table
| Azerbaijani Manat | Laotian Kip |
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Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.
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.