Convert Ghanaian Cedi to Laotian Kip
Please provide values below to convert Ghanaian Cedi [GHS] to Laotian Kip [LAK], or Convert Laotian Kip to Ghanaian Cedi.
How to Convert Ghanaian Cedi to Laotian Kip
1 GHS = 0.000502915916451472 LAK
Example: convert 15 GHS to LAK:
15 GHS = 15 × 0.000502915916451472 LAK = 0.00754373874677208 LAK
Ghanaian Cedi to Laotian Kip Conversion Table
| Ghanaian Cedi | Laotian Kip |
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Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.
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.