Convert Laotian Kip to Indian Rupee
Please provide values below to convert Laotian Kip [LAK] to Indian Rupee [INR], or Convert Indian Rupee to Laotian Kip.
How to Convert Laotian Kip to Indian Rupee
1 LAK = 250.377782382364 INR
Example: convert 15 LAK to INR:
15 LAK = 15 × 250.377782382364 INR = 3755.66673573546 INR
Laotian Kip to Indian Rupee Conversion Table
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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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.