Convert Laotian Kip to Liberian Dollar
Please provide values below to convert Laotian Kip [LAK] to Liberian Dollar [LRD], or Convert Liberian Dollar to Laotian Kip.
How to Convert Laotian Kip to Liberian Dollar
1 LAK = 107.886325977461 LRD
Example: convert 15 LAK to LRD:
15 LAK = 15 × 107.886325977461 LRD = 1618.29488966191 LRD
Laotian Kip to Liberian Dollar 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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.