Convert Laotian Kip to Paraguayan Guarani
Please provide values below to convert Laotian Kip [LAK] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Laotian Kip.
How to Convert Laotian Kip to Paraguayan Guarani
1 LAK = 2.80460266094318 PYG
Example: convert 15 LAK to PYG:
15 LAK = 15 × 2.80460266094318 PYG = 42.0690399141477 PYG
Laotian Kip to Paraguayan Guarani 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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.