Convert Pakistani Rupee to Laotian Kip
Please provide values below to convert Pakistani Rupee [PKR] to Laotian Kip [LAK], or Convert Laotian Kip to Pakistani Rupee.
How to Convert Pakistani Rupee to Laotian Kip
1 PKR = 0.0131689275690953 LAK
Example: convert 15 PKR to LAK:
15 PKR = 15 × 0.0131689275690953 LAK = 0.197533913536429 LAK
Pakistani Rupee to Laotian Kip Conversion Table
| Pakistani Rupee | Laotian Kip |
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Pakistani Rupee
The Pakistani Rupee (PKR) is the official currency of Pakistan, used for all monetary transactions within the country.
History/Origin
The Pakistani Rupee was introduced in 1947, replacing the Indian Rupee at independence, and has undergone various reforms and devaluations over the years to stabilize the economy.
Current Use
Today, the PKR is widely used across Pakistan for everyday transactions, banking, and trade, with the central bank managing its issuance and regulation.
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.