Convert Ugandan Shilling to Laotian Kip
Please provide values below to convert Ugandan Shilling [UGX] to Laotian Kip [LAK], or Convert Laotian Kip to Ugandan Shilling.
How to Convert Ugandan Shilling to Laotian Kip
1 UGX = 0.16488014500001 LAK
Example: convert 15 UGX to LAK:
15 UGX = 15 × 0.16488014500001 LAK = 2.47320217500015 LAK
Ugandan Shilling to Laotian Kip Conversion Table
| Ugandan Shilling | Laotian Kip |
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Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.
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.