INFORMATION ABOUT LAOTIAN KIP
We show the updated today’s value/price of Laotian kip (LAK).You can get the exchange from Laotian Kip to another currency by introducing the value or amount of Laotian kip (LAK) in the box and clicking the convert button. This way you can get the Laotian kip’s price in relation to other currencies.
INTRODUCTION TO THE LAOTIAN KIP
The Laotian kip is the official currency of Laos. It was first introduced between 1945 and 1946 with the liberated government in Vientiane, before the French authorities took again the control. Then, it was introduced again in 1952 replacing the piaster of the French Indochina. It is used by approximately 6 million six hundred thousand people. You can check the today value of the Laotian kip and check its price.
The Bank of Lao PDR is an organization founded in 1968. Among its functions there are to manage finances, currency and banking credits within the country, promote and maintain the stability of the currency inside and outside the country, strengthen the effectiveness of payment mechanisms and the solvency of the banking system. It is responsible for promote and facilitate the control of cash flow for the socio-economic development plan of the Government of Lao.
Countries that use the currency: Laos
Name: LAOTIAN KIP
Symbol: ₭, ₭ N
Bills: 1, 5, 10, 20, 50, 100, 500, 1.000, 2.000, 5.000, 10.000, 20.000, 50.000, 100.000 ₭
Coins: att = 1/100 of ₭. 10, 20, 50 Att; 1, 5, 10, 20 50 ₭
Issuing Agent: Bank of Lao PDR Web: http://www.bol.gov.la/