Convert Belarusian Ruble to Laotian Kip
Please provide values below to convert Belarusian Ruble [BYN] to Laotian Kip [LAK], or Convert Laotian Kip to Belarusian Ruble.
How to Convert Belarusian Ruble to Laotian Kip
1 BYN = 0.000144756268216878 LAK
Example: convert 15 BYN to LAK:
15 BYN = 15 × 0.000144756268216878 LAK = 0.00217134402325317 LAK
Belarusian Ruble to Laotian Kip Conversion Table
| Belarusian Ruble | Laotian Kip |
|---|
Belarusian Ruble
The Belarusian Ruble (BYN) is the official currency of Belarus, used for all monetary transactions within the country.
History/Origin
The Belarusian Ruble has undergone several reforms and redenominations since its initial introduction in 1992 following independence from the Soviet Union, with the current version introduced in 2016 to stabilize the economy and replace the previous ruble at a rate of 1 new BYN = 10,000 old rubles.
Current Use
Today, the Belarusian Ruble is the sole legal tender in Belarus, used in everyday transactions, banking, and electronic payments across the country.
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.