Convert Chilean Peso to Laotian Kip
Please provide values below to convert Chilean Peso [CLP] to Laotian Kip [LAK], or Convert Laotian Kip to Chilean Peso.
How to Convert Chilean Peso to Laotian Kip
1 CLP = 0.0441245631432899 LAK
Example: convert 15 CLP to LAK:
15 CLP = 15 × 0.0441245631432899 LAK = 0.661868447149348 LAK
Chilean Peso to Laotian Kip Conversion Table
| Chilean Peso | Laotian Kip |
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Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce 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.