Convert Laotian Kip to Congolese Franc
Please provide values below to convert Laotian Kip [LAK] to Congolese Franc [CDF], or Convert Congolese Franc to Laotian Kip.
How to Convert Laotian Kip to Congolese Franc
1 LAK = 7.49711956810523 CDF
Example: convert 15 LAK to CDF:
15 LAK = 15 × 7.49711956810523 CDF = 112.456793521578 CDF
Laotian Kip to Congolese Franc Conversion Table
| Laotian Kip | Congolese Franc |
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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.
Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.