Convert Laotian Kip to Chilean Peso
Please provide values below to convert Laotian Kip [LAK] to Chilean Peso [CLP], or Convert Chilean Peso to Laotian Kip.
How to Convert Laotian Kip to Chilean Peso
1 LAK = 22.6631138931077 CLP
Example: convert 15 LAK to CLP:
15 LAK = 15 × 22.6631138931077 CLP = 339.946708396615 CLP
Laotian Kip to Chilean Peso Conversion Table
| Laotian Kip | Chilean Peso |
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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.
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.