Convert Laotian Kip to Hong Kong Dollar
Please provide values below to convert Laotian Kip [LAK] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to Laotian Kip.
How to Convert Laotian Kip to Hong Kong Dollar
1 LAK = 2755.41550103187 HKD
Example: convert 15 LAK to HKD:
15 LAK = 15 × 2755.41550103187 HKD = 41331.2325154781 HKD
Laotian Kip to Hong Kong Dollar Conversion Table
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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.
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.