Convert Laotian Kip to Indonesian Rupiah
Please provide values below to convert Laotian Kip [LAK] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Laotian Kip.
How to Convert Laotian Kip to Indonesian Rupiah
1 LAK = 1.3279435163834 IDR
Example: convert 15 LAK to IDR:
15 LAK = 15 × 1.3279435163834 IDR = 19.919152745751 IDR
Laotian Kip to Indonesian Rupiah Conversion Table
| Laotian Kip | Indonesian Rupiah |
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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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.