Convert Laotian Kip to Iraqi Dinar
Please provide values below to convert Laotian Kip [LAK] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Laotian Kip.
How to Convert Laotian Kip to Iraqi Dinar
1 LAK = 16.515418363618 IQD
Example: convert 15 LAK to IQD:
15 LAK = 15 × 16.515418363618 IQD = 247.731275454269 IQD
Laotian Kip to Iraqi Dinar Conversion Table
| Laotian Kip | Iraqi Dinar |
|---|
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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.