Convert Nicaraguan Córdoba to Laotian Kip
Please provide values below to convert Nicaraguan Córdoba [NIO] to Laotian Kip [LAK], or Convert Laotian Kip to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Laotian Kip
1 NIO = 0.00170074514017238 LAK
Example: convert 15 NIO to LAK:
15 NIO = 15 × 0.00170074514017238 LAK = 0.0255111771025857 LAK
Nicaraguan Córdoba to Laotian Kip Conversion Table
| Nicaraguan Córdoba | Laotian Kip |
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Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.
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.