Convert Swazi Lilangeni to Laotian Kip
Please provide values below to convert Swazi Lilangeni [SZL] to Laotian Kip [LAK], or Convert Laotian Kip to Swazi Lilangeni.
How to Convert Swazi Lilangeni to Laotian Kip
1 SZL = 0.000812165422192729 LAK
Example: convert 15 SZL to LAK:
15 SZL = 15 × 0.000812165422192729 LAK = 0.0121824813328909 LAK
Swazi Lilangeni to Laotian Kip Conversion Table
| Swazi Lilangeni | Laotian Kip |
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Swazi Lilangeni
The Swazi Lilangeni (SZL) is the official currency of Eswatini, subdivided into 100 cents.
History/Origin
The Lilangeni was introduced in 1974, replacing the Swazi pound, to modernize the currency system and align with regional monetary standards.
Current Use
The SZL is actively used for all financial transactions within Eswatini and is pegged to the South African Rand at par, facilitating regional trade and stability.
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.