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Uruguay Amaze vs Wise: Why Amaze Is the Better Everyday Choice
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LAK - Lao Kip currency
Laos
The Lao Kip (LAK) is the official currency of Laos and is issued by the Bank of the Lao P.D.R. It was introduced in 1952, replacing the French Indochinese piastre. The Kip is a non-convertible currency, meaning it cannot be freely exchanged outside of Laos. Laos relies heavily on agriculture, hydropower exports, and tourism, and the Kip has faced inflationary pressures in recent years. Due to its weak value against major global currencies, the Thai Baht and US Dollar are often used for transactions in Laos.
LAK - Lao Kip profile
Symbol
₭
ISO 4217 Code
LAK
Central Bank
Bank of the Lao P.D.R.
Nicknames
-
Countries using this currency
Laos
LAK - Lao Kip live currency rates
| Currency | Rate | Change |
|---|---|---|
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| MYR / INR | ||
| MYR / SGD | ||
| SGD / INR | ||
| SGD / MYR | ||
| USD / INR | ||
| USD / NPR |
Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.
