Convert Aruban Florin to Laotian Kip

Please provide values below to convert Aruban Florin [AWG] to Laotian Kip [LAK], or Convert Laotian Kip to Aruban Florin.

How to Convert Aruban Florin to Laotian Kip

1 AWG = 8.27574960422268e-05 LAK

Example: convert 15 AWG to LAK:
15 AWG = 15 × 8.27574960422268e-05 LAK = 0.0012413624406334 LAK

Aruban Florin to Laotian Kip Conversion Table

Aruban Florin	Laotian Kip

Aruban Florin

The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.

History/Origin

The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.

Current Use

The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.

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.

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