Convert Laotian Kip to Bosnia-Herzegovina Convertible Mark

Please provide values below to convert Laotian Kip [LAK] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Laotian Kip.




How to Convert Laotian Kip to Bosnia-Herzegovina Convertible Mark

1 LAK = 12974.3030412093 BAM

Example: convert 15 LAK to BAM:
15 LAK = 15 × 12974.3030412093 BAM = 194614.545618139 BAM


Laotian Kip to Bosnia-Herzegovina Convertible Mark Conversion Table

Laotian Kip Bosnia-Herzegovina Convertible Mark

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.


Bosnia-Herzegovina Convertible Mark

The Bosnia-Herzegovina Convertible Mark (BAM) is the official currency of Bosnia and Herzegovina, used for everyday transactions and financial exchanges within the country.

History/Origin

Introduced in 1998, the BAM replaced the Bosnia and Herzegovina dinar following the country's monetary reform and stabilization efforts after the Bosnian War. It is pegged to the Euro at a fixed rate, ensuring stability.

Current Use

The BAM is widely used throughout Bosnia and Herzegovina for all forms of payment, including cash, banking, and electronic transactions. It remains the country's official currency and is managed by the Central Bank of Bosnia and Herzegovina.



Convert Laotian Kip To Other Currency Units