Convert Laotian Kip to Bahamian Dollar
Please provide values below to convert Laotian Kip [LAK] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Laotian Kip.
How to Convert Laotian Kip to Bahamian Dollar
1 LAK = 21629.4606 BSD
Example: convert 15 LAK to BSD:
15 LAK = 15 × 21629.4606 BSD = 324441.909 BSD
Laotian Kip to Bahamian Dollar Conversion Table
| Laotian Kip | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.