Convert Laotian Kip to Ukrainian Hryvnia
Please provide values below to convert Laotian Kip [LAK] to Ukrainian Hryvnia [UAH], or Convert Ukrainian Hryvnia to Laotian Kip.
How to Convert Laotian Kip to Ukrainian Hryvnia
1 LAK = 517.705108964923 UAH
Example: convert 15 LAK to UAH:
15 LAK = 15 × 517.705108964923 UAH = 7765.57663447384 UAH
Laotian Kip to Ukrainian Hryvnia Conversion Table
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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.
Ukrainian Hryvnia
The Ukrainian Hryvnia (UAH) is the official currency of Ukraine, used for all monetary transactions within the country.
History/Origin
The Hryvnia was first introduced in Ukraine in 1918 during the brief independence period, replaced by the Soviet ruble. It was reintroduced in 1996 after Ukraine gained independence from the Soviet Union, replacing the karbovanets as the national currency.
Current Use
Today, the Hryvnia is the sole legal tender in Ukraine, widely used in everyday transactions, banking, and financial markets. It is managed by the National Bank of Ukraine and features modern banknotes and coins.