Convert Botswanan Pula to Laotian Kip
Please provide values below to convert Botswanan Pula [BWP] to Laotian Kip [LAK], or Convert Laotian Kip to Botswanan Pula.
How to Convert Botswanan Pula to Laotian Kip
1 BWP = 0.000648018933953443 LAK
Example: convert 15 BWP to LAK:
15 BWP = 15 × 0.000648018933953443 LAK = 0.00972028400930165 LAK
Botswanan Pula to Laotian Kip Conversion Table
| Botswanan Pula | Laotian Kip |
|---|
Botswanan Pula
The Botswana Pula (BWP) is the official currency of Botswana, used for all monetary transactions within the country.
History/Origin
Introduced in 1976, the Pula replaced the South African Rand at par, symbolizing a new era of economic independence for Botswana.
Current Use
The Pula is widely used in Botswana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.
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.