Convert Congolese Franc to Laotian Kip
Please provide values below to convert Congolese Franc [CDF] to Laotian Kip [LAK], or Convert Laotian Kip to Congolese Franc.
How to Convert Congolese Franc to Laotian Kip
1 CDF = 0.133384560685716 LAK
Example: convert 15 CDF to LAK:
15 CDF = 15 × 0.133384560685716 LAK = 2.00076841028574 LAK
Congolese Franc to Laotian Kip Conversion Table
| Congolese Franc | Laotian Kip |
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Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.
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.