Convert Laotian Kip to Azerbaijani Manat
Please provide values below to convert Laotian Kip [LAK] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to Laotian Kip.
How to Convert Laotian Kip to Azerbaijani Manat
1 LAK = 12719.4710967363 AZN
Example: convert 15 LAK to AZN:
15 LAK = 15 × 12719.4710967363 AZN = 190792.066451044 AZN
Laotian Kip to Azerbaijani Manat Conversion Table
| Laotian Kip | Azerbaijani Manat |
|---|
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.
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.