Convert Laotian Kip to Polish Zloty
Please provide values below to convert Laotian Kip [LAK] to Polish Zloty [PLN], or Convert Polish Zloty to Laotian Kip.
How to Convert Laotian Kip to Polish Zloty
1 LAK = 5967.40622413508 PLN
Example: convert 15 LAK to PLN:
15 LAK = 15 × 5967.40622413508 PLN = 89511.0933620261 PLN
Laotian Kip to Polish Zloty 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.
Polish Zloty
The Polish Zloty (PLN) is the official currency of Poland, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Zloty has been Poland's currency since the 14th century, with modern issuance beginning in 1924 after a period of currency reforms. It replaced earlier currencies and has undergone several redenominations, most notably in 1995 to stabilize the economy.
Current Use
The PLN is actively used as Poland's legal tender, with coins and banknotes circulating nationwide. It is also traded in foreign exchange markets and used in international transactions involving Poland.