Convert Syrian Pound to Laotian Kip
Please provide values below to convert Syrian Pound [SYP] to Laotian Kip [LAK], or Convert Laotian Kip to Syrian Pound.
How to Convert Syrian Pound to Laotian Kip
1 SYP = 0.596622640695903 LAK
Example: convert 15 SYP to LAK:
15 SYP = 15 × 0.596622640695903 LAK = 8.94933961043855 LAK
Syrian Pound to Laotian Kip Conversion Table
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Syrian Pound
The Syrian Pound (SYP) is the official currency of Syria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Syrian Pound was introduced in 1947, replacing the Syrian lira, and has undergone various devaluations and reforms due to economic challenges and conflicts in Syria.
Current Use
Today, the Syrian Pound remains the official currency of Syria, though its value is heavily affected by ongoing economic instability and sanctions, with limited use in some regions and a significant presence of foreign currencies.
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.