Convert Egyptian Pound to Laotian Kip
Please provide values below to convert Egyptian Pound [EGP] to Laotian Kip [LAK], or Convert Laotian Kip to Egyptian Pound.
How to Convert Egyptian Pound to Laotian Kip
1 EGP = 0.00226883142892616 LAK
Example: convert 15 EGP to LAK:
15 EGP = 15 × 0.00226883142892616 LAK = 0.0340324714338923 LAK
Egyptian Pound to Laotian Kip Conversion Table
| Egyptian Pound | Laotian Kip |
|---|
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.
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.