Convert Guyanaese Dollar to Laotian Kip
Please provide values below to convert Guyanaese Dollar [GYD] to Laotian Kip [LAK], or Convert Laotian Kip to Guyanaese Dollar.
How to Convert Guyanaese Dollar to Laotian Kip
1 GYD = 0.00967620524018061 LAK
Example: convert 15 GYD to LAK:
15 GYD = 15 × 0.00967620524018061 LAK = 0.145143078602709 LAK
Guyanaese Dollar to Laotian Kip Conversion Table
| Guyanaese Dollar | Laotian Kip |
|---|
Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.
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.