Convert Croatian Kuna to Laotian Kip
Please provide values below to convert Croatian Kuna [HRK] to Laotian Kip [LAK], or Convert Laotian Kip to Croatian Kuna.
How to Convert Croatian Kuna to Laotian Kip
1 HRK = 0.000296923724487147 LAK
Example: convert 15 HRK to LAK:
15 HRK = 15 × 0.000296923724487147 LAK = 0.0044538558673072 LAK
Croatian Kuna to Laotian Kip Conversion Table
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Croatian Kuna
The Croatian Kuna (HRK) is the official currency of Croatia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Kuna was introduced in 1994, replacing the Croatian dinar, following Croatia's independence. It was initially pegged to the German Mark and later to the Euro, with a managed float system.
Current Use
The Kuna remains the official currency of Croatia, widely used across the country for all forms of payment. Croatia adopted the Euro in 2023, but the Kuna continues to be used alongside it during the transition period.
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.