Convert Laotian Kip to Botswanan Pula
Please provide values below to convert Laotian Kip [LAK] to Botswanan Pula [BWP], or Convert Botswanan Pula to Laotian Kip.
How to Convert Laotian Kip to Botswanan Pula
1 LAK = 1543.16478671261 BWP
Example: convert 15 LAK to BWP:
15 LAK = 15 × 1543.16478671261 BWP = 23147.4718006892 BWP
Laotian Kip to Botswanan Pula 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.
Botswanan Pula
The Botswana Pula (BWP) is the official currency of Botswana, used for all monetary transactions within the country.
History/Origin
Introduced in 1976, the Pula replaced the South African Rand at par, symbolizing a new era of economic independence for Botswana.
Current Use
The Pula is widely used in Botswana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.