Convert Laotian Kip to Kenyan Shilling
Please provide values below to convert Laotian Kip [LAK] to Kenyan Shilling [KES], or Convert Kenyan Shilling to Laotian Kip.
How to Convert Laotian Kip to Kenyan Shilling
1 LAK = 167.460716591799 KES
Example: convert 15 LAK to KES:
15 LAK = 15 × 167.460716591799 KES = 2511.91074887699 KES
Laotian Kip to Kenyan Shilling Conversion Table
| Laotian Kip | Kenyan Shilling |
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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.
Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya, used as the country's legal tender for all transactions.
History/Origin
Introduced in 1966, replacing the East African shilling, the Kenyan Shilling has undergone various denominations and reforms to stabilize and modernize Kenya's currency system.
Current Use
The KES is widely used in Kenya for everyday transactions, banking, and trade, and is also accepted in some neighboring regions for cross-border commerce.