Convert Laotian Kip to Mauritanian Ouguiya
Please provide values below to convert Laotian Kip [LAK] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Laotian Kip.
How to Convert Laotian Kip to Mauritanian Ouguiya
1 LAK = 541.260184228241 MRU
Example: convert 15 LAK to MRU:
15 LAK = 15 × 541.260184228241 MRU = 8118.90276342361 MRU
Laotian Kip to Mauritanian Ouguiya Conversion Table
| Laotian Kip | Mauritanian Ouguiya |
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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.
Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).