Convert Laotian Kip to Sierra Leonean Leone
Please provide values below to convert Laotian Kip [LAK] to Sierra Leonean Leone [SLL], or Convert Sierra Leonean Leone to Laotian Kip.
How to Convert Laotian Kip to Sierra Leonean Leone
1 LAK = 0.957601442096076 SLL
Example: convert 15 LAK to SLL:
15 LAK = 15 × 0.957601442096076 SLL = 14.3640216314411 SLL
Laotian Kip to Sierra Leonean Leone Conversion Table
Laotian Kip | Sierra Leonean Leone |
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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.
Sierra Leonean Leone
The Sierra Leonean Leone (SLL) is the official currency of Sierra Leone, used for everyday transactions within the country.
History/Origin
Introduced in 1964, replacing the British West African pound, the Leone has undergone several redenominations and inflation adjustments over the years to stabilize the economy.
Current Use
The Leone is actively used in Sierra Leone for all monetary transactions, with coins and banknotes issued by the Bank of Sierra Leone, and it is also used in currency exchange and financial markets.