Convert Laotian Kip to Ugandan Shilling
Please provide values below to convert Laotian Kip [LAK] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Laotian Kip.
How to Convert Laotian Kip to Ugandan Shilling
1 LAK = 6.06501164830938 UGX
Example: convert 15 LAK to UGX:
15 LAK = 15 × 6.06501164830938 UGX = 90.9751747246408 UGX
Laotian Kip to Ugandan Shilling Conversion Table
| Laotian Kip | Ugandan 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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.