Convert Libyan Dinar to Laotian Kip
Please provide values below to convert Libyan Dinar [LYD] to Laotian Kip [LAK], or Convert Laotian Kip to Libyan Dinar.
How to Convert Libyan Dinar to Laotian Kip
1 LYD = 0.000250954015931401 LAK
Example: convert 15 LYD to LAK:
15 LYD = 15 × 0.000250954015931401 LAK = 0.00376431023897101 LAK
Libyan Dinar to Laotian Kip Conversion Table
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Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.
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.