Convert Turkmenistani Manat to Laotian Kip
Please provide values below to convert Turkmenistani Manat [TMT] to Laotian Kip [LAK], or Convert Laotian Kip to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Laotian Kip
1 TMT = 0.00016181633304346 LAK
Example: convert 15 TMT to LAK:
15 TMT = 15 × 0.00016181633304346 LAK = 0.0024272449956519 LAK
Turkmenistani Manat to Laotian Kip Conversion Table
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Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.
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.