Convert Armenian Dram to Laotian Kip

Please provide values below to convert Armenian Dram [AMD] to Laotian Kip [LAK], or Convert Laotian Kip to Armenian Dram.

How to Convert Armenian Dram to Laotian Kip

1 AMD = 0.0177560137583829 LAK

Example: convert 15 AMD to LAK:
15 AMD = 15 × 0.0177560137583829 LAK = 0.266340206375743 LAK

Armenian Dram to Laotian Kip Conversion Table

Armenian Dram	Laotian Kip

Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.

History/Origin

The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.

Current Use

The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.

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.

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