Convert Laotian Kip to Tongan Paanga
Please provide values below to convert Laotian Kip [LAK] to Tongan Paanga [TOP], or Convert Tongan Paanga to Laotian Kip.
How to Convert Laotian Kip to Tongan Paanga
1 LAK = 9071.23829894313 TOP
Example: convert 15 LAK to TOP:
15 LAK = 15 × 9071.23829894313 TOP = 136068.574484147 TOP
Laotian Kip to Tongan Paanga Conversion Table
| Laotian Kip | Tongan Paanga |
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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.
Tongan Paanga
The Tongan Paʻanga (TOP) is the official currency of Tonga, used as the primary monetary unit for transactions within the country.
History/Origin
The Paʻanga was introduced in 1967, replacing the Tongan pound at a rate of 1 Paʻanga = 10 shillings, to modernize Tonga's currency system and facilitate easier transactions.
Current Use
Today, the Paʻanga remains the official currency of Tonga, widely used in everyday transactions, banking, and trade within the country.