Convert Sri Lankan Rupee to Laotian Kip
Please provide values below to convert Sri Lankan Rupee [LKR] to Laotian Kip [LAK], or Convert Laotian Kip to Sri Lankan Rupee.
How to Convert Sri Lankan Rupee to Laotian Kip
1 LKR = 0.0139410688771407 LAK
Example: convert 15 LKR to LAK:
15 LKR = 15 × 0.0139410688771407 LAK = 0.20911603315711 LAK
Sri Lankan Rupee to Laotian Kip Conversion Table
| Sri Lankan Rupee | Laotian Kip |
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Sri Lankan Rupee
The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, used for all monetary transactions within the country.
History/Origin
The Sri Lankan Rupee was introduced in 1872 during British colonial rule, replacing the Indian Rupee. It has undergone various changes and decimalization over the years, with the current form established in 1978.
Current Use
Today, the LKR is the legal tender in Sri Lanka, used in everyday transactions, banking, and trade. It is managed by the Central Bank of Sri Lanka and is actively traded in foreign exchange markets.
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.