Convert Mauritanian Ouguiya to Laotian Kip
Please provide values below to convert Mauritanian Ouguiya [MRU] to Laotian Kip [LAK], or Convert Laotian Kip to Mauritanian Ouguiya.
How to Convert Mauritanian Ouguiya to Laotian Kip
1 MRU = 0.00184754029418561 LAK
Example: convert 15 MRU to LAK:
15 MRU = 15 × 0.00184754029418561 LAK = 0.0277131044127841 LAK
Mauritanian Ouguiya to Laotian Kip Conversion Table
| Mauritanian Ouguiya | Laotian Kip |
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Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).
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.