Convert Polish Zloty to Laotian Kip
Please provide values below to convert Polish Zloty [PLN] to Laotian Kip [LAK], or Convert Laotian Kip to Polish Zloty.
How to Convert Polish Zloty to Laotian Kip
1 PLN = 0.000167576994499807 LAK
Example: convert 15 PLN to LAK:
15 PLN = 15 × 0.000167576994499807 LAK = 0.00251365491749711 LAK
Polish Zloty to Laotian Kip Conversion Table
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Polish Zloty
The Polish Zloty (PLN) is the official currency of Poland, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Zloty has been Poland's currency since the 14th century, with modern issuance beginning in 1924 after a period of currency reforms. It replaced earlier currencies and has undergone several redenominations, most notably in 1995 to stabilize the economy.
Current Use
The PLN is actively used as Poland's legal tender, with coins and banknotes circulating nationwide. It is also traded in foreign exchange markets and used in international transactions involving Poland.
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.