Convert Serbian Dinar to Laotian Kip
Please provide values below to convert Serbian Dinar [RSD] to Laotian Kip [LAK], or Convert Laotian Kip to Serbian Dinar.
How to Convert Serbian Dinar to Laotian Kip
1 RSD = 0.00462179348106351 LAK
Example: convert 15 RSD to LAK:
15 RSD = 15 × 0.00462179348106351 LAK = 0.0693269022159526 LAK
Serbian Dinar to Laotian Kip Conversion Table
| Serbian Dinar | Laotian Kip |
|---|
Serbian Dinar
The Serbian Dinar (RSD) is the official currency of Serbia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Serbian Dinar has been the official currency of Serbia since 2006, following the monetary reform that replaced the Yugoslav Dinar. It has undergone several changes and revaluations throughout its history, reflecting economic shifts and reforms.
Current Use
The Serbian Dinar is actively used as Serbia's legal tender for all financial transactions, including cash payments, banking, and electronic transfers within the country.
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.