Convert Ukrainian Hryvnia to Laotian Kip
Please provide values below to convert Ukrainian Hryvnia [UAH] to Laotian Kip [LAK], or Convert Laotian Kip to Ukrainian Hryvnia.
How to Convert Ukrainian Hryvnia to Laotian Kip
1 UAH = 0.00193160156753978 LAK
Example: convert 15 UAH to LAK:
15 UAH = 15 × 0.00193160156753978 LAK = 0.0289740235130968 LAK
Ukrainian Hryvnia to Laotian Kip Conversion Table
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Ukrainian Hryvnia
The Ukrainian Hryvnia (UAH) is the official currency of Ukraine, used for all monetary transactions within the country.
History/Origin
The Hryvnia was first introduced in Ukraine in 1918 during the brief independence period, replaced by the Soviet ruble. It was reintroduced in 1996 after Ukraine gained independence from the Soviet Union, replacing the karbovanets as the national currency.
Current Use
Today, the Hryvnia is the sole legal tender in Ukraine, widely used in everyday transactions, banking, and financial markets. It is managed by the National Bank of Ukraine and features modern banknotes and coins.
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.