LAK to USD Exchange Rate - Convert Lao Kip to US Dollar
LAK to USD Exchange Rate - Convert Lao Kip to US Dollar
Converting from Lao Kip (LAK) to US Dollar (USD)
What is Lao Kip (LAK)
The Lao Kip (LAK) is the official currency of Laos, a landlocked country located in Southeast Asia. It was introduced in 1955, replacing the French Indochinese piastre. The Lao Kip is subdivided into 100 att or cents, but due to inflation and other economic factors, smaller denominations are rarely used in daily transactions.
The symbol for the Lao Kip is ₭, and its currency code is LAK. The Kip is essential for day-to-day transactions in Laos, including buying food, clothing, and services. While the exchange rates can fluctuate, the Kip is a less widely recognized currency compared to major currencies like the US Dollar (USD). Local markets and businesses often accept cash payment and commonly use the Kip for pricing goods and services.
In recent years, Laos has experienced economic growth, which affects the value of the Kip. However, various factors, such as inflation rates, economic stability, and Laos's trade balance, impact its value against other currencies. Thus, consistently checking exchange rates is essential for those looking to convert Lao Kip to US Dollars or vice versa.
What is US Dollar (USD)
The US Dollar (USD) is the official currency of the United States and is recognized around the world as one of the primary reserve currencies. The dollar was established as the legal tender in 1792, and it is represented by the symbol $ and the currency code USD. The US Dollar is subdivided into 100 cents.
Over the years, the US Dollar has gained prominence on the international stage. It is used in global trade and is the standard currency for many commodities, including oil and gold. The strength of the US economy, stable inflation rates, and global demand for dollars contribute to its widespread use and acceptance.
When converting from Lao Kip to US Dollars, it's worth noting the exchange rate, which fluctuates based on market conditions, economic indicators, and geopolitical factors. As of the latest data, 1 USD is typically worth thousands of Lao Kip, making the conversion crucial for travelers, business professionals, and investors engaging with Laos.
To convert LAK to USD, one can use the following formula:
Amount in USD = (Amount in LAK/Exchange Rate (LAK/USD))
Understanding these currencies' roles and values can help individuals make informed financial decisions, whether for travel, investment, or business operations involving Laos and the United States. Always consult a reliable currency converter or financial institution for the most accurate and up-to-date exchange rates.
Lao Kip to US Dollar conversion table
LAK to USD conversion table
Lao Kip (LAK) | US Dollar (USD) |
---|---|
1 LAK | 0.00004890485 USD |
2 LAK | 0.0000978097 USD |
3 LAK | 0.00014671456 USD |
4 LAK | 0.00019561941 USD |
5 LAK | 0.00024452426 USD |
6 LAK | 0.00029342911 USD |
7 LAK | 0.00034233397 USD |
8 LAK | 0.00039123882 USD |
9 LAK | 0.00044014367 USD |
10 LAK | 0.00048904852 USD |
100 LAK | 0.00489048521 USD |
200 LAK | 0.00978097043 USD |
300 LAK | 0.01467145564 USD |
400 LAK | 0.01956194086 USD |
500 LAK | 0.02445242607 USD |
600 LAK | 0.02934291129 USD |
700 LAK | 0.0342333965 USD |
800 LAK | 0.03912388172 USD |
900 LAK | 0.04401436693 USD |
1 000 LAK | 0.04890485214 USD |
2 000 LAK | 0.09780970429 USD |
5 000 LAK | 0.24452426072 USD |
10 000 LAK | 0.48904852144 USD |
20 000 LAK | 0.97809704288 USD |
50 000 LAK | 2.4452426072 USD |
100 000 LAK | 4.8904852144 USD |
- Lao Kip to US Dollar
- Lao Kip to Euro
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- Lao Kip to Australian Dollar
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- Lao Kip to Canadian Dollar
- Lao Kip to Russian Rouble
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- Lao Kip to Belarusian Ruble
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- Lao Kip to Bosnia and Herzegovina convertible mark
- Lao Kip to Botswana Pula
- Lao Kip to Brazilian Real
- Lao Kip to Brunei Dollar
- Lao Kip to Bulgarian Lev
- Lao Kip to Burundi Franc
- Lao Kip to Chinese Yuan
- Lao Kip to Cambodia Riel
- Lao Kip to Cape Verde Escudo
- Lao Kip to Cayman Islands Dollar
- Lao Kip to CFA Franc - BCEAO
- Lao Kip to CFA Franc - BEAC
- Lao Kip to Chilean Peso
- Lao Kip to Colombian Peso
- Lao Kip to Congolese franc
- Lao Kip to Comoros Franc
- Lao Kip to Costa Rica Colon
- Lao Kip to Croatian Kuna
- Lao Kip to Cuban Peso
- Lao Kip to Czech Koruna
- Lao Kip to Danish Krone
- Lao Kip to Djibouti Franc
- Lao Kip to Dominican Peso
- Lao Kip to East Caribbean Dollar
- Lao Kip to Egyptian Pound
- Lao Kip to El Salvador Colon
- Lao Kip to Eritrea Nakfa
- Lao Kip to Ethiopian Birr
- Lao Kip to Falkland Islands Pound
- Lao Kip to Fiji Dollar
- Lao Kip to Hong Kong Dollar
- Lao Kip to Indonesian Rupiah
- Lao Kip to Indian Rupee
- Lao Kip to Gambian Dalasi
- Lao Kip to Georgian lari
- Lao Kip to Gibraltar Pound
- Lao Kip to Ghanian cedi
- Lao Kip to Guatemala Quetzal
- Lao Kip to Guinea Franc
- Lao Kip to Guyana Dollar
- Lao Kip to Haiti Gourde
- Lao Kip to Honduras Lempira
- Lao Kip to Hungarian Forint
- Lao Kip to Iceland Krona
- Lao Kip to Iran Rial
- Lao Kip to Iraqi Dinar
- Lao Kip to Israeli Shekel
- Lao Kip to Jamaican Dollar
- Lao Kip to Jordanian Dinar
- Lao Kip to Kazakhstan Tenge
- Lao Kip to Kenyan Shilling
- Lao Kip to Kuwaiti Dinar
- Lao Kip to Kyrgyzstani Som
- Lao Kip to Lebanese Pound
- Lao Kip to Lesotho Loti
- Lao Kip to Liberian Dollar
- Lao Kip to Libyan Dinar
- Lao Kip to Lithuanian Lita
- Lao Kip to Macau Pataca
- Lao Kip to Malagasy ariary
- Lao Kip to Macedonian Denar
- Lao Kip to Malawi Kwacha
- Lao Kip to Malaysian Ringgit
- Lao Kip to Maldives Rufiyaa
- Lao Kip to Mauritania Ougulya
- Lao Kip to Mauritius Rupee
- Lao Kip to Mexican Peso
- Lao Kip to Moldovan Leu
- Lao Kip to Mongolian Tugrik
- Lao Kip to Mozambican metical
- Lao Kip to Mauritanian ouguiya
- Lao Kip to Moroccan Dirham
- Lao Kip to Myanmar Kyat
- Lao Kip to Namibian Dollar
- Lao Kip to Nepalese Rupee
- Lao Kip to Neth Antilles Guilder
- Lao Kip to New Zealand Dollar
- Lao Kip to Nicaragua Cordoba
- Lao Kip to Nigerian Naira
- Lao Kip to North Korean Won
- Lao Kip to Norwegian Krone
- Lao Kip to Omani Rial
- Lao Kip to Pakistani Rupee
- Lao Kip to Panama Balboa
- Lao Kip to Papua New Guinea Kina
- Lao Kip to Paraguayan Guarani
- Lao Kip to Peruvian Nuevo Sol
- Lao Kip to Philippine Peso
- Lao Kip to Polish Zloty
- Lao Kip to Qatar Rial
- Lao Kip to Romanian New Leu
- Lao Kip to Rwanda Franc
- Lao Kip to Swiss Franc
- Lao Kip to South Korean Won
- Lao Kip to Samoa Tala
- Lao Kip to São Tomé and Príncipe dobra
- Lao Kip to Sao Tome Dobra
- Lao Kip to Saudi Arabian Riyal
- Lao Kip to Seychelles Rupee
- Lao Kip to Sierra Leonean Leone
- Lao Kip to Singapore Dollar
- Lao Kip to Serbian dinar
- Lao Kip to Solomon Islands Dollar
- Lao Kip to Somali Shilling
- Lao Kip to South African Rand
- Lao Kip to South Sudanese pound
- Lao Kip to Sri Lanka Rupee
- Lao Kip to St Helena Pound
- Lao Kip to Sudanese Pound
- Lao Kip to Surinamese dollar
- Lao Kip to Swaziland Lilageni
- Lao Kip to Swedish Krona
- Lao Kip to Syrian Pound
- Lao Kip to Tajikistani Somoni
- Lao Kip to Thai Baht
- Lao Kip to Turkish Lira
- Lao Kip to Taiwan Dollar
- Lao Kip to Tanzanian Shilling
- Lao Kip to Tonga Pa'ang
- Lao Kip to Trinidad and Tobago Dollar
- Lao Kip to Tunisian Dinar
- Lao Kip to Turkmenistan Manat
- Lao Kip to UAE Dirham
- Lao Kip to Ugandan Shilling
- Lao Kip to Ukrainian Hryvnia
- Lao Kip to Uruguayan New Peso
- Lao Kip to Uzbekistani Som
- Lao Kip to Vanuatu Vatu
- Lao Kip to Venezuelan bolívar soberano
- Lao Kip to Venezuelan Bolivar Fuerte
- Lao Kip to Vietnam Dong
- Lao Kip to CFP Franc
- Lao Kip to Yemen Riyal
- Lao Kip to Zambian kwacha
- Lao Kip to Zambian Kwacha
- Lao Kip to Bitcoin
- Lao Kip to Gold ounces
- Lao Kip to Silver ounces
- Lao Kip to Platinum ounces
- Lao Kip to Palladium ounces