SVC to LAK Exchange Rate - Convert El Salvador Colon to Lao Kip

Converting from El Salvador Colon (SVC) to Lao Kip (LAK)

In today's global economy, understanding currency conversion is essential for travelers, businesses, and anyone interested in international finance. This article aims to shed light on two lesser-known currencies: the El Salvador Colon (SVC) and the Lao Kip (LAK).

What is El Salvador Colon (SVC)

The El Salvador Colon (SVC) was the official currency of El Salvador before the country adopted the US Dollar (USD) as its primary currency in 2001. The colon was subdivided into 100 centavos, and the symbol for the colon was often represented as "₡."

The colon was introduced in 1892, replacing the Salvadoran peso at a rate of 1 colon = 1 peso. Throughout its usage, the colon underwent various changes and reforms, but its most notable feature was its stability relative to gold, which helped establish trust among the citizens of El Salvador. However, as the economy evolved and due to hyperinflation, the decision was made to replace the colon with the more widely accepted US dollar.

Although the colon is no longer in active circulation, it holds historical significance and is still referred to in some financial contexts within the country.

What is Lao Kip (LAK)

The Lao Kip (LAK) is the official currency of the Lao People's Democratic Republic, more commonly known as Laos. The kip is subdivided into 100 att, though due to inflation, the att has become largely obsolete. The symbol for the kip is "₭," and it was introduced in 1952, replacing the Indochinese piastre at a rate of 1 kip = 20 piastres.

The kip has faced its own challenges with inflation, especially in the past few decades. Despite its fluctuations, the kip is a crucial part of daily transactions in Laos. The Lao government has taken measures to stabilize the currency, but it still reflects the economic realities of a developing nation. For travelers and expatriates, understanding the kip's value against major currencies can help with budgeting and spending decisions while in Laos.

Converting SVC to LAK

The process of converting from El Salvador Colon to Lao Kip may sound straightforward, but it can be complicated due to the colon being an obsolete currency. Currency conversion rates constantly fluctuate, influenced by economic factors, trade balances, and market demand.

As of the latest updates, the colon no longer holds value in any exchange market since it was phased out in favor of the USD. If you have historical or collectible bills, their worth might be more as a collector's item than as currency. To find the most current exchange rates or to understand how to convert other currencies into Lao Kip, consulting a reliable financial institution or currency converter tool will provide better insights.

In summary, while the El Salvador Colon (SVC) may not have practical significance today, the Lao Kip (LAK) continues to play an important role in Laos’s economy. Whether you are traveling or engaging in international trade, understanding these currencies can enhance your financial literacy and decision-making processes.

El Salvador Colon to Lao Kip conversion table

SVC to LAK conversion table

El Salvador Colon (SVC)Lao Kip (LAK)
1 SVC2 464.46347248086 LAK
2 SVC4 928.92694496173 LAK
3 SVC7 393.39041744259 LAK
4 SVC9 857.85388992346 LAK
5 SVC12 322.31736240432 LAK
6 SVC14 786.78083488519 LAK
7 SVC17 251.24430736605 LAK
8 SVC19 715.70777984692 LAK
9 SVC22 180.17125232778 LAK
10 SVC24 644.63472480865 LAK
100 SVC246 446.34724808645 LAK
200 SVC492 892.69449617291 LAK
300 SVC739 339.04174425936 LAK
400 SVC985 785.38899234581 LAK
500 SVC1 232 231.73624043227 LAK
600 SVC1 478 678.08348851872 LAK
700 SVC1 725 124.43073660517 LAK
800 SVC1 971 570.77798469163 LAK
900 SVC2 218 017.12523277808 LAK
1 000 SVC2 464 463.47248086453 LAK
2 000 SVC4 928 926.94496172907 LAK
5 000 SVC12 322 317.36240432267 LAK
10 000 SVC24 644 634.72480864534 LAK
20 000 SVC49 289 269.44961729069 LAK
50 000 SVC123 223 173.62404322672 LAK
100 000 SVC246 446 347.24808645345 LAK
Last updated June 16, 2025 at 10:55 PM