Convert Laotian Kip to Bangladeshi Taka
Please provide values below to convert Laotian Kip [LAK] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Laotian Kip.
How to Convert Laotian Kip to Bangladeshi Taka
1 LAK = 177.78145404691 BDT
Example: convert 15 LAK to BDT:
15 LAK = 15 × 177.78145404691 BDT = 2666.72181070365 BDT
Laotian Kip to Bangladeshi Taka Conversion Table
| Laotian Kip | Bangladeshi Taka |
|---|
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.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.