Convert Belize Dollar to Laotian Kip
Please provide values below to convert Belize Dollar [BZD] to Laotian Kip [LAK], or Convert Laotian Kip to Belize Dollar.
How to Convert Belize Dollar to Laotian Kip
1 BZD = 9.24664760248344e-05 LAK
Example: convert 15 BZD to LAK:
15 BZD = 15 × 9.24664760248344e-05 LAK = 0.00138699714037252 LAK
Belize Dollar to Laotian Kip Conversion Table
| Belize Dollar | Laotian Kip |
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Belize Dollar
The Belize Dollar (BZD) is the official currency of Belize, used for all monetary transactions within the country.
History/Origin
The Belize Dollar was introduced in 1973, replacing the Belizean dollar at par with the British dollar, and has since been the country's standard currency, maintaining stability through pegging to the US dollar.
Current Use
The Belize Dollar is widely used in Belize for everyday transactions, banking, and trade, and is pegged to the US dollar at a rate of 2 BZD to 1 USD.
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.