Convert Laotian Kip to Algerian Dinar
Please provide values below to convert Laotian Kip [LAK] to Algerian Dinar [DZD], or Convert Algerian Dinar to Laotian Kip.
How to Convert Laotian Kip to Algerian Dinar
1 LAK = 166.379314297055 DZD
Example: convert 15 LAK to DZD:
15 LAK = 15 × 166.379314297055 DZD = 2495.68971445582 DZD
Laotian Kip to Algerian Dinar Conversion Table
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.