Convert Mauritian Rupee to Laotian Kip
Please provide values below to convert Mauritian Rupee [MUR] to Laotian Kip [LAK], or Convert Laotian Kip to Mauritian Rupee.
How to Convert Mauritian Rupee to Laotian Kip
1 MUR = 0.002101448614026 LAK
Example: convert 15 MUR to LAK:
15 MUR = 15 × 0.002101448614026 LAK = 0.03152172921039 LAK
Mauritian Rupee to Laotian Kip Conversion Table
Mauritian Rupee | Laotian Kip |
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Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.
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.