Convert Gambian Dalasi to Laotian Kip
Please provide values below to convert Gambian Dalasi [GMD] to Laotian Kip [LAK], or Convert Laotian Kip to Gambian Dalasi.
How to Convert Gambian Dalasi to Laotian Kip
1 GMD = 0.00336489667245793 LAK
Example: convert 15 GMD to LAK:
15 GMD = 15 × 0.00336489667245793 LAK = 0.050473450086869 LAK
Gambian Dalasi to Laotian Kip Conversion Table
| Gambian Dalasi | Laotian Kip |
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Gambian Dalasi
The Gambian Dalasi (GMD) is the official currency of The Gambia, used for all monetary transactions within the country.
History/Origin
The Dalasi was introduced in 1979, replacing the Gambian Pound at a rate of 1 Dalasi = 10 Pounds, to modernize the country's currency system.
Current Use
The Gambian Dalasi is actively used as the primary currency in The Gambia, with coins and banknotes circulating for everyday transactions and trade.
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.