Convert Comorian Franc to Laotian Kip
Please provide values below to convert Comorian Franc [KMF] to Laotian Kip [LAK], or Convert Laotian Kip to Comorian Franc.
How to Convert Comorian Franc to Laotian Kip
1 KMF = 0.0193876078444601 LAK
Example: convert 15 KMF to LAK:
15 KMF = 15 × 0.0193876078444601 LAK = 0.290814117666901 LAK
Comorian Franc to Laotian Kip Conversion Table
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Comorian Franc
The Comorian Franc (KMF) is the official currency of the Comoros, used for all monetary transactions within the country.
History/Origin
The Comorian Franc was introduced in 1979, replacing the French franc at par, and is issued by the Central Bank of the Comoros. It is pegged to the euro at a fixed rate.
Current Use
The KMF is actively used across the Comoros for everyday transactions, banking, and trade, and is accepted throughout the country.
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.