Convert Laotian Kip to Bahraini Dinar
Please provide values below to convert Laotian Kip [LAK] to Bahraini Dinar [BHD], or Convert Bahraini Dinar to Laotian Kip.
How to Convert Laotian Kip to Bahraini Dinar
1 LAK = 57525.1611702128 BHD
Example: convert 15 LAK to BHD:
15 LAK = 15 × 57525.1611702128 BHD = 862877.417553191 BHD
Laotian Kip to Bahraini 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.
Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.