Convert Laotian Kip to Jamaican Dollar
Please provide values below to convert Laotian Kip [LAK] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Laotian Kip.
How to Convert Laotian Kip to Jamaican Dollar
1 LAK = 135.118680639065 JMD
Example: convert 15 LAK to JMD:
15 LAK = 15 × 135.118680639065 JMD = 2026.78020958598 JMD
Laotian Kip to Jamaican Dollar 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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.