Convert Laotian Kip to Syrian Pound
Please provide values below to convert Laotian Kip [LAK] to Syrian Pound [SYP], or Convert Syrian Pound to Laotian Kip.
How to Convert Laotian Kip to Syrian Pound
1 LAK = 1.67610132735425 SYP
Example: convert 15 LAK to SYP:
15 LAK = 15 × 1.67610132735425 SYP = 25.1415199103137 SYP
Laotian Kip to Syrian Pound 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.
Syrian Pound
The Syrian Pound (SYP) is the official currency of Syria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Syrian Pound was introduced in 1947, replacing the Syrian lira, and has undergone various devaluations and reforms due to economic challenges and conflicts in Syria.
Current Use
Today, the Syrian Pound remains the official currency of Syria, though its value is heavily affected by ongoing economic instability and sanctions, with limited use in some regions and a significant presence of foreign currencies.