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🇱🇦 Lao Kip (LAK) TradingHours.com
LAK Currency Demographics
The primary country using the Lao Kip is Laos.
The currency code for the Lao Kip is "LAK". The ISO 4217 number for this currency is 418. The currency symbol for the Kip is "â‚".
There are approximately 7,529,475 people around the world who use the Lao Kip. The Lao Kip is the #86 most used widely currency is the world.
7,529,475 user population
Ranked #86 in the worldLAK Exchange Rates
1 Lao Kip equals:
† Rates last updated at 14 minutes ago
‡ Rates are the interbank rate and are only available on large transactions
LAK Currency Facts
LAK Details
| ISO 4217 Code | LAK |
|---|---|
| ISO 4217 Number | 418 |
| Unit Name | Kip |
| Symbol | â‚ |
| Currency Nicknames | N.a. |
LAK Denominations
| Minor Unit Name | N.a. |
|---|---|
| Minor Unit Symbol | N.a. |
| Minor Units | 2 |
| Frequently Used banknotes | â‚500, â‚1000, â‚2000, â‚5000, â‚10000, â‚20000, â‚50000, â‚100000 |
| Rarely Used Banknotes | â‚1, â‚5, â‚10, â‚20, â‚50, â‚100 |
| Frequently Used Coins | N.a. |
| Rarely Used Coins | k10, k20, k50 |
LAK Issuance
| Central Bank | Bank of Lao P.D.R. |
|---|---|
| Central Bank Website | http://www.bol.gov.la |
World Bank Statistics
| Estimated User Population | 7,529,475 people |
|---|---|
| Population Rank | #86 |
| LAK Inflation Rate | 22.96% |
| Inflation Rank | #13 |
† Population and Inflation rate as based on data from the World Bank.
‡ Corrections or suggestions? Please contact us.
2024 LAK Currency Holidays
No holidays available
LAK Currency History
The Lao Kip was created in January 1980. The table below shows the history of currencies that ultimately became the Lao Kip.
| Currency | Active | Replaced By |
|---|---|---|
| Lao kip (LAJ) | January 1965 to December 1979 | LAK |
