Lao Kip

Lao Kip

The kip (Lao: ກີບ; code: LAK; sign: ₭ or ₭N; French: kip; officially: ເງີນກີບລາວ, lit. "currency Lao kip") is the currency of Laos since 1952. Historically, one kip was divided into 100 att (ອັດ).

Thai Baht

Thai Baht

The baht (; Thai: บาท, pronounced [bàːt]; sign: ฿; code:100 THB) is the official currency of Thailand. It is subdivided into 100 satang (สตางค์, pronounced [sətāːŋ]). The issuance of currency is the responsibility of the Bank of Thailand. According to SWIFT, as of February 2017, the Thai baht is ranked as the 10th most frequently used world payment currency.According to a report in the South China Morning Post, the China Banknote Printing and Minting Corporation produces at least some Thai banknotes and coins.

259 Lao Kip to Thai Baht exchange rates chart

259 LAK to THB exchange rates graph
259 LAK to THB Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

259 LAK to THB exchange rates table

Exchange LAK to THB
259 Lao Kip = 1.002 Thai Baht
518 Lao Kip = 2.005 Thai Baht
1295 Lao Kip = 5.012 Thai Baht
2590 Lao Kip = 10.024 Thai Baht
Exchange Lao Kip to Thai Baht
259 Lao Kip to Thai Baht Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best LAK/THB rate at Bangkok Bank in Bangkok

259 LAK to THB exchange rates at Bangkok Bank in Bangkok
259 Lao Kip = 0.912 Thai Baht
Bangkok Bank
Bangkok Bank

Established in 1944, Bangkok Bank is one of Southeast Asia’s largest regional banks with total assets of 3,076,310 million baht. We are a leading provider of corporate finance and SME lending in Thailand, with approximately 240 business centers and business desks, and we also have the country's largest retail customer base of more than 17 million accounts. Our business-banking services include syndicated loans, debt securities underwriting, trade finance, project finance, custodial services,...

259 LAK to THB exchange rates news

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Kathin festival strengthens Buddhism, supports temple restoration in Laos

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indicative positive
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imperative neutral
In de voetsporen van Boeddha
In de voetsporen van Boeddha

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indicative neutral
Focus on muay thai dangers
Focus on muay thai dangers

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conditional neutral
Emerging Markets: The Real Pain Has Yet To Appear

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conditional positive
Thai listed property firms show financial growth in first nine months this year

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indicative positive

259 LAK to THB currency converter