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).

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

606 Lao Kip to South African Rand exchange rates chart

606 LAK to ZAR exchange rates graph
606 LAK to ZAR 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.

606 LAK to ZAR exchange rates table

Exchange LAK to ZAR
606 Lao Kip = 0.981 South African Rand
1212 Lao Kip = 1.962 South African Rand
3030 Lao Kip = 4.906 South African Rand
6060 Lao Kip = 9.811 South African Rand
Exchange Lao Kip to South African Rand
606 Lao Kip to South African Rand 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.

606 LAK to ZAR exchange rates news

Exploring the heartland of Laos by motorbike

Tourists often make their way to central Laos to rent a motorbike in Thakhaek district, the capital of Khammuan province, to hit “The Loop”, a 450-kilometre circular route passing through the two provinces and featuring an abundance of scenic and other at

about 2 months subjunctive positive
Energy and mines growth boost Lao
Energy and mines growth boost Lao

THE LAO government says the country will earn increased revenues from the energy and mines sector this year on the back of continued growth.

about 2 months conditional positive
Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 1 month conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive

606 LAK to ZAR currency converter