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).

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

8549 Lao Kip to US Dollar exchange rates chart

8549 LAK to USD exchange rates graph
8549 LAK to USD 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.

8549 LAK to USD exchange rates table

Exchange LAK to USD
8549 Lao Kip = 1.006 US Dollar
17098 Lao Kip = 2.012 US Dollar
42745 Lao Kip = 5.030 US Dollar
85490 Lao Kip = 10.060 US Dollar
Exchange Lao Kip to US Dollar
8549 Lao Kip to US Dollar 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.

8549 LAK to USD exchange rates news

Kathin festival strengthens Buddhism, supports temple restoration in Laos
Kathin festival strengthens Buddhism, supports temple restoration in Laos

Merit makers from the capital and Savannakhet, Champassak, Saravan and Vientiane provinces, as well as Thailand, last week gathered at Kheery Vongkot Thammaram temple in Champassak for the annual Kathin festival.

indicative positive
Lào vs Việt Nam: Phe vé Lào 'thổi giá' gấp nhiều lần bán cho CĐV Việt Nam

Lào vs Việt Nam: Dân phe vé của Lào cũng rất biết cách tận dung cơ hội để chuộc lợi, cụ thể họ bán vé tới tay NHM Việt Nam với giá cao gấp nhiều lần so với giá gốc

imperative neutral
In de voetsporen van Boeddha
In de voetsporen van Boeddha

Betoverd staar je naar de zonsondergang boven de Mekong. Een monnik gehuld in oranje loopt geruisloos voorbij. In de verte schittert,hoog op een berg omgeven door tropische palmen, een gouden tempel.De rust, de kalmte, de ruimte; Laos is bijna on-Aziatisch. Dat moet je met eigen ogen zien...

indicative neutral
US Dollar Losses Hit Pause after October CPI; Focus Remains on Brexit

The DXY Index is off the lows, and rates markets are continuing to price in December for another rate hike from the Fed.

indicative positive
Pound-to-US-Dollar Exchange Rate: GBP/USD Starts The Week On Soft Footing As Brexit Anxiety Mounts

Brexit speculation failed to prevent the GBP/USD exchange rate sinking at the start of the week

conditional neutral
Pound US dollar exchange rate: GBP retreats as Brexit text faces Cabinet scrutiny

THE pound US dollar exchange rate has fallen as much as 0.5 per cent this morning, slumping from a high of $1.302 to the current rate of $1.295 as Brexit jitters weigh on sentiment.

conditional positive

8549 LAK to USD currency converter