Convert Danish Krone to Lao Kip
Convert Danish Krone (DKK) to Lao Kip (LAK) using daily updated exchange rates.
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Exchange Rate
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About Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, Greenland, and the Faroe Islands. First introduced in 1875 as part of the Scandinavian Monetary Union alongside Sweden and Norway, it has been Denmark's sole official currency since 1914. Denmark is an EU member but has a formal opt-out from adopting the Euro, and the krone has been pegged to the Euro within a narrow band of plus or minus 2.25% since 1999 (previously pegged to the Deutsche Mark since 1982). Danmarks Nationalbank manages the peg primarily through interest rate policy.
About Lao Kip
The Lao Kip (LAK) is the official currency of the Lao People's Democratic Republic (Laos), a landlocked Southeast Asian country bordered by China, Vietnam, Myanmar, Cambodia, and Thailand. The current kip was introduced in 1979 when the communist Pathet Lao government unified the country's divided monetary system. The Bank of the Lao P.D.R. manages monetary policy. Laos is one of Southeast Asia's least developed countries, with an economy increasingly based on hydropower exports to neighbouring countries, mining, tourism, and agriculture.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).