Convert Cambodian Riel to Lao Kip
Convert Cambodian Riel (KHR) to Lao Kip (LAK) using daily updated exchange rates.
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Exchange Rate
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About Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia but exists in an unusual dual-currency environment where the US Dollar is widely used alongside the riel for most large transactions. The riel was reintroduced in 1980 after the Khmer Rouge abolished currency entirely between 1975 and 1979 - one of only two instances in modern history where a national currency was completely abolished. The National Bank of Cambodia manages monetary policy. Cambodia's economy has grown rapidly, fuelled by garment exports, tourism, and construction.
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
| Cambodian Riel (KHR) | Lao Kip (LAK) |
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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).