Convert Lao Kip to Czech Koruna
Convert Lao Kip (LAK) to Czech Koruna (CZK) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
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.
About Czech Koruna
The Czech Koruna (CZK) became the sole currency of the Czech Republic on 8 February 1993, following the peaceful dissolution of Czechoslovakia - the "Velvet Divorce" - and the separation from the Slovak Koruna. The word "koruna" means "crown". The Czech National Bank manages monetary policy with an inflation-targeting regime. The Czech Republic has been an EU member since 2004 but has not yet adopted the Euro, retaining its own currency as a matter of national policy. The Czech economy is highly industrialised with a strong automotive, machinery, and electronics manufacturing base.
Quick Reference Table
| Lao Kip (LAK) | Czech Koruna (CZK) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).