Convert Lao Kip to Sri Lankan Rupee
Convert Lao Kip (LAK) to Sri Lankan Rupee (LKR) using daily updated exchange rates.
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Exchange Rate
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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 Sri Lankan Rupee
The Sri Lankan Rupee (LKR) has been the official currency of Sri Lanka since 1872, with the Central Bank of Sri Lanka (CBSL) managing monetary policy since 1950. Sri Lanka experienced a severe economic crisis in 2022, running out of foreign exchange reserves, causing widespread fuel, medicine, and food shortages that led to political upheaval and the resignation of the president. An IMF bailout agreement in 2023 helped stabilise the situation. Sri Lanka's economy is based on tourism, garment exports, tea (a world-leading exporter), and remittances.
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).