Convert Lao Kip to Maldivian Rufiyaa
Convert Lao Kip (LAK) to Maldivian Rufiyaa (MVR) 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 Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, an archipelago of 1,200 coral islands in the Indian Ocean. The Maldives Monetary Authority (MMA) manages monetary policy. The rufiyaa is pegged to the US Dollar at a rate of approximately 15.42 MVR per USD within a narrow band. The Maldivian economy is almost entirely dependent on tourism - the Maldives is one of the world's premier luxury travel destinations - and fishing. The tourism sector accounts for around 25% of GDP directly and far more indirectly. The rufiyaa is divided into 100 laari.
Quick Reference Table
| Lao Kip (LAK) | Maldivian Rufiyaa (MVR) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).