Convert Lao Kip to Malawian Kwacha
Convert Lao Kip (LAK) to Malawian Kwacha (MWK) 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 Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, one of the world's least developed countries and most densely populated nations in Sub-Saharan Africa. Introduced in 1971 to replace the Malawian pound, the name "kwacha" means "dawn" in the Chichewa language, reflecting the aspiration of a new beginning at independence. The Reserve Bank of Malawi manages monetary policy. Malawi's economy is overwhelmingly agricultural, with tobacco as the dominant export crop.
Quick Reference Table
| Lao Kip (LAK) | Malawian Kwacha (MWK) |
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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).