Convert Lao Kip to New Taiwan Dollar
Convert Lao Kip (LAK) to New Taiwan Dollar (TWD) 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 New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan (Republic of China), introduced in 1949 when the Nationalist government retreated from mainland China to Taiwan. The Central Bank of the Republic of China (Taiwan) manages monetary policy. Taiwan has one of Asia's most dynamic economies and is a global technology powerhouse - TSMC (Taiwan Semiconductor Manufacturing Company), the world's largest contract chipmaker, is headquartered in Taiwan and produces the world's most advanced semiconductors.
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).