Convert New Zealand Dollar to Lao Kip

Convert New Zealand Dollar (NZD) to Lao Kip (LAK) using daily updated exchange rates.

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New Zealand Dollar (NZD)
Lao Kip (LAK)

Exchange Rate

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About New Zealand Dollar

The New Zealand Dollar (NZD), nicknamed the "Kiwi" after the native flightless bird on the one-dollar coin, was introduced in 1967 when New Zealand decimalised its currency. It is the tenth most traded currency in global foreign exchange markets. The Reserve Bank of New Zealand (RBNZ) manages monetary policy with an inflation-targeting floating exchange rate. New Zealand's export-oriented economy is based primarily on dairy products, meat, wool, and wine, alongside tourism and financial services.

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.

Quick Reference Table

New Zealand Dollar (NZD)Lao Kip (LAK)
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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).

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