Convert Romanian Leu to Lao Kip
Convert Romanian Leu (RON) to Lao Kip (LAK) using daily updated exchange rates.
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Exchange Rate
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About Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, with "leu" meaning "lion" in Romanian. A redenomination occurred in 2005 where 10,000 old lei (ROL) became 1 new leu (RON). The National Bank of Romania manages monetary policy. Romania is an EU member since 2007 and is preparing to adopt the Euro, though no firm date has been set. Romania has a medium-sized economy in Southeast Europe with strong agricultural, manufacturing (automotive - Dacia/Renault), and IT services sectors. The leu is divided into 100 bani.
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
| Romanian Leu (RON) | 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).