Convert Vietnamese Dong to Lao Kip
Convert Vietnamese Dong (VND) to Lao Kip (LAK) using daily updated exchange rates.
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Exchange Rate
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About Vietnamese Dong
The Vietnamese Dong (VND) is the official currency of Vietnam, managed by the State Bank of Vietnam with a managed float exchange regime that keeps it tightly controlled against the US Dollar. Vietnam has one of the world's fastest-growing economies and has emerged as a major global manufacturing hub for electronics (Samsung, Intel, LG have large facilities in Vietnam), garments, and footwear. Vietnam is the world's second largest exporter of coffee (after Brazil) and a leading exporter of rice, shrimp, and cashew nuts.
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
| Vietnamese Dong (VND) | 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).