Convert Mongolian Tugrik to Laotian Kip
Please provide values below to convert Mongolian Tugrik [MNT] to Laotian Kip [LAK], or Convert Laotian Kip to Mongolian Tugrik.
1 MNT = 0.16411545649 LAK. To convert Mongolian Tugrik to Laotian Kip, multiply the value by 0.16411545649; to go the other way, divide by it (1 LAK = 6.09327129442 MNT). Both units measure currency and appear in everyday as well as technical calculations, so switching between them quickly is often useful.
Quick Reference
- 1 MNT = 0.16411545649 LAK
- 1 LAK = 6.09327129442 MNT
- 10 MNT = 1.6411545649 LAK
- 100 MNT = 16.411545649 LAK
How to Convert Mongolian Tugrik to Laotian Kip
1 MNT = 0.164115456489932 LAK
Example: convert 15 MNT to LAK:
15 MNT = 15 × 0.164115456489932 LAK = 2.46173184734898 LAK
Mongolian Tugrik to Laotian Kip Conversion Table
| Mongolian Tugrik | Laotian Kip |
|---|---|
| 1 MNT | 0.16411545649 LAK |
| 2 MNT | 0.32823091298 LAK |
| 3 MNT | 0.49234636947 LAK |
| 5 MNT | 0.82057728245 LAK |
| 10 MNT | 1.6411545649 LAK |
| 20 MNT | 3.2823091298 LAK |
| 50 MNT | 8.2057728245 LAK |
| 100 MNT | 16.411545649 LAK |
| 500 MNT | 82.057728245 LAK |
| 1000 MNT | 164.11545649 LAK |
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.
Laotian Kip
The Laotian Kip (LAK) is the official currency of Laos, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Laotian Kip was introduced in 1952, replacing the French Indochinese piastre, and has undergone various redenominations and reforms to stabilize the economy and control inflation.
Current Use
Today, the Kip remains the primary currency in Laos, used in all financial transactions, with coins and banknotes issued by the Bank of the Lao P.D.R. and widely accepted throughout the country.
Frequently Asked Questions
What is 1 Mongolian Tugrik in Laotian Kip?
1 Mongolian Tugrik (MNT) = 0.16411545649 Laotian Kip (LAK).
How do you convert Mongolian Tugrik to Laotian Kip?
Multiply the Mongolian Tugrik value by 0.16411545649. For example, 25 MNT × 0.16411545649 = 4.10288641225 LAK.
What is 10 Mongolian Tugrik in Laotian Kip?
10 MNT = 1.6411545649 LAK.
Which unit is larger, the Mongolian Tugrik or the Laotian Kip?
The Laotian Kip is the larger unit: 1 MNT equals only 0.16411545649 LAK.