Convert Panamanian Balboa to Laotian Kip
Please provide values below to convert Panamanian Balboa [PAB] to Laotian Kip [LAK], or Convert Laotian Kip to Panamanian Balboa.
1 PAB = 4.62332380124e-05 LAK. To convert Panamanian Balboa to Laotian Kip, multiply the value by 4.62332380124e-05; to go the other way, divide by it (1 LAK = 21629.4606 PAB). Both units measure currency and appear in everyday as well as technical calculations, so switching between them quickly is often useful.
Quick Reference
- 1 PAB = 4.62332380124e-05 LAK
- 1 LAK = 21629.4606 PAB
- 10 PAB = 0.000462332380124 LAK
- 100 PAB = 0.00462332380124 LAK
How to Convert Panamanian Balboa to Laotian Kip
1 PAB = 4.62332380124172e-05 LAK
Example: convert 15 PAB to LAK:
15 PAB = 15 × 4.62332380124172e-05 LAK = 0.000693498570186258 LAK
Panamanian Balboa to Laotian Kip Conversion Table
| Panamanian Balboa | Laotian Kip |
|---|---|
| 1 PAB | 4.62332380124e-05 LAK |
| 2 PAB | 9.24664760248e-05 LAK |
| 3 PAB | 0.000138699714037 LAK |
| 5 PAB | 0.000231166190062 LAK |
| 10 PAB | 0.000462332380124 LAK |
| 20 PAB | 0.000924664760248 LAK |
| 50 PAB | 0.00231166190062 LAK |
| 100 PAB | 0.00462332380124 LAK |
| 500 PAB | 0.0231166190062 LAK |
| 1000 PAB | 0.0462332380124 LAK |
Panamanian Balboa
The Panamanian Balboa (PAB) is the official currency of Panama, subdivided into 100 centésimos, used primarily for coinage alongside the US dollar.
History/Origin
Introduced in 1904, the Balboa was established as Panama's official currency to promote national identity, initially backed by gold, but since 1941 it has been pegged at par to the US dollar, which is also widely accepted in the country.
Current Use
Today, the Balboa is mainly used for coinage and official transactions within Panama, with the US dollar serving as the primary currency for most practical purposes, including banking and commerce.
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 Panamanian Balboa in Laotian Kip?
1 Panamanian Balboa (PAB) = 4.62332380124e-05 Laotian Kip (LAK).
How do you convert Panamanian Balboa to Laotian Kip?
Multiply the Panamanian Balboa value by 4.62332380124e-05. For example, 25 PAB × 4.62332380124e-05 = 0.00115583095031 LAK.
What is 10 Panamanian Balboa in Laotian Kip?
10 PAB = 0.000462332380124 LAK.
Which unit is larger, the Panamanian Balboa or the Laotian Kip?
The Laotian Kip is the larger unit: 1 PAB equals only 4.62332380124e-05 LAK.