Convert Lao Kip to Bangladeshi Taka
Instantly convert Lao Kip (₭) to Bangladeshi Taka (৳) with our free online calculator.
Reference Table
| Lao Kip (₭) | Bangladeshi Taka (৳) |
|---|---|
| 1 | 1 |
| 5 | 5 |
| 10 | 10 |
| 50 | 50 |
| 100 | 100 |
| 1000 | 1000 |
How to Convert Lao Kip to Bangladeshi Taka
Live Exchange Rate Conversion
Convert Lao Kip (₭) to Bangladeshi Taka (৳) using live exchange rates updated hourly. The rate reflects the current mid-market price — the most accurate reference for currency comparison.
Step-by-Step
- Open the ₭ to ৳ converter above.
- Enter the amount you want to convert in the ₭ (Lao Kip) input field.
- The converter fetches the latest exchange rate and instantly shows the equivalent value in ৳ (Bangladeshi Taka).
- Use the swap button to reverse the conversion direction if needed.
About Lao Kip (₭)
The Lao Kip (LAK, ISO 4217 code 418, symbol ₭ or LAK) is the official currency of the Lao People's Democratic Republic (Laos), issued by the Bank of the Lao PDR (BOL, est. 1968 in its modern form, est. 1976 after the Pathet Lao victory). Subdivided into 100 att (no longer in practical circulation due to inflation). Banknotes: ₭500, ₭1,000, ₭2,000, ₭5,000, ₭10,000, ₭20,000, ₭50,000, ₭100,000 (the highest denomination, introduced 2020; current series features Kaysone Phomvihane — the founder of the Lao PDR — portrait on all denominations and Lao landmarks including the That Luang Stupa, Patuxai Victory Monument in Vientiane, and Wat Phu Champasak UNESCO site). The 100,000 kip note was introduced 2020 to address inflation — at typical exchange rates (~₭22,000 per USD pre-2022, ~₭21,500 per USD), it's worth ~$5. Coins are not in active circulation. Laos is one of the world's last remaining one-party communist states (Lao People's Revolutionary Party in power continuously since 1975) and one of Southeast Asia's poorest economies (~$20B GDP, ~7.5 million population). Major exports include hydroelectricity to Thailand + Vietnam + Cambodia, copper, gold, rubber, coffee, timber, and increasingly Chinese-built railways.
About Bangladeshi Taka (৳)
The Bangladeshi Taka (BDT, ISO 4217 code 050, symbol ৳) is the official currency of the People's Republic of Bangladesh, issued by Bangladesh Bank (BB, est. 1971). Subdivided into 100 poisha (no longer in widespread use). Banknotes: ৳2, ৳5, ৳10, ৳20, ৳50, ৳100, ৳200 (introduced 2020 commemorating Mujib Year — the 100th birth anniversary of Sheikh Mujibur Rahman, founding father of Bangladesh), ৳500, ৳1,000 (the highest denomination; current series features Sheikh Mujibur Rahman portrait and Bangladeshi cultural/historical themes); coins: ৳1, ৳2, ৳5. Bangladesh is the world's 8th-most-populous country (~170 million) and the 35th-largest economy by nominal GDP (~$460B in 2024 per IMF WEO). The economy is dominated by ready-made garments — Bangladesh is the world's #2 RMG exporter after China (~$45B/year, ~84% of total exports), supplying H&M, Walmart, Zara, Levi's, Gap, Target, and most major Western brands. Other major exports: leather goods, frozen fish/shrimp, jute. BB targets 5.5% CPI inflation. The taka was pegged to USD until 2003, then transitioned to a managed-float regime. Inflation reached 9-10% in 2022-2023 amid Russia-Ukraine commodity-price shock.
Quick Facts
- Lao Kip (₭) is a currency unit
- Bangladeshi Taka (৳) is a currency unit
- Exchange rates are updated hourly from live market data
- Rates shown are mid-market (interbank) rates
- This conversion is commonly used in international travel, online shopping, and business transactions
- Use the swap button to convert ৳ back to ₭
Understanding Lao Kip
The Lao Kip (symbol: ₭) is a unit of currency. The Lao Kip (LAK, ISO 4217 code 418, symbol ₭ or LAK) is the official currency of the Lao People's Democratic Republic (Laos), issued by the Bank of the Lao PDR (BOL, est. 1968 in its modern form, est. 1976 after the Pathet Lao victory). Subdivided into 100 att (no longer in practical circulation due to inflation). Banknotes: ₭500, ₭1,000, ₭2,000, ₭5,000, ₭10,000, ₭20,000, ₭50,000, ₭100,000 (the highest denomination, introduced 2020; current series features Kaysone Phomvihane — the founder of the Lao PDR — portrait on all denominations and Lao landmarks including the That Luang Stupa, Patuxai Victory Monument in Vientiane, and Wat Phu Champasak UNESCO site). The 100,000 kip note was introduced 2020 to address inflation — at typical exchange rates (~₭22,000 per USD pre-2022, ~₭21,500 per USD), it's worth ~$5. Coins are not in active circulation. Laos is one of the world's last remaining one-party communist states (Lao People's Revolutionary Party in power continuously since 1975) and one of Southeast Asia's poorest economies (~$20B GDP, ~7.5 million population). Major exports include hydroelectricity to Thailand + Vietnam + Cambodia, copper, gold, rubber, coffee, timber, and increasingly Chinese-built railways.
Lao Kip are commonly used in international travel, online shopping, and business transactions.
Understanding Bangladeshi Taka
The Bangladeshi Taka (symbol: ৳) is a unit of currency. The Bangladeshi Taka (BDT, ISO 4217 code 050, symbol ৳) is the official currency of the People's Republic of Bangladesh, issued by Bangladesh Bank (BB, est. 1971). Subdivided into 100 poisha (no longer in widespread use). Banknotes: ৳2, ৳5, ৳10, ৳20, ৳50, ৳100, ৳200 (introduced 2020 commemorating Mujib Year — the 100th birth anniversary of Sheikh Mujibur Rahman, founding father of Bangladesh), ৳500, ৳1,000 (the highest denomination; current series features Sheikh Mujibur Rahman portrait and Bangladeshi cultural/historical themes); coins: ৳1, ৳2, ৳5. Bangladesh is the world's 8th-most-populous country (~170 million) and the 35th-largest economy by nominal GDP (~$460B in 2024 per IMF WEO). The economy is dominated by ready-made garments — Bangladesh is the world's #2 RMG exporter after China (~$45B/year, ~84% of total exports), supplying H&M, Walmart, Zara, Levi's, Gap, Target, and most major Western brands. Other major exports: leather goods, frozen fish/shrimp, jute. BB targets 5.5% CPI inflation. The taka was pegged to USD until 2003, then transitioned to a managed-float regime. Inflation reached 9-10% in 2022-2023 amid Russia-Ukraine commodity-price shock.
Bangladeshi Taka are commonly used in international travel, online shopping, and business transactions.
Why Convert Lao Kip to Bangladeshi Taka?
When travelling abroad, shopping from international retailers, or managing cross-border business payments, converting between Lao Kip and Bangladeshi Taka is an everyday necessity. Freelancers invoicing international clients, investors monitoring foreign markets, and students comparing cost-of-living data all benefit from instant, accurate currency conversion with live exchange rates.
Frequently Asked Questions
How do I convert Lao Kip to Bangladeshi Taka?
Enter any ₭ amount in the converter above. It automatically fetches the latest exchange rate and instantly calculates the equivalent ৳ value. No manual calculation is needed.
How often is the ₭/৳ exchange rate updated?
MegaCalc updates currency exchange rates hourly from live market data. The rate displayed reflects the current mid-market rate at the time of conversion.
What is the mid-market ₭/৳ exchange rate?
The mid-market rate is the midpoint between the buy and sell prices on the global foreign exchange market. It is the most accurate reference rate for comparing currencies. Banks and exchange services add a spread on top of this rate, so the rate you receive at a bank or airport will differ slightly.
Can I convert ৳ back to ₭?
Yes. Use the swap button on the converter to reverse the conversion direction and calculate ৳ to ₭ instantly at the current exchange rate.
Why do I need to convert Lao Kip to Bangladeshi Taka?
₭ to ৳ conversions are needed for international travel, online shopping from foreign retailers, cross-border business payments, and comparing prices or costs across countries. Investors and freelancers working with multiple currencies also rely on accurate exchange rate data for financial planning.