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LAK / ZAR
Live market data
Kip / South African Rand
0.000739
ZAR
Updated 14 mins ago
Graph
Description
The kip is the official currency of Laos, introduced in 1952 to replace the French Indochinese piastre. It is issued by the Bank of the Lao P.D.R., carries the symbol ₭ and is subdivided into 100 att, although att coins have not been minted since the 1980s and are effectively obsolete.
The kip is used for all domestic transactions, with banknotes ranging from 1,000 to 100,000 kip. Because the currency is not widely traded internationally, its value is often quoted against the US dollar. A quirky note: the Lao word “kip” also means “mountain,” and the banknotes showcase national landmarks such as Pha That Luang and the Mekong River.
Key Facts
| Market Code | LAK | |
| Currency Name | Kip | |
| Native Name | ກີບ | |
| Country | Laos | |
| Country Code | LA | |
| Demonym | Laotian | |
| Sub-unit | att (1/100 kip, no longer used) | |
| Languages Spoken | Lao, French | |
| Symbol | ₭ | |
| Issuer | Bank of the Lao P.D.R. |
| Current Price | 0.000739 ZAR |
| 24h Ago Price | 0.000742 ZAR |
| 24h Change | -0.37% |
| Day Range | — |
| Year Range | — |
| YTD Change | — |
| Volatility | — |
| Previous Close | — |
| Open | — |
| Last Updated | 7 October 2026, 06:00:03 |
