1,000 Laotian Kip Exchange Georgian Lari
Convert LAK to GEL at the actual exchange rate
Amount
Convert to
₭1.000 LAK = ₾0.00012 GEL
14:01 UTCMid-Market Rate
The Currency Converter provides exchange rate information and the latest news, and is not a currency trading platform. Any information displayed here is not financial advice.
Laotian KipExchangeGeorgian LariCurrency conversion table | |
---|---|
1 LAK | 0.00012 GEL |
5 LAK | 0.00060 GEL |
10 LAK | 0.00120 GEL |
20 LAK | 0.00240 GEL |
50 LAK | 0.00600 GEL |
100 LAK | 0.01200 GEL |
250 LAK | 0.03000 GEL |
500 LAK | 0.06000 GEL |
1000 LAK | 0.12000 GEL |
2000 LAK | 0.24000 GEL |
5000 LAK | 0.60000 GEL |
10000 LAK | 1.20000 GEL |
Georgian LariExchangeLaotian KipCurrency conversion table | |
---|---|
1 LAK | 8,333.33333 GEL |
5 LAK | 41,666.66667 GEL |
10 LAK | 83,333.33333 GEL |
20 LAK | 166,666.66667 GEL |
50 LAK | 416,666.66667 GEL |
100 LAK | 833,333.33333 GEL |
250 LAK | 2,083,333.33333 GEL |
500 LAK | 4,166,666.66667 GEL |
1000 LAK | 8,333,333.33333 GEL |
2000 LAK | 16,666,666.66667 GEL |
5000 LAK | 41,666,666.66667 GEL |
10000 LAK | 83,333,333.33333 GEL |
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FAQ
The Only Fair Exchange Rate: The Mid-Market Exchange Rate
Exchange rates don't have to be complicated. In fact, there's only one you need to worry about: the mid-market rate.
Banks and other providers set their own rates, so there is no universal rate. But in reality, there is a "real" rate. It's called the mid-market rate.
Generally speaking, bankers are willing to pay a certain price for a currency, and are willing to sell it for a certain price. The midpoint between these prices is the mid-market rate. Since this is the rate that the market naturally sets, it is the "truest" and fairest rate.