1,000 Laotian Kip Exchange Malaysian Ringgit
Convert LAK to MYR at the actual exchange rate
Amount
Convert to
₭1.000 LAK = RM0.00020 MYR
16:10 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 KipExchangeMalaysian RinggitCurrency conversion table | |
---|---|
1 LAK | 0.00020 MYR |
5 LAK | 0.00100 MYR |
10 LAK | 0.00200 MYR |
20 LAK | 0.00400 MYR |
50 LAK | 0.01000 MYR |
100 LAK | 0.02000 MYR |
250 LAK | 0.05000 MYR |
500 LAK | 0.10000 MYR |
1000 LAK | 0.20000 MYR |
2000 LAK | 0.40000 MYR |
5000 LAK | 1.00000 MYR |
10000 LAK | 2.00000 MYR |
Malaysian RinggitExchangeLaotian KipCurrency conversion table | |
---|---|
1 LAK | 5,000.00000 MYR |
5 LAK | 25,000.00000 MYR |
10 LAK | 50,000.00000 MYR |
20 LAK | 100,000.00000 MYR |
50 LAK | 250,000.00000 MYR |
100 LAK | 500,000.00000 MYR |
250 LAK | 1,250,000.00000 MYR |
500 LAK | 2,500,000.00000 MYR |
1000 LAK | 5,000,000.00000 MYR |
2000 LAK | 10,000,000.00000 MYR |
5000 LAK | 25,000,000.00000 MYR |
10000 LAK | 50,000,000.00000 MYR |
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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.