1,000 Laotian Kip Exchange Philippine Peso
Convert LAK to PHP at the actual exchange rate
Amount
Convert to
₭1.000 LAK = ₱0.00264 PHP
07:20 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 KipExchangePhilippine PesoCurrency conversion table | |
---|---|
1 LAK | 0.00264 PHP |
5 LAK | 0.01320 PHP |
10 LAK | 0.02640 PHP |
20 LAK | 0.05280 PHP |
50 LAK | 0.13200 PHP |
100 LAK | 0.26400 PHP |
250 LAK | 0.66000 PHP |
500 LAK | 1.32000 PHP |
1000 LAK | 2.64000 PHP |
2000 LAK | 5.28000 PHP |
5000 LAK | 13.20000 PHP |
10000 LAK | 26.40000 PHP |
Philippine PesoExchangeLaotian KipCurrency conversion table | |
---|---|
1 LAK | 378.78788 PHP |
5 LAK | 1,893.93939 PHP |
10 LAK | 3,787.87879 PHP |
20 LAK | 7,575.75758 PHP |
50 LAK | 18,939.39394 PHP |
100 LAK | 37,878.78788 PHP |
250 LAK | 94,696.96970 PHP |
500 LAK | 189,393.93939 PHP |
1000 LAK | 378,787.87879 PHP |
2000 LAK | 757,575.75758 PHP |
5000 LAK | 1,893,939.39394 PHP |
10000 LAK | 3,787,878.78788 PHP |
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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.