1000 Laotian Kip Exchange Philippine Peso
Convert LAK to PHP at the actual exchange rate
₭1.000 LAK = ₱0.00269 PHP
06:01 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 KipExchangePhilippine PesoCurrency conversion table | |
---|---|
1 LAK | 0.00269 PHP |
5 LAK | 0.01345 PHP |
10 LAK | 0.02690 PHP |
20 LAK | 0.05380 PHP |
50 LAK | 0.13450 PHP |
100 LAK | 0.26900 PHP |
250 LAK | 0.67250 PHP |
500 LAK | 1.34500 PHP |
1000 LAK | 2.69000 PHP |
2000 LAK | 5.38000 PHP |
5000 LAK | 13.45000 PHP |
10000 LAK | 26.90000 PHP |
Philippine PesoExchangeLaotian KipCurrency conversion table | |
---|---|
1 LAK | 371.74721 PHP |
5 LAK | 1,858.73606 PHP |
10 LAK | 3,717.47212 PHP |
20 LAK | 7,434.94424 PHP |
50 LAK | 18,587.36059 PHP |
100 LAK | 37,174.72119 PHP |
250 LAK | 92,936.80297 PHP |
500 LAK | 185,873.60595 PHP |
1000 LAK | 371,747.21190 PHP |
2000 LAK | 743,494.42379 PHP |
5000 LAK | 1,858,736.05948 PHP |
10000 LAK | 3,717,472.11896 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.