1000 Laotian Kip to US Dollar | Bank

The Laotian Kip (LAK) is the official currency of Laos. It is issued by the Bank of the Lao PDR and has been in circulation since 1979, replacing the previous Pathet Lao Kip.

The US dollar (USD) is the official currency of the United States of America (USA). It is the most widely used currency in international transactions and is the world's reserve currency. The US dollar is issued by the Federal Reserve System (Fed) and is divided into 100 cents. It is known for its stability and global influence in the financial markets.