laotian monetary unit Antonyms
No Synonyms and anytonyms found
Meaning of laotian monetary unit
Wordnet
laotian monetary unit (n)
monetary unit in Laos
laotian monetary unit Sentence Examples
- The Laotian monetary unit, the kip, is the official currency of Laos.
- The kip is subdivided into 100 att.
- The kip was introduced in 1955, replacing the piastre.
- The kip is pegged to the US dollar at a rate of 8,000 kip to 1 US dollar.
- The kip is a relatively stable currency, and its value has remained relatively stable in recent years.
- The kip is used for all transactions in Laos, including the purchase of goods and services, the payment of wages and salaries, and the repayment of loans.
- The kip is also used in some neighboring countries, such as Thailand and Vietnam.
- The kip is a popular currency among tourists, as it is relatively easy to obtain and can be used to purchase a variety of goods and services.
- The kip is also used in international trade, and is the currency of choice for many businesses that import and export goods from Laos.
- The kip is a valuable currency, and its stability has helped to promote economic growth in Laos.
FAQs About the word laotian monetary unit
monetary unit in Laos
No synonyms found.
No antonyms found.
The Laotian monetary unit, the kip, is the official currency of Laos.
The kip is subdivided into 100 att.
The kip was introduced in 1955, replacing the piastre.
The kip is pegged to the US dollar at a rate of 8,000 kip to 1 US dollar.
