Lao Kip
LAKPrimary country: Laos
Symbol
₭
Decimal Places
2
ISO Numeric
418
Formatting Example
₭1,234,567
Usage in Code
// JavaScript Intl.NumberFormat
new Intl.NumberFormat('en', {
style: 'currency',
currency: 'LAK'
}).format(1234.56)
// → "₭1,234,567"
// ISO 4217 code: LAK
// Numeric code: 418
// Minor unit: 2 decimal placesAbout Lao Kip
The Lao Kip (LAK) is the official currency of Laos, identified by the ISO 4217 code "LAK" and numeric code 418. Its symbol is ₭, and amounts are typically formatted with 2 decimal places (e.g., ₭1,234,567).
In software development, currency codes are essential for e-commerce, financial applications, and internationalization. The JavaScript Intl.NumberFormat API supports formatting amounts in LAK with locale-aware separators and symbols. Payment processors like Stripe and PayPal require ISO 4217 currency codes when processing transactions.
When building multi-currency applications, store amounts in the smallest unit (e.g., cents for LAK) to avoid floating-point precision errors. Use the decimal places value (2) to correctly convert between major and minor units. APIs like exchangeratesapi.io and Open Exchange Rates provide real-time conversion rates for LAK.