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laotian monetary unit

 

Definitions from WordNet

Noun laotian monetary unit has 1 sense
  1. Laotian monetary unit - monetary unit in Laos
    --1 is a kind of
    monetary unit
    --1 has particulars: kip; at

Definitions from the Web

Laotian Monetary Unit

Laotian Monetary Unit refers to the official currency of Laos, the currency used in financial transactions within the country.

Sense 1: Currency Name

As a noun, the term "Laotian Monetary Unit" is used to describe the basic unit of currency in Laos, which is called the Lao Kip (LAK). It is denoted by the symbol "₭".

Sample sentence: The Laotian Monetary Unit, the Lao Kip, is the primary currency used in everyday transactions in Laos.

Sense 2: Monetary System

As a noun, "Laotian Monetary Unit" can also refer to the overall monetary system of Laos, including its banking infrastructure, currency exchange rates, and financial policies.

Sample sentence: The stability of the Laotian Monetary Unit is crucial for the economic growth of Laos.

Sense 3: Conversion

As a verb, "Laotian Monetary Unit" can be used to describe the act of converting one currency into another, specifically from the Laotian Kip to another currency.

Sample sentence: I need to laotian monetary unit from US dollars to Lao Kip before my trip to Laos.

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