ISO 4217 currency code
LAK: Lao Kip
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LAK is the ISO 4217 code of the Lao Kip, used in Lao People’s Democratic Republic. Its numeric code is 418 and it has 2 decimals.
- Alphabetic code
- LAK
- Numeric code
- 418
- Minor units
- 2
- Type
- Currency
Where LAK is used
- Lao People’s Democratic Republic
LAK in financial messages
| Standard | How it is written | Example |
|---|---|---|
| Swift MT, field 32A | Value date, currency code and amount with a comma as the decimal mark and no separators | :32A:261022LAK1250,75 |
| ISO 20022 | The Ccy attribute of the amount element; a dot as the decimal mark | <IntrBkSttlmAmt Ccy="LAK">1250.75</IntrBkSttlmAmt> |
| FIX | Tag 15 Currency (and 120 SettlCurrency), with the amounts in their own tags | 15=LAK |
See how to read field 32A, the MT103 and pacs.008 pages, or paste a message into the parser to check its amounts against the currency.
Questions
- What is the currency code of the Lao Kip?
- LAK, with the numeric code 418 (ISO 4217).
- How many decimals does LAK have?
- 2. An amount in LAK can have up to 2 digits after the decimal mark.
- Which country uses LAK?
- Lao People’s Democratic Republic, according to ISO 4217 list one.
- What is currency code 418?
- 418 is the ISO 4217 numeric code of LAK (Lao Kip). Numeric codes are often the same as the ISO 3166 numeric code of the country.
GCC currencies
Source: ISO 4217 list one, published 17 September 2026 by SIX Group as the ISO 4217 maintenance agency. ISO is a trademark of the International Organization for Standardization; ZagTrader is not affiliated with ISO or SIX Group.