Laos Currency to USD: Everything You Need to Know

The currency in Laos is the Lao kip, but if you're traveling from the US, you'll likely want to know the exchange rate to USD. The Lao kip has a floating exchange rate, which means its value can fluctuate constantly.

The exchange rate is typically around 9,000-10,000 Lao kip to 1 USD. However, this can vary depending on the current market conditions and the exchange rate at the time of your visit.

You can exchange your money for Lao kip at the airport, banks, or currency exchange offices. Some hotels and tourist areas may also offer exchange services, but be aware that the rates may not be as favorable as those at official exchange offices.

If this caught your attention, see: 1 Usd to Lao Kip

The Lao currency is known as the Lao kip (LAK). Over the last 30 days, the LAK to USD exchange rate has fluctuated between a high of $0.0000458732 and a low of $0.0000456448.

The average exchange rate during this period was $0.0000457679. This represents an overall change of +0.33%.

Here's a brief summary of the exchange rate changes:

The Lao currency, also known as the Lao kip, is a popular currency among travelers to Laos. It's the official currency of Laos and is widely accepted in the country.

The current exchange rate for the Lao kip to the US dollar is around $0.0000458. This rate has remained relatively stable over the past 30 days, with a high of $0.0000458732 and a low of $0.0000456448.

In the past 30 days, the LAK to USD exchange rate has fluctuated by +0.33%. This means that the value of the Lao kip has increased slightly compared to the US dollar over this period.

Here are the key statistics for the LAK to USD exchange rate over the past 30 days:

Over the past 90 days, the LAK to USD exchange rate has also been relatively stable, with a total change of +0.47%. This indicates that the value of the Lao kip has increased slightly compared to the US dollar over this longer period.

The Lao kip has a rich history that dates back to the 1950s. Before that, Laos was a French protectorate and used the Indochinese piastre as its official currency.

The Free Lao government started issuing the Free Lao kip in 1945, which was formally adopted as the national currency in 1952.

Other versions of the kip include the Royal kip, printed in France in the 1950s, and the Pathet Lao kip, printed in China in the 1960s.

In 1975, Laos became the Lao People's Democratic Republic, or Lao PDR, and the country transitioned to the Lao PDR kip issued by the central bank, or the Bank of the Lao PDR.

You can recognize the Lao kip by the letters LAK and the symbols ₭ or ₭N in any currency conversion tool that you use to check exchange rates.

Additional reading: Laos Currency to Inr

Converting Lao currency to USD is a straightforward process. You can use an online currency converter to get the current exchange rate.

To convert Lao kips to US dollars, simply type in the box how much you want to convert. Click on the dropdown to select LAK in the first dropdown as the currency you want to convert, and USD in the second dropdown as the currency you want to convert to.

The current exchange rate can be seen in the conversion chart, which shows data from January 16, 2024 to January 15, 2025. The average exchange rate over this period was 0.00004625 US Dollars per Lao Kip.

You can also check the high and low exchange rates over the past 30 and 90 days. For example, in the last 30 days, the LAK to USD exchange rate reached a high of 0.0000458732 and a low of 0.0000456448.

Here's a table showing the conversion rates for Lao kips to US dollars:

Converting US dollars to Lao kips is also possible, and the exchange rate is the inverse of the LAK to USD rate. For example, 1 USD is equivalent to 21,836 LAK.

Exchanging Lao Currency can be a bit tricky, but don't worry, I've got you covered. The Lao Kip is only used in Laos, so you'll need to exchange it back into your home currency before you leave.

Laos has a growing economy, but the value of the kip had dropped by around 30% as of early 2022. The World Bank expects the GDP to grow by 3.8% by the end of the year as the economy recovers.

You can exchange Lao Kips in your home country at a bank, but be sure to compare exchange rates from different banks to choose the one offering the best rates. Local banks in Laos are also a good option, with many available at the international airport or in major cities like Vientiane and Luang Prabang.

ATMs are now common throughout Laos, from airports to border crossings and in both large and small cities. You can withdraw money in Laotian Kips, with fees ranging from 1 to 5 USD depending on the bank.

The largest kip banknote is worth 100,000 kip, or almost 7 U.S. dollars. As of June 30, 2022, 1 USD equals 15,008 LAK.

Here are some options for exchanging Lao currency:

The best LAK to USD exchange rate today is 0.00004580 USD, as of January 16, 2025 02:15 PM UTC.

To convert Lao Kip to US Dollars, simply type in the amount you want to convert and use a currency converter. Our converter will show you the current LAK to USD rate and how it's changed over the past day, week or month.

The average exchange rate over the period from January 16, 2024 to January 15, 2025 was 0.00004625 US Dollars per Lao Kip.

You can also view the high and low exchange rates for the past 30 and 90 days. For example, in the last 30 days, the LAK to USD exchange rate reached a high of 0.0000458732 and a low of 0.0000456448.

Here's a breakdown of the conversion rates for various amounts of Lao Kip:

To give you a better idea of the conversion rates, here's a table showing the equivalent amounts of Lao Kip for various amounts of US Dollar:

Note that the highest LAK to USD exchange rate in the last year was 0.00004841 US Dollars per Lao Kip on January 19, 2024.