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AUD to LAK - Compare Exchange Rates

Australian Dollar to Laotian Kip - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD to LAK interbank exchange rate = 6063.8777

Right now the AUD/LAK interbank exchange rate is 6063.8777. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Laotian Kip to Australian Dollar.

Looking for LAK travel money? Then it is important to note that the Laotian Kip is a closed currency. Which means that you will not be able to purchase the currency before departure and will need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees - Compare Travel Cards

This AUD/LAK Converter calculates equivalent Australian Dollar to Laotian Kip amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / LAK converter & margin calculator


$AUD
₭LAK
Mid-rates:
 
Sending AUD->LAK we recommend:

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1 Week AUD to LAK
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Australian Dollar

Laotian Kip

1 AUD 6,063.88 LAK
5 AUD 30,319.39 LAK
10 AUD 60,638.78 LAK
20 AUD 121,277.55 LAK
50 AUD 303,193.89 LAK
100 AUD 606,387.77 LAK
250 AUD 1,515,969.43 LAK
500 AUD 3,031,938.85 LAK
1,000 AUD 6,063,877.70 LAK
2,000 AUD 12,127,755.40 LAK
5,000 AUD 30,319,388.50 LAK
10,000 AUD 60,638,777.00 LAK
50,000 AUD 303,193,885.00 LAK
100,000 AUD 606,387,770.00 LAK
See more

Australian Dollar

Laotian Kip

0.0002 AUD 1 LAK
0.0008 AUD 5 LAK
0.0017 AUD 10 LAK
0.0033 AUD 20 LAK
0.0083 AUD 50 LAK
0.0165 AUD 100 LAK
0.0413 AUD 250 LAK
0.0825 AUD 500 LAK
0.1650 AUD 1,000 LAK
0.3300 AUD 2,000 LAK
0.8250 AUD 5,000 LAK
1.6500 AUD 10,000 LAK
8.2500 AUD 50,000 LAK
16.50 AUD 100,000 LAK
See more

LAK Country Guides
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Australian Dollar to Laotian Kip (AUD-LAK) - 10 Year History

The below table shows the historic variation in the AUD/LAK exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Mar 20196098.8294Latest
12 Mar 20196065.10931 Week+0.56%
17 Feb 20196131.02031 Month-0.53%
20 Sep 20186207.61916 Months-1.75%
19 Mar 20186394.53081 Year-4.62%
19 Mar 20176326.47612 Years-3.6%
20 Mar 20147265.64405 Years-16.06%
21 Mar 20095894.012510 Years+3.47%

Why can't I just get the AUD/LAK market rate I see on Google or in the Media?

The AUD/LAK mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / LAK was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/LAK midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to LAK exchange rate

  1. Know the latest AUD/LAK market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Laotian Kip

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs LAK, you should pay attention to both Australian Dollar and Laotian Kip news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Laotian Kip (LAK) - Market news and forecasts

No recent Laotian Kip market updates.

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