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USD to LAK - Compare Exchange Rates

United States 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.

 

USD to LAK mid-rate = 8585

Right now the USD/LAK market mid-rate is 8585 and represents ideally how many Laotian Kip you can get for one United States 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 USD/LAK Converter calculates equivalent United States Dollar to Laotian Kip amounts at the market mid-rate:

USD / LAK mid-rate converter


$USD


₭LAK
1 United States Dollar equals
8585 Laotian Kip

Compare how much you can save on
USD/LAK exchange rates for:

Foreign Transfers

 
 
1 Week USD to LAK Chart
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Sending to LAK we recommend: WorldRemit WorldRemit

United States Dollar

Laotian Kip

1 USD 8,585.00 LAK
5 USD 42,925.00 LAK
10 USD 85,850.00 LAK
20 USD 171,700.00 LAK
50 USD 429,250.00 LAK
100 USD 858,500.00 LAK
250 USD 2,146,250.00 LAK
500 USD 4,292,500.00 LAK
1,000 USD 8,585,000.00 LAK
2,000 USD 17,170,000.00 LAK
5,000 USD 42,925,000.00 LAK
10,000 USD 85,850,000.00 LAK
50,000 USD 429,250,000.00 LAK
100,000 USD 858,500,000.00 LAK
See more

United States Dollar

Laotian Kip

0.0001 USD 1 LAK
0.0006 USD 5 LAK
0.0012 USD 10 LAK
0.0023 USD 20 LAK
0.0058 USD 50 LAK
0.0116 USD 100 LAK
0.0290 USD 250 LAK
0.0580 USD 500 LAK
0.1160 USD 1,000 LAK
0.2320 USD 2,000 LAK
0.5800 USD 5,000 LAK
1.1600 USD 10,000 LAK
5.8000 USD 50,000 LAK
11.60 USD 100,000 LAK
See more

LAK Country Guides
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United States Dollar to Laotian Kip (USD-LAK) - 10 Year History

The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
20 Feb 20198585.0000Latest
13 Feb 20198574.37841 Week+0.12%
21 Jan 20198565.81361 Month+0.22%
24 Aug 20188484.66636 Months+1.18%
20 Feb 20188300.00001 Year+3.43%
20 Feb 20178109.73532 Years+5.86%
21 Feb 20148021.36175 Years+7.03%
22 Feb 20098513.025710 Years+0.85%

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

The USD/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 USD / 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 USD/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 USD to LAK exchange rate

  1. Know the latest USD/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 United States 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 USD vs LAK, you should pay attention to both United States Dollar and Laotian Kip news and forecasts.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Laotian Kip (LAK) - Market news and forecasts

No recent Laotian Kip market updates.

Currency News and Forecasts - United States Dollar

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets