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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 interbank exchange rate = 8611

Right now the USD/LAK interbank exchange rate is 8611. 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 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. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / LAK converter & margin calculator


$USD
₭LAK
Mid-rates:
 

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Sending USD->LAK we recommend:

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1 Week USD to LAK
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United States Dollar

Laotian Kip

1 USD 8,611.00 LAK
5 USD 43,055.00 LAK
10 USD 86,110.00 LAK
20 USD 172,220.00 LAK
50 USD 430,550.00 LAK
100 USD 861,100.00 LAK
250 USD 2,152,750.00 LAK
500 USD 4,305,500.00 LAK
1,000 USD 8,611,000.00 LAK
2,000 USD 17,222,000.00 LAK
5,000 USD 43,055,000.00 LAK
10,000 USD 86,110,000.00 LAK
50,000 USD 430,550,000.00 LAK
100,000 USD 861,100,000.00 LAK
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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
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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 Apr 20198611.0000Latest
13 Apr 20198679.13281 Week-0.79%
21 Mar 20198584.69391 Month+0.31%
22 Oct 20188531.86776 Months+0.93%
20 Apr 20188320.00001 Year+3.5%
20 Apr 20178235.35002 Years+4.56%
21 Apr 20148049.85005 Years+6.97%
22 Apr 20098551.906810 Years+0.69%

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

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Laotian Kip (LAK) - Market news and forecasts

No recent Laotian Kip market updates.