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USD to LAK Calculator

United States Dollar to Laotian Kip - Convert Compare Save

USD to LAK mid-rate = 8530

Right now the USD/LAK market mid-rate is 8530 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

You can calculate equivalent United States Dollar to Laotian Kip currency amounts (at mid-rate) below.

USD / LAK Converter


$USD


₭LAK
1 United States Dollar equals
8530 Laotian Kip

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

Foreign Transfers

 
 
3 Month USD to LAK Chart
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Sending to LAK we recommend: WorldRemit WorldRemit

United States Dollar

Laotian Kip

1 USD 8,530.00 LAK
5 USD 42,650.00 LAK
10 USD 85,300.00 LAK
20 USD 170,600.00 LAK
50 USD 426,500.00 LAK
100 USD 853,000.00 LAK
250 USD 2,132,500.00 LAK
500 USD 4,265,000.00 LAK
1,000 USD 8,530,000.00 LAK
2,000 USD 17,060,000.00 LAK
5,000 USD 42,650,000.00 LAK
10,000 USD 85,300,000.00 LAK
50,000 USD 426,500,000.00 LAK
100,000 USD 853,000,000.00 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
0.0059 USD 50 LAK
0.0117 USD 100 LAK
0.0293 USD 250 LAK
0.0585 USD 500 LAK
0.1170 USD 1,000 LAK
0.2340 USD 2,000 LAK
0.5850 USD 5,000 LAK
1.1700 USD 10,000 LAK
5.8500 USD 50,000 LAK
11.70 USD 100,000 LAK
See more

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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
16 Dec 20188535.0000Latest
09 Dec 20188550.68231 Week-0.18%
16 Nov 20188550.00001 Month-0.18%
19 Jun 20188416.00006 Months+1.41%
16 Dec 20178361.20001 Year+2.08%
16 Dec 20168213.99492 Years+3.91%
17 Dec 20138000.26505 Years+6.68%
18 Dec 20088513.105610 Years+0.26%

Best Rates for USD/LAK Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.


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

14-December-18: Against a basket of currencies, the US dollar struck an 18-month high in mid-December after negative political and economic developments weighed on rest-of-the-world currencies. At the time of writing, the dollar was showing trade-weighted appreciation of 6 percent for 2018 and was on course to gain in 10 of the year’s 12 months.

The dollar had strengthened to levels near $1.13 against the euro, which suffered due to disappointing eurozone economic data and Brexit-related uncertainties.

Brexit allowed the dollar to gain handsomely against the pound in 2018. On December-11, GBP/USD traded below 1.25 for the first time since early 2017.

The economic slowdown in China has also helped the dollar by creating safe haven flows into the US. The dollar has yet to reach the magic 7-yuan level but remains close to it, at levels near 6.9.

For 2019, JP Morgan and Morgan Stanley are both bearish the greenback. The banks remain skeptical over future Fed interest rate hikes and point to a possible US economic downturn in the second half of the year.

Scotiabank is forecasting EUR/USD at $1.30 by 2019 year-end, indicating a potential 13 percent decline in the dollar’s buying power.

Laotian Kip (LAK) - Market news and forecasts

No recent Laotian Kip market updates.


 

Currency News and Forecasts - United States Dollar

US Dollar Strikes 18-Month High, Will Lose Value in 2019
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Pound at 20-Month Low After PM Cancels Big Brexit Vote; UK Prepares for No-...
Credit Agricole Rolls the Dice on British Pound, Is a Buyer Ahead of ...
Canadian Dollar the Star After Canada Adds 94k Jobs; Expect Bitcoin at $1,...
Canadian Dollar at Cheapest in 18 Months; Buy It Now Ahead of 2019 Rebound