What is the
WorldRemit Send Money conversion rate for USD to LAK?
The WorldRemit USD to LAK exchange rate is 21051.74. This is - compared to the latest USD-LAK mid-market rate 21,569.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Laotian kip (LAK) rates from different sources before making a conversion.
The above
WorldRemit - Dollar to Kip comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest USD-LAK mid-rate and the possible savings of using various providers.
How do WorldRemit USD-LAK rates compare between providers?
Looking at the full
USD to LAK - Send Money comparison table the provider with the best USD to LAK exchange rate is Wise at 21429.2.
The next best is WorldRemit at 21051.74.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like WorldRemit or platforms that offer rates closer to the mid-market rate.