LAK to USD - Laotian Kip to US Dollar Converter
Convert Laotian Kip to US Dollar with daily ECB exchange rates
1 LAK = ~0.000047 USD (rates vary)
Quick Insight
LAK and USD usually move gradually with market conditions. For rough checks, expect small daily changes and always verify with live quotes for accuracy.
Watch policy updates from the Lao PDR bank and the US Fed; small shifts can affect large transfers.
Common LAK - USD Conversions
Forex Market Hours
Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.
Upcoming High Impact Events
These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.
Tips & Recommendations
- 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
- 2ATMs with local bank cards typically offer rates closer to mid-market rates
- 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
- 4Notifying your bank before travel can help prevent unexpected card blocks
Frequently Asked Questions
Economic Context
Trading Relationship
Laos and the United States engage in trade across agriculture, electricity exports, and manufactured goods. The LAK/USD rate influences Lao import costs and US buyers’ pricing for Lao products.
Key Rate Factors
- •Bank of the Lao PDR policy and money supply
- •US inflation trends and Federal Reserve policy
- •Laos' trade balance and commodity receipts
- •Political stability and external financing conditions
- •Global risk sentiment and safe-haven USD flows
Central Banks
Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.
Rates sourced from European Central Bank reference rates. ECB Reference Rates