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The kip is the official currency of the Lao PDR. Notes are in denominations of 50,000;20,000; 10,000; 5000; 2000; 1000; 500; 100; 50; 20; 10; 5 and 1. The smaller denominations are not in common use. Coins have negligible purchasing power and are being withdrawn from circulation.
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Latest Exchange Rates
Exchange rates of August 8 2007
Currencies |
Buying Lao kip |
Selling Lao kip |
1 US dollar
1 Thai baht
1 Euro (50-500)
1 UK pound
1 Japanese yen
1 Canada dollar
1 Australian dollar
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9,539
284
12,630
18,390
76
8,859
7,974
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9,598
286
13,585
19,977
81
9,665
8,568
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Remark: Selling foreign currencies is allowed only at the banks and branches, but not at service units.
Source: Banque Pour Le Commerce Exterieur Lao. |

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