Lao Kip to US Dollar — exchange rate

You will find a currency converter from the LAK to the USD on this page. It is possible to convert any amount from Lao Kip to US Dollar (₭ to $) using Myfin currency converter at the live rates of 12:37 AM 10-07-2024.

Amount
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LAKLao Kip
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USDUS Dollar
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1 LAK = 0.00004505 USD

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To calculate the values for foreign currency conversions, we use the market exchange rates of 159 currencies of the world.

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LAKLao Kip

Country of Circulation: Lao People's Democratic Republic

Currency Code, Symbol: LAK, ₭

Denominations of coins in circulation: 10, 20, 50 att

Denominations of banknotes in circulation: 500, 1000, 2000, 5000, 10,000, 20,000, 50,000, 100,000 kip

History: The Lao kip (₭) is the national currency of Laos. The currency is not used for payment in other countries. The international currency exchange uses the LAK abbreviation.Formally, change coins are called att. However, due to inflation and low value, coins do not participate in real circulation.The currency gained a national status in 1955. It replaced an outdated currency – the Indochinese piastres. Despite its official status, the currency is not that popular in Laos. Usually it is used in two currencies exchange: the Thai baht and the American dollar ($).Read More

USDUS Dollar

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More

Historical data of the 1 Lao Kip to the US Dollar exchange rate

In the table you can find 1 Kip to Dollar exchange rate for the last week.

DateLAKUSDChange
Monday 10-07-2024 1 LAK 0.00004505 USD -
Sunday 10-06-2024 1 LAK 0.00004505 USD 0.0000000493
Saturday 10-05-2024 1 LAK 0.0000451 USD -
Friday 10-04-2024 1 LAK 0.0000451 USD 0.000000153
Thursday 10-03-2024 1 LAK 0.00004525 USD 0.0000000053
Wednesday 10-02-2024 1 LAK 0.00004526 USD 0.000000531
Tuesday 10-01-2024 1 LAK 0.00004579 USD -

1 LAK to USD chart

Contains historical rates for 1 Kip against Dollar for all the time.

1 Lao Kip to US Dollar stats

Last 30 DaysLast 5 Years
High0.000045790.00011335
Low0.000045020.000045
Average0.000045250.00008019

FAQ

  • LAK/USD – Lao Kip to US Dollar conversion

    Our LAK/USD currency converter allows instant conversion by live rates. Current value of 1 LAK equals 0.00004505 USD.
  • Lao Kip to US Dollar conversion

    We use quotation information as of 10-07-2024 12:37 AM ET to calculate the conversion rate of two currencies. Specified values are considered average but can match the rates of specific financial organizations. To get a result, you only need to:
    • indicate an amount of money to convert in the window with Lao Kips;
    • wait for automatic LAK to USD conversion.
    With the help of this tool, you can convert any amount of Lao Kips into US Dollars in a few seconds.
  • How has the dynamic of LAK to USD rate changed in the last week

    Here you can also find a chart with the Lao Kip rate fluctuations since 2015. In the last week, the pound to dollar conversion rate has changed by 0 USD or -1.6394%.
  • The dynamic of LAK to USD rate over the last month

    The monthly data of LAK to USD conversion rate dynamic helps to understand market trends better. LAK has moved by -0.261% or 0 USD.