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Money Exchange in Laos

The local currency is the KIP. Notes come in denominations of 100, 500, 1.000, 2.000, 5.000, 10.000, 20.000 and 50.000 Kips.

laos-money-kip

The rate of exchange is currently approximately 8.000 Kip to one US Dollar and 10.000 Kip to one Euro.
If you have foreign currencies are better to change in bank or the exchange shop only,because you will get a good rate,please be aware that paying with another currency is illegal,also changing money on the street.
So that you can exchange your notes of most international currencies (Euro, Dollars, etc) with us, we are a licensed moneychanger.
Outside Vientiane, most provincial banks and licensed moneychangers accept only US Dollars, Thai Bahts and sometimes Euros.
Only major banks accept traveler’s cheques.
It is best to carry U.S Dollar or Euro bills in small denominations.
Credit cards are accepted only at major hotels and up-market shops and restaurants in Vientiane and Luang Prabang.
Please be aware that paying with another currency is illegal, also changing money on the street.

Laos Currency Exchange rate in Februari ’12
Laos- LAK (lao Kip)
8.000 LAK = US$ 1
50.000 LAK = US$ 6.25

ATM:
ATMs are comfortable for you in Vientiane,Vang Vieng and Luang Prabang.
Be aware that some tourist reported that their ATM card did not work within Laos.

Credit cards:
Major credit cards are accepted in the more upmarket hotels and restaurants only in Vientiane,Vang Vieng and Luang Prabang.