So, the first thing you need to know before traveling to Laos is the currency they use. The official currency in Laos is called Kip / Laotian Kip or LAK. They have the following banknotes 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000 and 100,000 Kip. Other foreign currencies are also used for commerce like Thai Baht and US Dollar.

ESTIMATED CONVERSION
Lao kip to Thai Baht 2019
500kip = 2baht
1,000kip = 3.50baht
2,000kip = 7baht
5,000kip = 18baht
10,000kip = 37baht
20,000kip = 74baht
50,000kip = 185baht
100,000kip = 370baht

US Dollar to Lao Kip
1USD = 8,656kip
5USD = 43,276kip
10USD = 86,551kip

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