Laos Currency and Bank information

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Last updated : Nov 2007

Laos Currency

Lao Kip (Kip) = 100 cents. Notes are in denominations of Kip5,000, 2,000, 1,000, 500 and 100.

Currency exchange

US Dollars and Thai Baht are the easiest currencies to exchange. They are also widely accepted in markets, shops, restaurants and hotels in Vientiane and Luang Prabang.

Credit & debit cards

Major credit cards can be used in the more up market hotels and tourist-oriented restaurants. Contact your credit or debit card company for details of merchant acceptability and additional services which may be available.

Travellers cheques

Limited acceptance. To avoid exchange rate charges, travellers are strongly advised to bring travellers cheques in US Dollars or Thai Baht.

Exchange rate indicators

The below figures are provided as a guide to the movements of the Lao Kip against Sterling and the US Dollar:

Date	Oct'07
£1.00=	20,052.0
$1.00=	9,785.00

Currency restrictions

The import and export of local currency is not permitted. No restrictions are imposed on the import or export of foreign currency; however, amounts more than US$2,000 must be declared.

Banking hours

Banks are open Mon-Fri, from 8.00 am - 12.00 pm and from 1.30 - 5.30 pm.

Useful travel links
AMEX Travellers Cheques	American Express information
Laos Money	information about Laos’s money
Travellers Cheques Visa	Information on how to obtain visa
Universal Currency Converter	on line foreign exchange and currency
VISA ATM Locator	location of any ATMs that accept VISA cards