Laos: USD exchange rate

The currency chart for Laos shows historical data for the Laos Kips per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Laos Kips per USD. Depreciation implies that goods from Laos become cheaper to export and it becomes cheaper for foreigners to visit Laos.

The series for Laos are available from July 2009 to December 2024. For that period, the average exchange rate for Laos was 10282.1411 Laos Kips per USD with a minimum of 7665.759 Laos Kips per USD in May 2013 and a maximum of 22133.5411 Laos Kips per USD in July 2024. The most recent available data point is 21886.4337 Laos Kips per USD, a change of -0.33% from the previous data point of 21959.6516 Laos Kips per USD and a change of 5.95% from a year ago when the level was 20657.4905 Laos Kips per USD.

Currency values in Laos and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.