Children of Laos, Burma & Thailand

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Thailand and Laos (and Myanmar if I can manage it)

Hello, Sawatdee kaa and Sabai dee,

My next trip will be Thailand and Laos, and this is all about the before, the trip and the after - similar to my Malaysia/Cambodia blog. I am putting together from start to finish - tickets, do's and don'ts, tours, where to stay, places to see, things to do, as well as useful extras like transport, good places to eat, what to wear, climate, tourist traps, tricks and tips and whatever else I can think of that will be useful.

If you have any tips or advice, please, feel free to leave a comment and add your bit - whatever you think may be helpful or interesting.

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Wednesday, August 11, 2010

19. Laos Currency

Lao Kip:
Lao money is the Kip which is inconvertible outside Laos. Due to the instability and inflation. You'll find there are too many zeros and too many notes which aren't very pratical for travellers - you'd end up with a fistful and makes carrying large amounts of Kip inconvenient. A friend who lives in Laos said he had a huge suitcase full of Kip when he bought his house! You can use Thai Baht and US Dollars.

Currency Rate:
At the time of writing this (11 August), the actual currency rate is -
AUD $1.00 = 7,481.75 LAK
US $1.00 = 8,235.00 LAK
Thai Baht 1 = 257.880 LAK

Lao Kip (LAK; symbol ₭) = 100 cents. Notes are in denominations of ₭50,000, 20,000, 10,000, 5,000, 2,000, 1,000, 500, 100, 50, 10, 5 and 1. There are no coins.

Important Note:
a) You can't convert your kip back into dollars or baht when leaving Laos
b) You can't use up your kip at the duty-free shops, as they only accept US dollars and Thai baht.

Below are the most commonly used denominations.

Above: Kip - Smaller denominations

Above: Kip - larger denominations

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