Lao Kip
(LAK) Insights
Currency of landlocked SE Asian country; hydropower exports to Thailand and China; copper and gold mining; significant debt crisis (2022–2023) with Chinese creditors; 70% of external debt to China; Belt and Road railway opened 2021; tourism growing
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LAK Live Converter
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Currency Snapshot
Technical specifications, central bank governance, and market standing for Lao Kip.
LAK
Standardized ISO 4217 Currency Code
₭
Unicode Glyphs & Display Symbol
1/100 = Att (not in use) Decimals
Subdivision unit definition
Laos
Bank of the Lao PDR (BOL)
Bank of the Lao PDR (BOL)
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Market-determined exchange rate mechanism
Currency Standard: Fiat (managed, heavily dollarised)
Classified as Fiat (managed, heavily dollarised) in global trade networks
Banknotes
₭ 1
Coins
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Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Lao Kip, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Bank of the Lao PDR (BOL).
LAK Market Insights
Deep-dive analysis of the Lao Kip's global impact, remittance role, and institutional influence.
Strong Currency Impact
Cheaper imports; lower hydropower revenues; lower inflation (when possible)
Weak Currency Impact
Higher hydropower revenues; higher import costs; inflation pressure (severe 2022–2023)
Remittance Role
Laos receives growing remittances from workers in Thailand (~$350 million/year); Chinese investment flows significant
Central Bank Tools
Policy Rate, Reserve Requirements, FX interventions
Common Questions About Lao Kip
Everything you need to know about LAK exchange rates, banknotes, and historical significance.