LAK to THB Exchange Rate - Convert Lao Kip to Thai Baht

Converting from Lao Kip (LAK) to Thai Baht (THB)

What is Lao Kip (LAK)

Lao Kip (LAK) is the official currency of Laos, a landlocked country in Southeast Asia. Launched in 1952, the Kip is subdivided into 100 att. The name "Kip" is derived from a traditional unit of measurement used by the Lao people. The currency symbol for Lao Kip is ₭, and its ISO code is LAK.

The Kip is used primarily within Laos and is essential for daily transactions, including purchasing goods and services, conducting business, and traveling within the country. However, due to Laos' geographical proximity to Thailand and the economic relationships between the two countries, Thai Baht is sometimes accepted in tourist areas. Despite this, using Lao Kip is crucial for transactions to ensure you receive the best value for your money, as exchange rates can vary significantly.

In recent years, the Lao government has worked to stabilize the Kip's value by limiting inflation and encouraging economic growth. However, like many emerging market currencies, the Kip is subject to fluctuations based on economic conditions, trade relations, and demand for foreign currencies.

What is Thai Baht (THB)

The Thai Baht (THB) is the official currency of Thailand, one of Southeast Asia's most popular travel destinations. The Baht has been in use since the late 19th century and is subdivided into 100 satang. The currency symbol is ฿, and its ISO code is THB.

The Thai Baht is a stable and widely accepted currency, both nationally and internationally. Its stability has made the Baht a favorite for tourists and businesses operating in Thailand. The Bank of Thailand, the country's central bank, plays a pivotal role in maintaining the currency's stability through various monetary policies and interventions in the foreign exchange markets.

For travelers, converting Lao Kip to Thai Baht is a common procedure, especially for those traveling between Laos and Thailand. The exchange rate between these two currencies can vary, so it's essential to be aware of current rates before making any conversions. This can help you maximize your funds.

To convert from Lao Kip (LAK) to Thai Baht (THB), you can use the formula:

THB = LAK × Exchange Rate

For example, if the exchange rate is 0.0045, converting 10,000 LAK to THB would look like this:

THB = 10,000 × 0.0045 = 45

In conclusion, understanding both Lao Kip and Thai Baht is crucial for travelers and businesses operating in these countries. Whether you're planning a visit or conducting transactions, being informed about currency exchange rates will help you manage your finances more effectively.

Lao Kip to Thai Baht conversion table

LAK to THB conversion table

Lao Kip (LAK)Thai Baht (THB)
1 LAK0.00161914887 THB
2 LAK0.00323829775 THB
3 LAK0.00485744662 THB
4 LAK0.0064765955 THB
5 LAK0.00809574437 THB
6 LAK0.00971489325 THB
7 LAK0.01133404212 THB
8 LAK0.01295319099 THB
9 LAK0.01457233987 THB
10 LAK0.01619148874 THB
100 LAK0.16191488742 THB
200 LAK0.32382977484 THB
300 LAK0.48574466225 THB
400 LAK0.64765954967 THB
500 LAK0.80957443709 THB
600 LAK0.97148932451 THB
700 LAK1.13340421193 THB
800 LAK1.29531909935 THB
900 LAK1.45723398676 THB
1 000 LAK1.61914887418 THB
2 000 LAK3.23829774836 THB
5 000 LAK8.09574437091 THB
10 000 LAK16.19148874182 THB
20 000 LAK32.38297748364 THB
50 000 LAK80.95744370909 THB
100 000 LAK161.91488741819 THB
Last updated May 9, 2025 at 09:55 AM