Exchange Rate in Laos

Laos Exchange Rate | Economic News & Forecasts

Laos - Exchange Rate

The coronavirus pandemic and associated containment measures likely took a considerable toll on the economy in the first half of the year, hitting the tourism, transport and services sectors. The health crisis also seemingly dealt a blow to the job market in H1, exacerbating poverty. In better news, the country keeps lifting restrictions, supported by favorable health conditions as no new cases of Covid-19 were reported for over three months. That said, rising dengue cases pose potential downside risks to the recovery ahead. On the political front, at the beginning of July the government announced it will push ahead with a hydropower project on the Mekong River as part of the administration’s investment push in the hydropower and infrastructure sectors. The announcement raised concerns from neighboring countries due to its impact on fisheries and farming downstream.

Laos - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)8,122  8,161  8,196  8,313  8,561  

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Laos Exchange Rate Chart

Laos Exchange Rate
Note: Lao kip (LAK) per U.S. dollar.
Source: Thomson Reuters.

Laos Facts

Value Change Date
Exchange Rate8,8850.31 %Jan 01

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