Exchange Rate in Laos

Laos Exchange Rate | Economic News & Forecasts

Laos - Exchange Rate

The economy has likely grown at a brisk pace so far this year. Construction linked to the flagship Laos-China railway should be boosting investment. Moreover, tourist arrivals appeared to remain healthy in H1 thanks to the Visit Laos-China 2019 tourism campaign, although a decline in Korean visitors could have dampened tourism revenue. Turning to H2, in early September the Nam Ngiep hydropower plant started operations, while the Xayaburi hydropower dam is scheduled to come online in October, which should be a boon for energy exports; however, the government’s temporary suspension of new infrastructure projects, as a part of its fiscal consolidation efforts, could cap investment spending.

Laos - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)7,938  8,035  8,122  8,161  8,196  

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Laos Exchange Rate Chart

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

Laos Facts

Exchange Rate8,7950.31 %Sep 04

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