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MONEY - CURRENCY
The official currency of Laos is the kip. Major travelers checks can be cashed at
banks. Credit cards are accepted in major hotels and a limited number of upscale
shopping establishments. ATMs accept Visa, Mastercard and several cards with inter-bank
access, and dispense kip notes. Thai baht and US dollars are generally accepted
in larger urban centers.
Currency
Lao Kip (LAK; symbol ₭) = 100 cents. Notes are in denominations of ₭50,000, 20,000, 10,000, 5,000, 2,000, 1,000, 500.
Currency Exchange
The best currencies to use when exchanging money are: US Dollars, Euros and Thai Baht. You can exchange your currency at the bank, airport, or at a foreign currency exchange office.
Credit/Debit Cards and ATMs
Major credit cards are accepted in the more upmarket hotels and restaurants only in Vientiane and Luang Prabang. ATMs are slowly being introduced, particularly in Vientiane, but do not rely on them.
Traveller's Cheques
Limited acceptance and often with a hefty commission charge. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Thai Baht.
Currency Restrictions
Restrictions apply.
Banking Hours
Mon-Fri 0830-1600. Some banks remain open during lunch
Lao Kip (LAK; symbol ₭) = 100 cents. Notes are in denominations of ₭50,000, 20,000, 10,000, 5,000, 2,000, 1,000, 500.
The best currencies to use when exchanging money are: US Dollars, Euros and Thai Baht. You can exchange your currency at the bank, airport, or at a foreign currency exchange office.
Major credit cards are accepted in the more upmarket hotels and restaurants only in Vientiane and Luang Prabang. ATMs are slowly being introduced, particularly in Vientiane, but do not rely on them.
Limited acceptance and often with a hefty commission charge. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Thai Baht.
Restrictions apply.
Mon-Fri 0830-1600. Some banks remain open during lunch
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