Money and Exchange
Currency and Exchange Service
The Kip is the official currency of Laos. The bank notes are presently in denominations of 20, 50, 100, 500 and 1,000 Kip.
All major currencies such as the US Dollar, Euro, Yen, Baht and others can be exchanged at banks that are located in all major towns. In Luang Prabang and Vientiane competitive rates are offered by numerous authorized private exchange bureaus. One exchange facility is available at Wattay Airport in Vientiane.
Exchange bureaus and banks will cash traveler cheques in major currencies. Furthermore, most domestic and foreign banks in Vientiane allow cash withdrawals on Visa credit card or Master Card. In Vientiane, credit cards can be used in many restaurants and hotels, too. In case of journeys to remote areas it is, of course, advisable to take a good supply of Kip with you. Please visit Bank of the Lao P.D. R for a listing of banks throughout Laos.