What is the best currency to take to Laos?

Navigating Currency in Laos: Tips for a Smooth Trip

When planning a trip to Laos, careful consideration should be given to the currency you bring to ensure a hassle-free experience. Here’s a comprehensive guide to help you make the right choice:

Primacy of US Dollars

The preferred currency for tourists in Laos is the US dollar. It is widely accepted throughout the country, making it the most convenient option for large purchases, such as hotel stays, tours, and restaurant meals.

Small Bills Essential

It’s important to bring US dollars in small bills, preferably denominations of $1, $5, and $10. This will make it easier to settle smaller transactions, which are often cash-based, such as street food purchases or local market souvenirs.

Supplementary Kip Currency

While the US dollar dominates in urban areas, the local currency, Lao Kip, is still used in rural regions. Having a small amount of Kip on hand can be helpful when venturing into smaller villages or interacting with local communities. However, Kip has no value outside of Laos, so it’s not necessary to carry large amounts.

Exchanging Currency

Exchange rates for US dollars to Lao Kip are typically favorable. You can exchange currency at banks, exchange bureaus, and even some local shops. Always ask for an official receipt to ensure a secure transaction and prevent any potential issues when exchanging remaining Kip before your departure.

Returning Remaining Kip

To avoid losing value, it’s advisable to exchange any leftover Kip before leaving Laos. This can be done at the same places where you originally exchanged. Having your exchange receipts will facilitate this process and ensure you get the most favorable rate.

Additional Tips

• Consider carrying a small amount of cash in both US dollars and Lao Kip for greater flexibility.
• Be cautious of counterfeit bills and exchange currency only at reputable establishments.
• ATMs are available in major cities, but they may not always accept foreign cards.
• Debit and credit cards are becoming more widely accepted but are still not as prevalent as cash.

By following these recommendations, you can ensure that currency matters won’t put a damper on your Laotian adventure.