"money matters in Laos" Laos Favorite Tip by seagypsy
Laos General: 153 reviews and 130 photos
Favorite thing: Some Lao banks such as BCEL and Lao Development will exchange A$ but many money exchange booths/kiosks or gold and jewelry shops won't. So it's best to have a combination of U$, Euros, or Thai bahts. With regards to TCs, Lao Development doesn't charge to exchange TCs into kip but BCEL charges nearly U$1 per TC regardless of the denomination of the TC so it's best to cash TCs in larger denominations.