"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.

Review Helpfulness: 3.5 out of 5 stars

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  • Written Jan 16, 2009
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