Lao kip

in #currency5 years ago

Laotian Kip is the national currency with approx. exchange rate of 1 USD to Kip 8,000. 1 Euro to Kip 9,000. US Dollar and Thai Baht are commonly accepted as a method of payment. In the market, cash is expected and credit cards can only be used in a larger establishment. A surcharge of 3% is often added to the bill when the credit card is used for settlement. ATMs are available and dispense only local currency.

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