Laos Exchange Rates and Real Effective Exchange Rates
Laos LA: DEC Alternative Conversion Factor: per USD
LA: DEC Alternative Conversion Factor: per USD data was reported at 8,351.530 LAK/USD in 2017. This records an increase from the previous number of 8,179.268 LAK/USD for 2016. LA: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 487.514 LAK/USD from Dec 1960 to 2017, with 58 observations. The data reached an all-time high of 10,655.167 LAK/USD in 2005 and a record low of 0.120 LAK/USD in 1971. LA: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
| Last | Frequency | Range |
|---|---|---|
| 8,179.27 2016 | yearly | 1960 - 2016 |
View Laos's Laos LA: DEC Alternative Conversion Factor: per USD from 1960 to 2016 in the chart:
Laos LA: Official Exchange Rate: Average: per USD
LA: Official Exchange Rate: Average: per USD data was reported at 8,351.526 LAK/USD in 2017. This records an increase from the previous number of 8,179.268 LAK/USD for 2016. LA: Official Exchange Rate: Average: per USD data is updated yearly, averaging 651.042 LAK/USD from Dec 1960 to 2017, with 58 observations. The data reached an all-time high of 10,655.167 LAK/USD in 2005 and a record low of 10.000 LAK/USD in 1980. LA: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).; ; International Monetary Fund, International Financial Statistics.; ;
| Last | Frequency | Range |
|---|---|---|
| 8,351.53 2017 | yearly | 1960 - 2017 |