The 7 Biggest Currency Exchange Service in Luang Prabang

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Laos, a landlocked nation in Southeast Asia, has witnessed a significant increase in the demand for foreign exchange due to growing international trade and a booming旅游业.

In response to this demand, numerous Currency exchange Service has established their presence in Laos offering their services to individuals and businesses looking to exchange their local kip for foreign currencies and converse.

The five largest Currency exchange services in Laos are as follows:

  • Banque Pour Le Change du Lao – This is the central bank in Laos, responsible for regulating and issuing the country’s local fiat, the Lao Kip.
  • JDB (Lao) Bank – JDB (Lao) Bank is a joint-stock bank and one of the largest banks in Laos. It provides a range of financial services, including the purchase and sale of foreign currencies.
  • BCEL Lao – Bcel Lao is a leading bank in Laos offering a wide range of financial services to individuals and corporates. They have an extensive network of exchange service center across the nation.
  • Lao Development Bank – The Lao Development Bank is a state-own bank that plays a vital role in Laos’s economic development. It facilitates the exchange of currencies and provides other financial services.
  • Saigon Bank Lao – Saigon Bank Lao is a branch of Saigon Bank, a leading bank in Cambodia. It has a presence in the capital city, Vientiane and other major cities in Laos.

These facilities have established a strong presence and are renowned for delivering dependable exchange services to their clients. They ensure that the exchange processes are secure and compliant with local regulations, catering to the monetary exchange needs of both locals and international visitors.

Phongsavanh Bank in Luang Prabang
Phongsavanh Bank in Luang Prabang

The 7 Biggest Currency Exchange Service near Luang Prabang

Minipost Money Exchanger

  • Address: Luang Prabang, Laos
  • Map: Click here
  • Rating: 3.7 (68)
  • Phone: +856 71 260 736
  • Opening hours:
    Monday: 8:00 AM – 8:00 PM
    Tuesday: 8:00 AM – 8:00 PM
    Wednesday: 8:00 AM – 8:00 PM
    Thursday: 8:00 AM – 8:00 PM
    Friday: 8:00 AM – 8:00 PM
    Saturday: 8:00 AM – 8:00 PM
    Sunday: 8:00 AM – 8:00 PM
  • Reviews:
    Francisco Robles✭✭✭✭✭
    2 months ago
    Good exchange rate. We just changed euros to Kip at 22.000 Kips for 1€, while on XE the current rate is 22.196 Kips, that means around 1% without any further comission or fee
    David Sh
    2 months ago
    it seems they’re riding on their reputation but they were only offering 21500/1 usd when the exchange booth just down the road was offering 22500 and the hotels are charging 23000 (bank rate is about 20700 as of 19 november). i would shop around before using this booth.
    Charles Walker
    3 months ago
    Don’t go here. People will say it’s the best place in town but it’s the worst. The man spent ages looking at my notes and then claimed they are too old — they are fresh from the US… Definitely something dodgy going on here. I wouldn’t risk it. I found another exchange who were much much better.
    Connor✭✭✭✭✭
    2 months ago
    The best currency exchange rate I’ve ever gotten anywhere. 9% above current market rates with $100 USD bills (22,500 Kip per 1 USD)
    atishay jain✭✭✭✭✭
    5 years ago
    The best place for money exchange in Luang Prabang. We got USD to kip more than the live rate (after cross checked on Google).

    Location is really easy, situated on the main road near to the city center and easily visible from the main road. Highly recommended.

Money exchanger

  • Address: 27 Ounheun Rd, Luang Prabang, Laos
  • Map: Click here
  • Rating: 1.5 (2)
  • Reviews:
    Rafael Serrano
    in the last week
    Not real
    M M✭✭
    4 years ago
    The exchange rate is good in the center of Luang Prabang, but if you don’t count carefully, they will try to cheat you with bills that don’t have enough digits.

Phongsavanh Bank

  • Address: W529+G95, Luang Prabang, Laos
  • Map: Click here
  • Rating: 3 (1)

Phongsavanh Bank

  • Address: V49W+2HW, Luang Prabang, Laos
  • Map: Click here
  • Rating: 5 (2)

Western Union

  • Address: V4QM+QG4, Sisavangvong Road, Luang Prabang, Laos
  • Map: Click here
  • Rating: 2.8 (4)

Somchith mixay EXCHANGE MONEY

  • Address: V4MQ+272, Luang Prabang, Laos
  • Map: Click here
  • Rating:

MoneyGram

  • Address: V4JQ+G7P, Luang Prabang, Laos
  • Map: Click here
  • Rating:
Phongsavanh Bank in Luang Prabang
Phongsavanh Bank in Luang Prabang

Explore prominent consulting firms in neighboring countries, such as those referenced in Vientiane, Yogyakarta and Bali, to gain insights into the dynamic business landscape of ASEAN. These firms contribute to the region’s enterprise vibrancy, positioning Luang Prabang, Laos as a hub for strategic insights and innovative solutions.

Top Currency Exchange Service Alternatives in Luang Prabang

The kip (Lao: ກີບ, romanized: kib; code: LAK; sign: ₭ or ₭N; French: kip; officially: ເງີນກີບລາວ, lit. "currency Lao kip") is the currency of Laos since 1955. Historically, one kip was divided into 100 att (ອັດ) which are no longer in regular use.
The term derives from ກີບ kì:p, a Lao word meaning "ingot."

The Biggest Currency Exchange Service in Laos

When traveling to Luang Prabang, Laos, you may need to exchange your currency to the local currency, Laotian Kip (LAK). Fortunately, there are several reliable currency exchange services available in Luang Prabang. Here are the top three alternatives:

  • Lao Asian Exchange: Lao Asian Exchange is a popular currency exchange service in Luang Prabang. They offer competitive exchange rates and have multiple branches throughout the city. The staff is friendly and knowledgeable, ensuring a smooth and hassle-free exchange process. They accept a wide range of currencies, including US dollars, euros, Thai baht, and more.
  • Lao Interbank Currency Exchange: Lao Interbank Currency Exchange is another reputable option in Luang Prabang. This exchange service is operated by the Bank of the Lao P.D.R., ensuring reliability and security. They have a convenient location in the city center and offer competitive rates. They also accept a variety of currencies, making it easy for travelers to exchange their money.
  • Downtown Exchange: Downtown Exchange is a well-known currency exchange service located in the heart of Luang Prabang. They have been serving travelers for many years and are known for their excellent customer service. They offer competitive rates and accept a wide range of currencies. The staff is efficient and knowledgeable, making your currency exchange experience quick and hassle-free.

When choosing a currency exchange service in Luang Prabang, it’s important to consider factors such as exchange rates, convenience, and reputation. These top three alternatives provide reliable and efficient services, ensuring you get the best value for your money.

Thank you for taking the time to read our article. For more in-depth reviews and comprehensive ratings on the Currency Exchange Service spots, please explore the recommended articles listed below.

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