LocalExchangeRates.com

Official Rate Sheet: Laotian Kip (LAK) / Iraqi Dinar (IQD)

Date generated:

Mid-Market Rate: 1 LAK = 0.0583 IQD

Real-Time Interbank Wholesale Feed: October 6, 2026

Laotian Kip to Iraqi Dinar Exchange Rate (LAK to IQD)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 LAK in IQD?

1 LAK = 0.0583 IQD

At the current mid-market wholesale exchange rate, converting 1,000 Laotian Kip (LAK) yields approximately 58.32 Iraqi Dinar (IQD) (inverse rate: 1 IQD = 17.1463 LAK). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): LAK

You Receive (Estimate): IQD

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 LAK = 0.0583 IQD

Kurs odwrotny: 1 IQD = 17.1463 LAK

Status danych: Live Data (Redis)

Looking for reverse calculation? Check IQD to LAK (Iraqi Dinar to Laotian Kip) Live Converter →

LAK to IQD Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Laotian Kip against Iraqi Dinar

Period High

0.0590 IQD

Period Low

0.0576 IQD

Volatility / Avg

0.0583 IQD

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 0.0576 IQD

Max: 0.0590 IQD

52-Week Range (1Y) Current Position: 65% Range

Min: 0.0563 IQD

Max: 0.0604 IQD

Standard Denomination Conversion Matrix (LAK & IQD)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Laotian Kip → Iraqi Dinar (LAK / IQD)

Wholesale Benchmark

Laotian Kip (LAK)	Iraqi Dinar (IQD)
1 LAK	0.06 IQD
5 LAK	0.29 IQD
10 LAK	0.58 IQD
25 LAK	1.46 IQD
50 LAK	2.92 IQD
100 LAK	5.83 IQD
200 LAK	11.66 IQD
250 LAK	14.58 IQD
500 LAK	29.16 IQD
1,000 LAK	58.32 IQD
2,500 LAK	145.80 IQD
5,000 LAK	291.61 IQD
10,000 LAK	583.21 IQD

Iraqi Dinar → Laotian Kip (IQD / LAK)

Wholesale Benchmark

Iraqi Dinar (IQD)	Laotian Kip (LAK)
1 IQD	17.15 LAK
5 IQD	85.73 LAK
10 IQD	171.46 LAK
25 IQD	428.66 LAK
50 IQD	857.32 LAK
100 IQD	1,714.63 LAK
200 IQD	3,429.27 LAK
250 IQD	4,286.59 LAK
500 IQD	8,573.17 LAK
1,000 IQD	17,146.35 LAK
2,500 IQD	42,865.87 LAK
5,000 IQD	85,731.74 LAK
10,000 IQD	171,463.48 LAK

Provider / Channel	LAK/IQD Effective Exchange Rate	Estimated Fee	Estimated Received (IQD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0583 IQD	0.00%	291.61 IQD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0563 IQD	~3.50%	281.40 IQD	-10.21 IQD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0525 IQD	~10.00%	262.45 IQD	-29.16 IQD

1 LAK to IQD: Laotian Kip to Iraqi Dinar Exchange Guide

Searches for 1 LAK to IQD or convert LAK to IQD describe the amount of Iraqi Dinar received per 1 Laotian Kip. At today's wholesale baseline of 1 LAK = 0.0583 IQD (inverse: 1 IQD = 17.1463 LAK), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Laos ↔ Iraq)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Bank of the Lao P.D.R. (BOL) and Central Bank of Iraq (CBI) shape the medium-to-long term valuation of LAK/IQD.

LAK and IQD Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Laos and Iraq.

How the LAK to IQD Exchange Rate Works

Foreign exchange transactions between Laos (LAK) and Iraq (IQD) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between LAK and IQD:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Bank of the Lao P.D.R. (BOL) and Central Bank of Iraq (CBI) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Laos and Iraq exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (IQD) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Laotian Kip to Iraqi Dinar Conversion

Common questions regarding Laotian Kip to Iraqi Dinar conversion, bank spreads, and transfer costs.

How much is 1,000 LAK in IQD today?

At the current mid-market exchange rate (1 LAK = 0.0583 IQD), 1,000 Laotian Kip equals approximately 58.32 Iraqi Dinar. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Laotian Kip?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with LAK?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Bank of the Lao P.D.R. (BOL)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.