LocalExchangeRates.com

Official Rate Sheet: Laotian Kip (LAK) / Philippine Peso (PHP)

Date generated:

Mid-Market Rate: 1 LAK = 0.0028 PHP

Real-Time Interbank Wholesale Feed: October 6, 2026

Laotian Kip to Philippine Peso Exchange Rate (LAK to PHP)

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 PHP?

1 LAK = 0.0028 PHP

At the current mid-market wholesale exchange rate, converting 1,000 Laotian Kip (LAK) yields approximately 2.79 Philippine Peso (PHP) (inverse rate: 1 PHP = 358.3331 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): PHP

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

Kurs rynkowy: 1 LAK = 0.0028 PHP

Kurs odwrotny: 1 PHP = 358.3331 LAK

Status danych: Live Data (Redis)

Looking for reverse calculation? Check PHP to LAK (Philippine Peso to Laotian Kip) Live Converter →

LAK to PHP Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Laotian Kip against Philippine Peso

Period High

0.0028 PHP

Period Low

0.0028 PHP

Volatility / Avg

0.0028 PHP

Mid-Market Trend

+0.25%

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

Min: 0.0028 PHP

Max: 0.0028 PHP

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

Min: 0.0027 PHP

Max: 0.0029 PHP

Standard Denomination Conversion Matrix (LAK & PHP)

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

Laotian Kip → Philippine Peso (LAK / PHP)

Wholesale Benchmark

Laotian Kip (LAK)	Philippine Peso (PHP)
1 LAK	0.00 PHP
5 LAK	0.01 PHP
10 LAK	0.03 PHP
25 LAK	0.07 PHP
50 LAK	0.14 PHP
100 LAK	0.28 PHP
200 LAK	0.56 PHP
250 LAK	0.70 PHP
500 LAK	1.40 PHP
1,000 LAK	2.79 PHP
2,500 LAK	6.98 PHP
5,000 LAK	13.95 PHP
10,000 LAK	27.91 PHP

Philippine Peso → Laotian Kip (PHP / LAK)

Wholesale Benchmark

Philippine Peso (PHP)	Laotian Kip (LAK)
1 PHP	358.33 LAK
5 PHP	1,791.67 LAK
10 PHP	3,583.33 LAK
25 PHP	8,958.33 LAK
50 PHP	17,916.65 LAK
100 PHP	35,833.31 LAK
200 PHP	71,666.62 LAK
250 PHP	89,583.27 LAK
500 PHP	179,166.55 LAK
1,000 PHP	358,333.10 LAK
2,500 PHP	895,832.74 LAK
5,000 PHP	1,791,665.48 LAK
10,000 PHP	3,583,330.96 LAK

Provider / Channel	LAK/PHP Effective Exchange Rate	Estimated Fee	Estimated Received (PHP)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0028 PHP	0.00%	13.95 PHP	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0027 PHP	~3.50%	13.47 PHP	-0.49 PHP
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0025 PHP	~10.00%	12.56 PHP	-1.40 PHP

1 LAK to PHP: Laotian Kip to Philippine Peso Exchange Guide

Searches for 1 LAK to PHP or convert LAK to PHP describe the amount of Philippine Peso received per 1 Laotian Kip. At today's wholesale baseline of 1 LAK = 0.0028 PHP (inverse: 1 PHP = 358.3331 LAK), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Laos ↔ Philippines)

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 the Philippines (BSP) shape the medium-to-long term valuation of LAK/PHP.

LAK and PHP Currency Profiles

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

How the LAK to PHP Exchange Rate Works

Foreign exchange transactions between Laos (LAK) and Philippines (PHP) 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 PHP:

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 the Philippines (BSP) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Laos and Philippines 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 (PHP) 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 Philippine Peso Conversion

Common questions regarding Laotian Kip to Philippine Peso conversion, bank spreads, and transfer costs.

How much is 1,000 LAK in PHP today?

At the current mid-market exchange rate (1 LAK = 0.0028 PHP), 1,000 Laotian Kip equals approximately 2.79 Philippine Peso. 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.