The annual average exchange rates between US dollar and Lao kip are given below.
Year |
Annual average exchange rates |
1994 |
717 |
1995 |
816 |
1996 |
935 |
1997 |
1,257 |
1998 |
3,282 |
1999 |
7,067 |
2000 |
7,809 |
2001 (Jan. - Oct.) |
8,843 |
Source: the Foreign Exchange Department of the Lao National Bank.