Average FX rate to USD rose 26.0% to 17,689 per USD in Laos in 2023, according to the National Statistical Office.
Historically, Average FX rate to USD in Laos reached an all time high of 17,689 per USD in 2023 and an all time low of 10.00 per USD in 1980. When compared to Laos's main peers, Average FX rate to USD in Cambodia amounted to 4,111 per USD, 7.08 per USD in China, 34.8 per USD in Thailand and 23,787 per USD in Vietnam in 2023.
Laos has been ranked 3rd within the group of 143 countries we follow in terms of Average FX rate to USD, 3 places above the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Cambodia | per USD | 4,051 | 4,051 | 4,061 | 4,093 | 4,099 | ||||||||||||||||
| China | per USD | 6.76 | 6.62 | 6.91 | 6.90 | 6.45 | ||||||||||||||||
| India | per USD | 65.1 | 68.4 | 70.4 | 74.1 | 73.9 | ||||||||||||||||
| Japan | per USD | 112 | 110 | 109 | 107 | 110 | ||||||||||||||||
| Laos | per USD | 8,245 | 8,401 | 8,679 | 9,046 | 9,698 | ||||||||||||||||
| Malaysia | per USD | 4.30 | 4.04 | 4.14 | 4.20 | 4.14 | ||||||||||||||||
| Myanmar | per USD | 1,360 | 1,430 | 1,518 | 1,382 | 1,615 | ||||||||||||||||
| Russia | per USD | 58.3 | 62.7 | 64.7 | 72.1 | 73.7 | ||||||||||||||||
| Thailand | per USD | 33.9 | 32.3 | 31.0 | 31.3 | 32.0 | ||||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||||||||
| Vietnam | per USD | 22,370 | 22,602 | 23,050 | 23,208 | 23,160 |
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