1 IRR to LAK - Convert Iranian Rial to Lao Kip

Looking at the 30-day window, the IRR/LAK pair traded in a range of 0.016100 to 0.017100. The monthly average was 0.016521 with 1.97% volatility. This downward movement of 2.1% suggests significant momentum in the IRR/LAK exchange rate.

The current mid-market exchange rate is 1 IRR = 0.016310 LAK, updated as of July 3, 2026, 6:30 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Iranian Rial to Lao Kip Exchange Rate

The IRR/LAK exchange rate tells you how many Lao Kip (LAK) you receive for every Iranian Rial (IRR). At the current mid-market rate of 1 IRR = 0.016310 LAK, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the IRR to LAK Rate

Exchange rates between Iranian Rial and Lao Kip are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the IRR/LAK rate fluctuates throughout trading sessions and over longer time periods.

IRR/LAK for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the IRR to LAK rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Iranian Rial Overview

The Iranian Rial (IRR) is the official currency of Iran. International sanctions have severely limited the rial's convertibility and created multiple exchange rates. Understanding the fundamentals behind IRR helps contextualize its exchange rate movements against LAK and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 IRR = 0.016310 LAK shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.

Reverse Rate: LAK to IRR

The reverse exchange rate is 1 LAK = 61.3121 IRR. This is useful if you are starting with Lao Kip and want to know how much Iranian Rial you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated LAK to IRR converter for the reverse direction.