1 LAK to ISK - Convert Lao Kip to Icelandic Króna

Looking at the 30-day window, the LAK/ISK pair traded in a range of 0.005500 to 0.005800. The monthly average was 0.005629 with 1.76% volatility. The relatively low volatility indicates stable trading conditions for the LAK/ISK currency pair.

The current mid-market exchange rate is 1 LAK = 0.005643 ISK, updated as of July 3, 2026, 6:16 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.

Lao Kip to Icelandic Króna Exchange Rate

The LAK/ISK exchange rate tells you how many Icelandic Króna (ISK) you receive for every Lao Kip (LAK). At the current mid-market rate of 1 LAK = 0.005643 ISK, 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 LAK to ISK Rate

Exchange rates between Lao Kip and Icelandic Króna 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 LAK/ISK rate fluctuates throughout trading sessions and over longer time periods.

Lao Kip Overview

The Lao Kip (LAK) is the official currency of Laos. The currency has depreciated significantly in recent years as the country manages high debt levels and limited foreign reserves. Understanding the fundamentals behind LAK helps contextualize its exchange rate movements against ISK and other currencies.

Icelandic Króna Overview

The Icelandic Krona (ISK) is the official currency of Iceland. One of the world's smallest independent currencies, it is influenced by tourism, fishing, and aluminum exports. The ISK exchange rate against LAK reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 LAK = 0.005643 ISK 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: ISK to LAK

The reverse exchange rate is 1 ISK = 177.21 LAK. This is useful if you are starting with Icelandic Króna and want to know how much Lao Kip you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated ISK to LAK converter for the reverse direction.