1 LAK to NGN - Convert Lao Kip to Nigerian Naira

Looking at the 30-day window, the LAK/NGN pair traded in a range of 0.060700 to 0.064400. The monthly average was 0.062366 with 1.57% volatility. The relatively low volatility indicates stable trading conditions for the LAK/NGN currency pair.

The current mid-market exchange rate is 1 LAK = 0.061459 NGN, updated as of July 3, 2026, 7:47 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 Nigerian Naira Exchange Rate

The LAK/NGN exchange rate tells you how many Nigerian Naira (NGN) you receive for every Lao Kip (LAK). At the current mid-market rate of 1 LAK = 0.061459 NGN, 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.

Historical LAK/NGN Trends

The LAK/NGN exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

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 NGN and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 LAK = 0.061459 NGN 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: NGN to LAK

The reverse exchange rate is 1 NGN = 16.2710 LAK. This is useful if you are starting with Nigerian Naira 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 NGN to LAK converter for the reverse direction.