1 LAK to PGK - Convert Lao Kip to Papua New Guinean Kina

Looking at the 30-day window, the LAK/PGK pair traded in a range of 0.000199 to 0.000200. The monthly average was 0.000200 with 0.09% volatility. The relatively low volatility indicates stable trading conditions for the LAK/PGK currency pair.

The current mid-market exchange rate is 1 LAK = 0.000196 PGK, updated as of July 3, 2026, 7:42 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 Papua New Guinean Kina Exchange Rate

The LAK/PGK exchange rate tells you how many Papua New Guinean Kina (PGK) you receive for every Lao Kip (LAK). At the current mid-market rate of 1 LAK = 0.000196 PGK, 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.

Understanding the LAK/PGK Conversion

Converting Lao Kip to Papua New Guinean Kina involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

What Affects the LAK to PGK Rate

Exchange rates between Lao Kip and Papua New Guinean Kina 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/PGK rate fluctuates throughout trading sessions and over longer time periods.

Historical LAK/PGK Trends

The LAK/PGK 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.

Using the LAK/PGK Calculator

The free calculator at the top of this page converts any amount between Lao Kip and Papua New Guinean Kina instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse PGK/LAK rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

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 PGK and other currencies.