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

Looking at the 30-day window, the PGK/LAK pair traded in a range of 4,894.4893 to 5,210.8921. The monthly average was 5,042.3724 with 1.85% volatility. The relatively low volatility indicates stable trading conditions for the PGK/LAK currency pair.

The current mid-market exchange rate is 1 PGK = 5,097.1600 LAK, updated as of July 3, 2026, 8:10 PM 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.

Papua New Guinean Kina to Lao Kip Exchange Rate

The PGK/LAK exchange rate tells you how many Lao Kip (LAK) you receive for every Papua New Guinean Kina (PGK). At the current mid-market rate of 1 PGK = 5,097.1600 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 PGK to LAK Rate

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

Sending Money from PGK to LAK

International money transfers from Papua New Guinean Kina to Lao Kip can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Using the PGK/LAK Calculator

The free calculator at the top of this page converts any amount between Papua New Guinean Kina and Lao Kip 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 LAK/PGK rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Mid-Market Rate Explained

The mid-market rate of 1 PGK = 5,097.1600 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 PGK

The reverse exchange rate is 1 LAK = 0.000196 PGK. This is useful if you are starting with Lao Kip and want to know how much Papua New Guinean Kina 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 PGK converter for the reverse direction.