LAK black market rate on Jul 16, 2026: 22,500 per USD
On Thursday, July 16, 2026, the US dollar traded at about 22,500 LAK on Laos's parallel (black) market at the close of observations. The day opened at 22,372 LAK, reached a high of 22,733 and a low of 22,213, a trading range of 520 LAK (2.34%).
Across 288 observations, the average price to buy dollars was 22,585 LAK and the average price received when selling dollars was 23,164 LAK. Over the session the Lao Kip weakened against the dollar (+0.57% from open to close).
Official rate vs black market rate on Jul 16, 2026
The official exchange rate published for Laos on this date was 22,373 LAK per USD. The parallel-market close of 22,500 LAK therefore implied a premium of +0.57% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Jul 16, 2026 compares
Compared with the previous observed day (Jul 15, 2026, close 22,450 LAK), the rate moved +0.22%.
One week earlier (Jul 9, 2026) the close was 22,646 LAK, so the weekly change was -0.64%.
Thirty days earlier (Jun 16, 2026) the close was 22,239 LAK, a +1.17% move over the month.
How this daily figure is produced
ETCurrency samples Laos's USD/LAK parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jul 16, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Lao Kip black market rate on Jul 16, 2026?
- The USD to LAK parallel market rate closed at approximately 22,500 LAK per US dollar on Thursday, July 16, 2026, after trading between 22,213 and 22,733 LAK.
- How much did the LAK move against the dollar that day?
- From an open of 22,372 to a close of 22,500 LAK, the parallel rate moved +0.57% on Jul 16, 2026.
- What was the gap between the official and black market LAK rate on that date?
- The official rate was 22,373 LAK per USD versus a parallel close of 22,500 LAK, a premium of +0.57%.
- Was the LAK black market rate higher or lower than the day before?
- Higher: the previous observed close was 22,450 LAK on Jul 15, 2026, a change of +0.22%.
Figures are aggregated parallel-market observations for Laos in UTC and are indicative only; they are not a quote to trade. See the full USD → Lao Kip history or today's live rate.