What is the Ugandan Shilling worth against the Lao kip today?

1 UGX is worth 5.946 LAK today

How much is 10 UGX worth in LAK?

At the current exchange rate of 5.946 , a sum of 10 Ugandan Shilling is worth 59.46 Lao kip.

Which currency is stronger? UGX or LAK?

The Ugandan Shilling is currently stronger than the Lao kip given that 1 UGX is equal to 5.946 LAK. Conversely, 1 LAK is worth 0.168 UGX.

Overview of UGX to LAK Performance and Trends

Today, to buy 10 Ugandan Shilling, you need 59.46 Lao kip. On the same date last year, you needed 53.38 Lao kip for 10 Ugandan Shilling. This change indicates that the Ugandan Shilling has become stronger against the Lao kip by 11.43% over the past year.

The pair experienced high volatility of 13.65%.

High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.

UGX to LAK Currency Performance and Volatility

Last 7 Days

• Performance: USh10 varied between ₭5.941 (weekly low) and ₭5.951 (weekly high), a variance of ₭0.01 .
• Volatility: Fluctuated by 0.17%.

Last 30 Days

• Performance: USh10 varied between ₭5.925 (30-day low) to ₭5.96 (30-day high), a variance of ₭0.035 .
• Volatility: Fluctuated by 0.59%.

Last 90 Days

• Performance: USh10 varied between ₭5.852 (90-day low) to ₭6.004 (90-day high), a variance of ₭0.152 .
• Volatility: Fluctuated by 2.6%.

Last Year

• Performance: USh10 ranged from ₭5.283 (yearly low) to ₭6.004 (yearly high), a variance of ₭0.721 .
• Volatility: Fluctuated by 13.65%.

UGX to LAK Forecast and trending

Is the Ugandan Shilling going up or down against the Lao kip?

Today's UGX to LAK exchange rate (5.946) is smaller compared to yesterday's rate (5.948).

Understanding UGX to LAK Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Ugandan Shilling to Lao kip, to send a payment, for a trip overseas, when shopping online or to hold a balance in Lao kip.

How to convert UGX to LAK?

You can convert Ugandan Shilling to Lao kip either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Lao kip in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

• Choose an exchange service that suits your needs
• Head there with the money in Ugandan Shilling cash to exchange
• Get a quote for the exchange rate and any commission or fee you need to pay
• Hand over your money and receive your Lao kip in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

• Choose an international payment service that suits your needs and head to their desktop site, or download their app
• Tap Send Payment
• Enter the amount in Ugandan Shilling you want to send, or the amount in Lao kip you want your recipient to get in the end
• You'll be shown a quote for the exchange rate and any commission or fee you need to pay
• Choose your preferred payment method, and follow the prompts to pay
• Your money will be deposited to your recipient's bank account directly, in Lao kip

How to get the best UGX to LAK exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best UGX to LAK exchange rate for your specific transaction.

Get to know the UGX/LAK mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the UGX/LAK mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Ugandan Shilling and Lao kip. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Ugandan Shilling with Lao kip?

You'll be able to exchange Lao kip to Ugandan Shilling in the same way as you'd exchange Ugandan Shilling to Lao kip. If you have Lao kip in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Lao kip. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Ugandan Shilling in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange UGX to LAK?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.