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Compare today's KGS to LAK (Kyrgyzstani Som to Lao Kip) exchange rates

Kyrgyzstan
Laos
KGS

Interbank Exchange Rate: 1 KGS = 246.0964 LAK
Updated about an hour ago

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All you need to know about Kyrgyzstani Som to Lao Kip money transfers

Easily compare money transfer providers in one place to send money from Kyrgyzstan to Laos. Send money overseas to your loved ones by comparing Kyrgyzstani Som (KGS) to Lao Kip (LAK) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Kyrgyzstan.

Were you looking to send money from Laos to Kyrgyzstan instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest KGS to LAK Conversion Rates

Here are some latest KGS to LAK (Kyrgyzstani Som to Lao Kip) exchange rates for popular conversion amounts*.

1 KGS246.10 LAK
5 KGS1,230.48 LAK
10 KGS2,460.96 LAK
25 KGS6,152.41 LAK
50 KGS12,304.82 LAK
100 KGS24,609.64 LAK
150 KGS36,914.46 LAK
200 KGS49,219.28 LAK
250 KGS61,524.10 LAK
300 KGS73,828.92 LAK
400 KGS98,438.56 LAK
500 KGS123,048.20 LAK
600 KGS147,657.84 LAK
700 KGS172,267.48 LAK
800 KGS196,877.12 LAK
1,000 KGS246,096.40 LAK
1,500 KGS369,144.60 LAK
2,000 KGS492,192.80 LAK
2,500 KGS615,241.00 LAK
3,000 KGS738,289.20 LAK
4,000 KGS984,385.60 LAK
5,000 KGS1,230,482.00 LAK
10,000 KGS2,460,964.00 LAK
15,000 KGS3,691,446.00 LAK
20,000 KGS4,921,928.00 LAK
30,000 KGS7,382,892.00 LAK
40,000 KGS9,843,856.00 LAK
50,000 KGS12,304,820.00 LAK
100,000 KGS24,609,640.00 LAK

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Kyrgyzstan to Laos?

There are many good choices when it comes to sending money from Kyrgyzstan to Laos. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Kyrgyzstani Som to LAK money transfers.

We compare different remittance companies to bring you the best options to send money to Laos from Kyrgyzstan. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Kyrgyzstani Som to Lao Kip money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Kyrgyzstan to Laos?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Laos from Kyrgyzstan. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your KGS to Lao Kip money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Kyrgyzstan to Laos corridor to give you more good choices for your next LAK money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Laos from Kyrgyzstan?

One of the most important things to watch out for is hidden fees when sending money to Laos from Kyrgyzstan. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Laos using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Lao Kip foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best KGS to Laos exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Laos from Kyrgyzstan.


Should I use my bank to transfer money from Kyrgyzstan to Laos?

We do not recommend using your local bank in Kyrgyzstan for your next KGS to LAK overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Kyrgyzstan to Laos (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending LAK to Laos. These companies will let you use your local bank account in Kyrgyzstan to pay for your Laos money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Laos from Kyrgyzstan fast?

The speed of your Kyrgyzstani Som to Lao Kip funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert KGS to LAK. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Laos from Kyrgyzstan is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Laos if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout LAK into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Kyrgyzstan bank to Laos bank transfer.


Which are the best money transfer companies to send money from Kyrgyzstan to Laos?

Kyrgyzstan to Laos money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Laos as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Kyrgyzstani Som to Lao Kip money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Kyrgyzstan to Laos

With so many possible ways to transfer Kyrgyzstani Som to Lao Kip, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Kyrgyzstan to Laos remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Kyrgyzstan and the receiver in Laos. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your KGS to Lao Kip money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.