The official national currency in Laos is the Lao kip (LAK). Although the kip is the official currency, in reality three currencies are used: kip, Thai baht, and US dollars. In larger cities and towns, Thai baht and US dollars are readily acceptable at most businesses, including hotels, restaurants and shops. In smaller towns and villages, the kip is usually preferred. As a general guide, for everyday small purchases prices are quoted in kip. It is more likely that more expensive goods and services will be quoted in baht or dollars. The Lao kip is not convertible to any currency outside of the Lao PDR. The kip has been relatively stable for some time and the rough exchange rate is 10,000 kip = USD1. You will be able to change money with both money changers and banks. In larger cities and towns, ATMs are widely available and easy to find.