Laos vs Vietnam: Official exchange rate (LCU per US$, period average) (International)
Official exchange rate (LCU per US$, period average) (International) over time
- Laos
- Vietnam
How they compare
Vietnam currently reports 24,165 LCU per US$, period average against 20,444 LCU per US$, period average in Laos, a difference of 3,721 LCU per US$, period average.
That makes Vietnam's figure about 1.2 times Laos's.
The two have swapped places 1 time across 40 shared years of data; in 1983 it was Laos ahead.
Laos ranks 5th and Vietnam ranks 3rd of 215 countries.
Vietnam has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Laos | Vietnam | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 261.88 LCU per US$, period average | 1,043 LCU per US$, period average | 781.37 LCU per US$, period average | Vietnam |
| 1990s | 1,695 LCU per US$, period average | 11,043 LCU per US$, period average | 9,349 LCU per US$, period average | Vietnam |
| 2000s | 9,572 LCU per US$, period average | 15,675 LCU per US$, period average | 6,104 LCU per US$, period average | Vietnam |
| 2010s | 8,174 LCU per US$, period average | 21,369 LCU per US$, period average | 13,194 LCU per US$, period average | Vietnam |
| 2020s | 14,127 LCU per US$, period average | 23,518 LCU per US$, period average | 9,391 LCU per US$, period average | Vietnam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Laos or Vietnam?
- Vietnam, at 24,165 LCU per US$, period average against 20,444 LCU per US$, period average in Laos as of 2024.
- What is the difference in official exchange rate between Laos and Vietnam?
- 3,721 LCU per US$, period average, with Vietnam ahead.
- How many years of comparable data are there for Laos and Vietnam?
- 40 years are reported by both, from 1983 to 2024.
- How do Laos and Vietnam rank globally for official exchange rate?
- Laos ranks 5th and Vietnam ranks 3rd of 215 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.