Lao People's Democratic Republic vs Viet Nam: Official exchange rate
Official exchange rate over time
- Lao People's Democratic Republic
- Viet Nam
How they compare
Viet Nam currently reports 24,165 LCU per US$, period average against 20,167 LCU per US$, period average in Lao People's Democratic Republic, a difference of 3,998 LCU per US$, period average.
That makes Viet Nam's figure about 1.2 times Lao People's Democratic Republic's.
The two have swapped places 1 time across 40 shared years of data; in 1983 it was Lao People's Democratic Republic ahead.
Lao People's Democratic Republic ranks 5th and Viet Nam ranks 3rd of 213 countries.
Viet Nam has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 261.88 LCU per US$, period average | 1,043 LCU per US$, period average | 781.37 LCU per US$, period average | Viet Nam |
| 1990s | 1,695 LCU per US$, period average | 11,043 LCU per US$, period average | 9,349 LCU per US$, period average | Viet Nam |
| 2000s | 9,572 LCU per US$, period average | 15,675 LCU per US$, period average | 6,104 LCU per US$, period average | Viet Nam |
| 2010s | 8,174 LCU per US$, period average | 21,369 LCU per US$, period average | 13,194 LCU per US$, period average | Viet Nam |
| 2020s | 14,127 LCU per US$, period average | 23,518 LCU per US$, period average | 9,391 LCU per US$, period average | Viet Nam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Lao People's Democratic Republic or Viet Nam?
- Viet Nam, at 24,165 LCU per US$, period average against 20,167 LCU per US$, period average in Lao People's Democratic Republic as of 2024.
- What is the difference in official exchange rate between Lao People's Democratic Republic and Viet Nam?
- 3,998 LCU per US$, period average, with Viet Nam ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Viet Nam?
- 40 years are reported by both, from 1983 to 2024.
- How do Lao People's Democratic Republic and Viet Nam rank globally for official exchange rate?
- Lao People's Democratic Republic ranks 5th and Viet Nam ranks 3rd of 213 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.