BAM to LAK

Convert Bosnia and Herzegovina Convertible Mark to Lao Kip

1 BAM = 11,572.9781 LAK

Rule of thumb

When you are abroad and you just want to get a quick estimate, use this rule of thumb:

Multiply the amount in Bosnia and Herzegovina Convertible Mark (BAM) by 10000 and add another 20% to get it in Lao Kip (LAK)

How to convert Bosnia and Herzegovina Convertible Mark to Lao Kip

Converting currencies can be done through various channels. Currency exchange services at banks or online platforms offer a straightforward solution—simply input the amount and desired currency. Online converters and ATMs also provide convenient options, while credit cards automatically handle conversions during international transactions.

How much does it cost to convert BAM to LAK

The cost of converting BAM to LAK depends on the method chosen. Exchange services may charge fees or offer slightly different rates. Online platforms and ATMs may have transaction fees, and credit cards might include foreign transaction fees. It’s essential to compare options and consider associated costs before deciding on a conversion method.

Bosnia and Herzegovina Convertible Mark to Lao Kips conversion rates

1 BAM11,572.98 LAK
5 BAM57,864.89 LAK
10 BAM115,729.78 LAK
20 BAM231,459.56 LAK
50 BAM578,648.90 LAK
100 BAM1,157,297.81 LAK
250 BAM2,893,244.51 LAK
500 BAM5,786,489.03 LAK
1000 BAM11,572,978.05 LAK
2000 BAM23,145,956.11 LAK
5000 BAM57,864,890.27 LAK
10000 BAM115,729,780.55 LAK
1 LAK0.00 BAM
5 LAK0.00 BAM
10 LAK0.00 BAM
20 LAK0.00 BAM
50 LAK0.00 BAM
100 LAK0.01 BAM
250 LAK0.02 BAM
500 LAK0.04 BAM
1000 LAK0.09 BAM
2000 LAK0.17 BAM
5000 LAK0.43 BAM
10000 LAK0.86 BAM

Top Currency Pairings for Bosnia and Herzegovina Convertible Mark


LAK to BAM

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Looking for another BAM currency pair?

How to transfer money? And how long does it take?

Peer-to-peer payment apps like Venmo or PayPal offer quick transactions. Wire transfers through banks are an option but can take a few days. Cryptocurrencies, such as Bitcoin or Ethereum, provide a decentralized alternative for transferring funds globally, offering speed and some degree of anonymity.

Look out for exchange scams

Look out forDescription
Unofficial Currency ExchangesStreet individuals and kioks may offer attractive rates and/or give counterfeit currency. Use established offices for safety.
Dynamic Currency ConversionSome ATMs offer less favorable exchange rates. Opt for local currency to avoid extra fees during transactions.
Overcharging at Exchange OfficesTourist-heavy areas may charge higher fees. Compare rates and be aware of additional fees before transactions.
Fake Banknote SwitchBe cautious during exchanges to prevent scammers from switching real currency with counterfeits. Count money carefully.
Inflated CommissionsExchange offices may have hidden fees. Inquire about the total cost, including commissions, before exchanging money.
Always know exactly how the coins and notes from the currency look like. Know or ask about exchange rate and fees beforehand and count your money carefully afterwards. Look at the chart, when was the last price update? Use your calculator to verify.

Currency Information

The BAM (Convertible Mark) is the official currency of Bosnia and Herzegovina. It was introduced in 1998 as a replacement for the Yugoslav dinar. The BAM is only used as legal tender within the borders of Bosnia and Herzegovina.

The LAK, also known as the Lao Kip, is the official currency of Laos. It can be used as legal tender exclusively in Laos.

Cost of Living Comparison

When it comes to daily expenses, the cost of groceries and dining out plays a significant role. Here we look at the average weekly cost for basic groceries and dining out at a mid-range restaurant dinner for two people.

LocationWeekly GroceriesDining Out for Two
Bosnia and Herzegovina€60€20
Laos€#N/A€#N/A
All numbers in Euros for easy comparison.

Keep in mind that these figures are approximations, and actual costs can vary based on specific locations and individual choices.