Luang Prabang, Laos

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The Thai baht and US dollar are widely accepted in Luang Prabang but their exchange rates vary. Nearly every merchant, hotel and restaurant will accept the Thai baht and US dollar besides the local currency. However, you generally get better rates if you pay in dollars than baht. At Luang Prabang Airport, there are several ATMs and a money changer, which only opens for a few hours of the day.
 
 
 
 
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ATMs
There are some ATMs accepting Visa, MasterCard, Maestro and Eurocards. These ATMs are situated mostly in Sisavangvong Road, near the end of the Night Market. The ATMs dispense currency in Lao kip and generally allow a maximum withdrawal of 1,000,000 kip with a charge of 20,000 kip per transaction. Multiple withdrawals are allowed to a daily maximum of 5,000,000 kip. 

Currency Exchange
The US dollar and Thai baht are accepted by all banks and money changers. Other currencies often accepted include the Australian dollar, Canadian dollar, British pound, Japanese yen and Euro. There are a number of money changers who generally do not offer good rates and often located on Sisavangvong Road and in the permanent markets further east. The rates offered may vary, so shop around before you change. It maybe better to stick with the banks, which are easily found. Beware of money changers giving you 1,000 kip notes instead of 10,000 - the notes look similar.

Sisavangvong Road by James Evans

Night Market
Luang Prabang's Night Market is located on Sisavangvong Road and closes by 10:00 p.m. The market caters to tourists with every kind of souvenir. 
This is the best place to buy lower-end souvenirs and hone your bargaining skills. Particularly good are the duvet covers, cushion covers and pillow sets. They can custom manufacture one to your dimensions in one day. It should be understood that the quality and design of goods are lower in the market than in the legions of increasingly chic stores found in town.

It is well worth a visit to the Night Market and the hawkers are very pleasant to deal with and amazingly non-pushy by Asian standards. Traders range from young children to the elderly who usually make the items they sell. Friendly bargaining is advisable, but don't be obsess over this and ruin your experience as well as giving the trader a bad day. There may well be some souvenirs made from endangered animals or sale of rare exotic pets - avoid buying them.

The Night Market by Torbenbrinker

 
Guide to
Luang Prabang

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