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Money and Shopping in Luang Prabang


Money and Shopping in Luang Prabang

Thai baht and US$ are widely accepted but the exchange rates vary. As of May 2009, there are a small number of ATMs accepting Visa, MasterCard, Maestro and Eurocards. These ATMs are situated mostly in Sisavangvong Rd just 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. Multiple withdrawals are allowed to a daily maximum of 5,000,000 kip. If you arrive by plane, there is an ATM and a money changer at the airport which is open for a few hours of the day, so don't count on changing there. Also, their rates are significantly worse than the banks in town. There are a growing number of money changers, located on Sisavangvong Rd or in the permanent markets further East. One is next to the ATM near the Night Markets, another is about 50m further North along the street, located out the front of one of the first restaurants (looks like a little tollbooth/shack). The rates offered may vary, so shop around before you change. Better maybe to stick with official money changing services at a bank which are easily found. There are reports of scam by using money changers to take cash advance. They will charge you more in USD with different exchange rate than written. After complains it's not possible to cancel the transaction. The night market (on Sisavangvong Road) caters for tourists with every kind of souvenir you could want and closes at about 10 PM. Particularly good are the duvet covers, cushion covers and pillow sets. They can even make one up to the dimensions you require in one next day. Very good are hanging lamps, which are foldable to bring back. It is well worth a look and the hawkers are very pleasant to deal with and amazingly non-pushy by the standard elsewhere in Asia. Traders range from young kids to the elderly who usually made crafts, arts and goods by themselves for sale. Good-natured bargaining is advisable but don't obsess over this and ruin your experience as well as giving the trader a bad day. It should be understood that the quality and design of goods is lower in the market than in the legions of increasingly chic stores in the town. There may be some souvenirs available made from endangered animals. Avoid buying rare pets, leather, ivory, talons, dried sea creatures (starfish, etc.), fur, feathers, teeth, wool, and other products. This is the best place to buy lower end souvenirs and hone your bargaining skills. Laotian asthetic sense is quite evolved in its own way. For instance check out some of the higher end stores:
  • Ock Pop Tok, 73/5 Ban Vat Nong, Luang Prabang, plus 2 other stores in town, +856 71 253219, . An ethical trading company with superb galleries. Also run classes and visits to village weaving faciltiies.

  • The Most Frequently Asked Travel Questions about Luang Prabang


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    Luang Prabang Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

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