A new method with laser interferometry is used to enhance the traceability for sinusoidal pressure calibration in water. The laser vibrometer measures the dynamic pressure based on the acousto-optic effect. The relation of the refractive index of water and the optical path length with the pressure's change is built based on the Lorentz-Lorenz equation, and the conversion coefficients are tested by static calibration in situ. A device with a piezoelectric transducer and resonant pressure pipe with water is set up to generate sinusoidal pressure up to 20 kHz. With the conversion coefficients, the reference sinusoidal pressure is measured by the laser interferometer for pressure sensors' dynamic calibration. The experiment results show that under 10 kHz, the measurement results between the laser vibrometer and a piezoelectric sensor are in basic agreement and indicate that this new method and its measurement system are feasible in sinusoidal pressure calibration. Some disturbing components including small amplitude, temperature change, pressure maldistribution, and glass windows' vibration are also analyzed, especially for the dynamic calibrations above 10 kHz.