Historic Bahamian dollar Lao kip

Bahamian dollar lao kip history for November 2023. The highest quote for this month is 20843.9 (14/11/2023) and the lowest 20738 (12/11/2023). The difference between high and low is 0.51.

BSD LAK average rate for November 2023 is 20748.84615, the change between 01/11/2023 and 30/11/2023 is +0.23 %.

01 November 20231 BSD = 20840.90 LAK
02 November 20231 BSD = 20850.70 LAK
03 November 20231 BSD = 20641.90 LAK
06 November 20231 BSD = 20628.70 LAK
07 November 20231 BSD = 20808.10 LAK
08 November 20231 BSD = 20822.90 LAK
09 November 20231 BSD = 20824.10 LAK
10 November 20231 BSD = 20848.50 LAK
12 November 20231 BSD = 20738.00 LAK
13 November 20231 BSD = 20656.20 LAK
14 November 20231 BSD = 20819.90 LAK
15 November 20231 BSD = 20849.00 LAK
16 November 20231 BSD = 20799.80 LAK
17 November 20231 BSD = 20801.70 LAK
18 November 20231 BSD = 20697.00 LAK
19 November 20231 BSD = 20697.00 LAK
20 November 20231 BSD = 20640.10 LAK
21 November 20231 BSD = 20814.90 LAK
22 November 20231 BSD = 20803.90 LAK
23 November 20231 BSD = 20594.60 LAK
24 November 20231 BSD = 20629.10 LAK
26 November 20231 BSD = 20687.00 LAK
27 November 20231 BSD = 20601.30 LAK
28 November 20231 BSD = 20779.90 LAK
29 November 20231 BSD = 20802.10 LAK
30 November 20231 BSD = 20792.70 LAK

01/01/2021: Digitalization of the kip

The Bank of the Lao PDR introduced digital payment systems and promoted cashless transactions to modernize the use of the kip in the digital era.

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

14/10/2013: Kip exchange rate liberalized

Laos liberalized its exchange rate regime, allowing the kip's value to be determined by market forces, leading to fluctuations in its value.

02/07/1997: Lao kip devalued

Amidst the Asian financial crisis, the Lao government devalued the kip by approximately 20% against the US dollar.

02/05/1980: Revaluation of the kip

The Lao government initiated a revaluation of the kip, resulting in the exchange rate of 1 new kip to 100 old kip.

02/12/1976: Kip becomes the sole legal tender

The Lao kip was declared as the sole legal tender in Laos, replacing the use of other currencies within the country.

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

01/01/1952: Currency reform

Laos implemented a currency reform that replaced the French Indochinese piastre with the new kip, at an exchange rate of 100 new kip to 1 old piastre.

12/10/1945: Lao kip introduced

The Lao kip was first introduced as the official currency of Laos following the country's liberation from French colonial rule.

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.