Bahamian dollar lao kip exchange rate history (BSD LAK) September 2023

Bahamian dollar lao kip history for September 2023. The highest quote for this month is 20287 (29/09/2023) and the lowest 20286.2 (29/09/2023). The difference between high and low is 0.

BSD LAK average rate for September 2023 is 19930.93043, the change between 01/09/2023 and 30/09/2023 is -3.78 %.

01 September 2023	1 BSD = 19542.00 LAK
04 September 2023	1 BSD = 19580.50 LAK
05 September 2023	1 BSD = 19613.70 LAK
06 September 2023	1 BSD = 19616.00 LAK
07 September 2023	1 BSD = 19782.70 LAK
08 September 2023	1 BSD = 19786.20 LAK
11 September 2023	1 BSD = 19727.20 LAK
12 September 2023	1 BSD = 19862.20 LAK
13 September 2023	1 BSD = 19855.40 LAK
14 September 2023	1 BSD = 19853.40 LAK
15 September 2023	1 BSD = 19906.70 LAK
18 September 2023	1 BSD = 19892.30 LAK
19 September 2023	1 BSD = 20003.80 LAK
20 September 2023	1 BSD = 20030.80 LAK
21 September 2023	1 BSD = 20032.20 LAK
22 September 2023	1 BSD = 20100.50 LAK
23 September 2023	1 BSD = 20025.00 LAK
24 September 2023	1 BSD = 20025.00 LAK
25 September 2023	1 BSD = 20021.80 LAK
27 September 2023	1 BSD = 20213.40 LAK
28 September 2023	1 BSD = 20279.40 LAK
29 September 2023	1 BSD = 20381.20 LAK
30 September 2023	1 BSD = 20280.00 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.

Historic Bahamian dollar Lao kip