Barbadian dollar lao kip exchange rate history (BBD LAK) August 2023

Barbadian dollar lao kip history for August 2023. The highest quote for this month is 9840.21 (31/08/2023) and the lowest 9836.38 (29/08/2023). The difference between high and low is 0.04.

BBD LAK average rate for August 2023 is 9734.1688, the change between 01/08/2023 and 31/08/2023 is -2.08 %.

01 August 2023	1 BBD = 9633.16 LAK
02 August 2023	1 BBD = 9623.61 LAK
03 August 2023	1 BBD = 9701.40 LAK
04 August 2023	1 BBD = 9658.04 LAK
07 August 2023	1 BBD = 9731.45 LAK
08 August 2023	1 BBD = 9726.35 LAK
09 August 2023	1 BBD = 9727.26 LAK
10 August 2023	1 BBD = 9732.65 LAK
11 August 2023	1 BBD = 9733.55 LAK
12 August 2023	1 BBD = 9687.00 LAK
14 August 2023	1 BBD = 9733.61 LAK
15 August 2023	1 BBD = 9673.14 LAK
16 August 2023	1 BBD = 9688.04 LAK
17 August 2023	1 BBD = 9714.02 LAK
18 August 2023	1 BBD = 9739.35 LAK
20 August 2023	1 BBD = 9600.35 LAK
21 August 2023	1 BBD = 9769.99 LAK
22 August 2023	1 BBD = 9787.17 LAK
23 August 2023	1 BBD = 9779.14 LAK
24 August 2023	1 BBD = 9781.57 LAK
25 August 2023	1 BBD = 9807.81 LAK
28 August 2023	1 BBD = 9824.51 LAK
29 August 2023	1 BBD = 9836.56 LAK
30 August 2023	1 BBD = 9830.68 LAK
31 August 2023	1 BBD = 9833.81 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.

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

02/07/1997: Lao kip devalued

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

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

Historic Barbadian dollar Lao kip