Historic Belarusian ruble Lao kip

Belarusian ruble lao kip history for December 2023. The highest quote for this month is 6294.83 (10/12/2023) and the lowest 6294.83 (10/12/2023). The difference between high and low is 0.

BYN LAK average rate for December 2023 is 6243.29536, the change between 01/12/2023 and 31/12/2023 is +0.49 %.

01 December 20231 BYN = 6216.35 LAK
02 December 20231 BYN = 6287.23 LAK
03 December 20231 BYN = 6287.23 LAK
04 December 20231 BYN = 6223.47 LAK
05 December 20231 BYN = 6281.02 LAK
06 December 20231 BYN = 6284.11 LAK
07 December 20231 BYN = 6228.50 LAK
08 December 20231 BYN = 6281.92 LAK
10 December 20231 BYN = 6294.83 LAK
11 December 20231 BYN = 6228.61 LAK
12 December 20231 BYN = 6286.22 LAK
13 December 20231 BYN = 6232.86 LAK
14 December 20231 BYN = 6283.56 LAK
15 December 20231 BYN = 6270.36 LAK
16 December 20231 BYN = 6248.63 LAK
17 December 20231 BYN = 6248.63 LAK
18 December 20231 BYN = 6182.56 LAK
19 December 20231 BYN = 6195.80 LAK
20 December 20231 BYN = 6228.39 LAK
21 December 20231 BYN = 6246.04 LAK
22 December 20231 BYN = 6256.55 LAK
23 December 20231 BYN = 6246.20 LAK
24 December 20231 BYN = 6246.20 LAK
25 December 20231 BYN = 6181.12 LAK
26 December 20231 BYN = 6185.27 LAK
27 December 20231 BYN = 6227.55 LAK
28 December 20231 BYN = 6247.11 LAK
29 December 20231 BYN = 6185.95 LAK

01/01/2021: Introduction of New Banknotes

New banknotes with enhanced security features were introduced, replacing the previous designs.

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.

20/12/2016: Abolishment of Currency Controls

Belarus abolished most of the currency controls, allowing for greater flexibility in foreign currency transactions.

01/01/2015: Introduction of Currency Controls

To stabilize the economy, Belarus implemented currency controls, restricting foreign currency transactions.

22/12/2014: Devaluation of the Belarusian Ruble

The Belarusian Ruble experienced a significant devaluation, causing a sharp drop in its value against major currencies.

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.

01/07/2011: Creation of the Single Currency Market

The Single Currency Market was established, allowing for unified exchange rates between the Belarusian Ruble and foreign currencies.

01/01/2000: Redenomination of the Belarusian Ruble

The Belarusian Ruble underwent a redenomination, with four zeros being removed from the currency.

02/07/1997: Lao kip devalued

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

26/05/1992: Introduction of the Belarusian Ruble

The Belarusian Ruble was introduced as the official currency of Belarus, replacing the Soviet ruble.

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.

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.