Historic Belarusian ruble Lao kip

Belarusian ruble lao kip history for February 2024. The highest quote for this month is 6370.64 (24/02/2024) and the lowest 6370.64 (24/02/2024). The difference between high and low is 0.

BYN LAK average rate for February 2024 is 6346.31778, the change between 01/02/2024 and 29/02/2024 is +0.37 %.

01 February 20241 BYN = 6338.90 LAK
02 February 20241 BYN = 6342.24 LAK
03 February 20241 BYN = 6340.67 LAK
04 February 20241 BYN = 6340.67 LAK
05 February 20241 BYN = 6284.02 LAK
06 February 20241 BYN = 6295.84 LAK
07 February 20241 BYN = 6352.97 LAK
08 February 20241 BYN = 6361.73 LAK
09 February 20241 BYN = 6354.97 LAK
12 February 20241 BYN = 6303.74 LAK
13 February 20241 BYN = 6362.68 LAK
14 February 20241 BYN = 6364.69 LAK
15 February 20241 BYN = 6367.95 LAK
16 February 20241 BYN = 6373.65 LAK
17 February 20241 BYN = 6367.58 LAK
18 February 20241 BYN = 6367.58 LAK
19 February 20241 BYN = 6310.36 LAK
20 February 20241 BYN = 6310.63 LAK
21 February 20241 BYN = 6364.25 LAK
22 February 20241 BYN = 6369.30 LAK
23 February 20241 BYN = 6367.02 LAK
24 February 20241 BYN = 6370.64 LAK
25 February 20241 BYN = 6370.64 LAK
26 February 20241 BYN = 6314.23 LAK
27 February 20241 BYN = 6368.46 LAK
28 February 20241 BYN = 6369.83 LAK
29 February 20241 BYN = 6315.34 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.
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