Historic Belarusian ruble Lao kip

Belarusian ruble lao kip history for January 2024. The highest quote for this month is 6329.05 (28/01/2024) and the lowest 6463.68 (29/01/2024). The difference between high and low is -2.13.

BYN LAK average rate for January 2024 is 6273.59444, the change between 01/01/2024 and 31/01/2024 is -2.71 %.

01 January 20241 BYN = 6160.46 LAK
02 January 20241 BYN = 6160.46 LAK
03 January 20241 BYN = 6214.67 LAK
04 January 20241 BYN = 6222.65 LAK
05 January 20241 BYN = 6243.78 LAK
06 January 20241 BYN = 6239.09 LAK
07 January 20241 BYN = 6239.09 LAK
08 January 20241 BYN = 6178.36 LAK
09 January 20241 BYN = 6243.31 LAK
10 January 20241 BYN = 6237.58 LAK
11 January 20241 BYN = 6298.86 LAK
12 January 20241 BYN = 6295.93 LAK
14 January 20241 BYN = 6297.86 LAK
15 January 20241 BYN = 6241.83 LAK
16 January 20241 BYN = 6244.90 LAK
17 January 20241 BYN = 6242.94 LAK
18 January 20241 BYN = 6316.18 LAK
19 January 20241 BYN = 6316.01 LAK
22 January 20241 BYN = 6257.45 LAK
23 January 20241 BYN = 6317.18 LAK
24 January 20241 BYN = 6321.71 LAK
25 January 20241 BYN = 6326.31 LAK
26 January 20241 BYN = 6320.46 LAK
28 January 20241 BYN = 6329.05 LAK
29 January 20241 BYN = 6270.75 LAK
30 January 20241 BYN = 6523.07 LAK
31 January 20241 BYN = 6327.11 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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