Historic Belarusian ruble Lao kip

Belarusian ruble lao kip history for November 2023. The highest quote for this month is 6303.34 (12/11/2023) and the lowest 6303.34 (12/11/2023). The difference between high and low is 0.

BYN LAK average rate for November 2023 is 6272.47615, the change between 01/11/2023 and 30/11/2023 is +0.21 %.

01 November 20231 BYN = 6294.30 LAK
02 November 20231 BYN = 6295.80 LAK
03 November 20231 BYN = 6233.35 LAK
06 November 20231 BYN = 6230.08 LAK
07 November 20231 BYN = 6283.69 LAK
08 November 20231 BYN = 6288.80 LAK
09 November 20231 BYN = 6288.98 LAK
10 November 20231 BYN = 6295.40 LAK
12 November 20231 BYN = 6303.34 LAK
13 November 20231 BYN = 6237.55 LAK
14 November 20231 BYN = 6287.72 LAK
15 November 20231 BYN = 6297.08 LAK
16 November 20231 BYN = 6281.20 LAK
17 November 20231 BYN = 6281.93 LAK
18 November 20231 BYN = 6290.88 LAK
19 November 20231 BYN = 6290.88 LAK
20 November 20231 BYN = 6233.88 LAK
21 November 20231 BYN = 6287.23 LAK
22 November 20231 BYN = 6282.79 LAK
23 November 20231 BYN = 6220.30 LAK
24 November 20231 BYN = 6230.10 LAK
26 November 20231 BYN = 6287.84 LAK
27 November 20231 BYN = 6221.45 LAK
28 November 20231 BYN = 6275.65 LAK
29 November 20231 BYN = 6283.38 LAK
30 November 20231 BYN = 6280.78 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.