Belarusian ruble lao kip exchange rate history (BYN LAK) October 2023

Belarusian ruble lao kip history for October 2023. The highest quote for this month is 6293.62 (29/10/2023) and the lowest 6293.62 (29/10/2023). The difference between high and low is 0.

BYN LAK average rate for October 2023 is 6234.4796, the change between 01/10/2023 and 31/10/2023 is -2.26 %.

02 October 2023	1 BYN = 6157.46 LAK
03 October 2023	1 BYN = 6180.77 LAK
04 October 2023	1 BYN = 6187.64 LAK
05 October 2023	1 BYN = 6219.90 LAK
06 October 2023	1 BYN = 6161.03 LAK
09 October 2023	1 BYN = 6160.16 LAK
10 October 2023	1 BYN = 6162.36 LAK
11 October 2023	1 BYN = 6213.65 LAK
12 October 2023	1 BYN = 6222.78 LAK
13 October 2023	1 BYN = 6226.03 LAK
16 October 2023	1 BYN = 6209.79 LAK
17 October 2023	1 BYN = 6267.35 LAK
18 October 2023	1 BYN = 6275.71 LAK
19 October 2023	1 BYN = 6206.29 LAK
20 October 2023	1 BYN = 6282.98 LAK
21 October 2023	1 BYN = 6282.67 LAK
22 October 2023	1 BYN = 6282.67 LAK
23 October 2023	1 BYN = 6222.75 LAK
24 October 2023	1 BYN = 6290.54 LAK
25 October 2023	1 BYN = 6277.10 LAK
26 October 2023	1 BYN = 6276.98 LAK
27 October 2023	1 BYN = 6275.86 LAK
29 October 2023	1 BYN = 6293.62 LAK
30 October 2023	1 BYN = 6229.30 LAK
31 October 2023	1 BYN = 6296.60 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.

Historic Belarusian ruble Lao kip