Historic Belarusian ruble Lao kip

Belarusian ruble lao kip history for September 2023. The highest quote for this month is 7998.99 (29/09/2023) and the lowest 7998.95 (29/09/2023). The difference between high and low is 0.

BYN LAK average rate for September 2023 is 7857.22318, the change between 01/09/2023 and 30/09/2023 is -4.29 %.

01 September 20231 BYN = 7706.22 LAK
04 September 20231 BYN = 7721.02 LAK
05 September 20231 BYN = 7734.32 LAK
06 September 20231 BYN = 7733.81 LAK
07 September 20231 BYN = 7801.19 LAK
08 September 20231 BYN = 7801.83 LAK
11 September 20231 BYN = 7778.48 LAK
12 September 20231 BYN = 7831.98 LAK
13 September 20231 BYN = 7827.59 LAK
14 September 20231 BYN = 7828.73 LAK
15 September 20231 BYN = 7849.50 LAK
18 September 20231 BYN = 7843.71 LAK
19 September 20231 BYN = 7888.08 LAK
20 September 20231 BYN = 7898.18 LAK
21 September 20231 BYN = 7898.62 LAK
22 September 20231 BYN = 7925.43 LAK
23 September 20231 BYN = 7946.43 LAK
24 September 20231 BYN = 7946.43 LAK
25 September 20231 BYN = 7895.13 LAK
27 September 20231 BYN = 7970.47 LAK
28 September 20231 BYN = 7995.32 LAK
29 September 20231 BYN = 8036.44 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.