Historic Belize dollar Lao kip

Belize dollar lao kip history for December 2023. The highest quote for this month is 10507.9 (12/12/2023) and the lowest 10426.2 (26/12/2023). The difference between high and low is 0.78.

BZD LAK average rate for December 2023 is 10392.22143, the change between 01/12/2023 and 31/12/2023 is +0.32 %.

01 December 20231 BZD = 10382.40 LAK
02 December 20231 BZD = 10354.40 LAK
03 December 20231 BZD = 10354.40 LAK
04 December 20231 BZD = 10394.60 LAK
05 December 20231 BZD = 10490.90 LAK
06 December 20231 BZD = 10495.80 LAK
07 December 20231 BZD = 10405.60 LAK
08 December 20231 BZD = 10493.40 LAK
10 December 20231 BZD = 10366.40 LAK
11 December 20231 BZD = 10405.50 LAK
12 December 20231 BZD = 10501.90 LAK
13 December 20231 BZD = 10410.70 LAK
14 December 20231 BZD = 10497.50 LAK
15 December 20231 BZD = 10471.30 LAK
16 December 20231 BZD = 10290.80 LAK
17 December 20231 BZD = 10290.80 LAK
18 December 20231 BZD = 10324.90 LAK
19 December 20231 BZD = 10346.40 LAK
20 December 20231 BZD = 10402.50 LAK
21 December 20231 BZD = 10431.50 LAK
22 December 20231 BZD = 10448.70 LAK
23 December 20231 BZD = 10286.30 LAK
24 December 20231 BZD = 10286.80 LAK
25 December 20231 BZD = 10320.80 LAK
26 December 20231 BZD = 10327.80 LAK
27 December 20231 BZD = 10398.40 LAK
28 December 20231 BZD = 10452.60 LAK
29 December 20231 BZD = 10349.10 LAK

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.

01/05/2017: Introduction of a two-dollar coin

Belize introduced a new denomination in the form of a two-dollar coin, reducing the dependency on smaller denomination banknotes.

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.

26/09/2011: Launching of new designs

The Central Bank of Belize introduced a new series of banknotes with updated designs, depicting prominent national landmarks and personalities.

24/06/2001: Introduction of polymer banknotes

Belize became one of the first countries in the region to introduce polymer banknotes, enhancing durability and security.

02/07/1997: Lao kip devalued

Amidst the Asian financial crisis, the Lao government devalued the kip by approximately 20% against the US dollar.

01/04/1990: Establishment of the Central Bank of Belize

The Central Bank of Belize was established to oversee monetary policies and ensure financial stability in the country.

01/12/1982: Conversion to decimal currency

Belize adopted a decimal currency system with the introduction of a new series of banknotes and coins.

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.

01/07/1978: Independence of Belize

Belize gained independence from the United Kingdom, solidifying the Belize dollar as the national currency.

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.

01/11/1976: Introduction of the Belize dollar

The Belize dollar was introduced as the official currency of Belize to replace the British Honduran dollar.

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.