Historic Belize dollar Lao kip

Belize dollar lao kip history for October 2023. The highest quote for this month is 10498.2 (30/10/2023) and the lowest 10410.8 (27/10/2023). The difference between high and low is 0.83.

BZD LAK average rate for October 2023 is 10382.4037, the change between 01/10/2023 and 31/10/2023 is -3.67 %.

01 October 20231 BZD = 10151.20 LAK
02 October 20231 BZD = 10237.50 LAK
03 October 20231 BZD = 10313.30 LAK
04 October 20231 BZD = 10337.00 LAK
05 October 20231 BZD = 10390.80 LAK
06 October 20231 BZD = 10293.70 LAK
07 October 20231 BZD = 10239.30 LAK
09 October 20231 BZD = 10292.60 LAK
10 October 20231 BZD = 10295.90 LAK
11 October 20231 BZD = 10383.00 LAK
12 October 20231 BZD = 10399.80 LAK
13 October 20231 BZD = 10402.60 LAK
16 October 20231 BZD = 10378.20 LAK
17 October 20231 BZD = 10475.80 LAK
18 October 20231 BZD = 10489.20 LAK
19 October 20231 BZD = 10373.10 LAK
20 October 20231 BZD = 10500.00 LAK
21 October 20231 BZD = 10346.90 LAK
22 October 20231 BZD = 10346.90 LAK
23 October 20231 BZD = 10398.30 LAK
24 October 20231 BZD = 10512.80 LAK
25 October 20231 BZD = 10488.20 LAK
26 October 20231 BZD = 10490.70 LAK
27 October 20231 BZD = 10490.10 LAK
29 October 20231 BZD = 10364.40 LAK
30 October 20231 BZD = 10410.00 LAK
31 October 20231 BZD = 10523.60 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.