Historic Bitcoin Cash Lao kip

Bitcoin Cash lao kip history for February 2024. The highest quote for this month is 87.363 (01/02/2024) and the lowest 88.971 (01/02/2024). The difference between high and low is -1.84.

BCH LAK average rate for February 2024 is 79.35807, the change between 01/02/2024 and 29/02/2024 is +21.05 %.

01 February 20241 BCH = 87.38 LAK
02 February 20241 BCH = 87.72 LAK
03 February 20241 BCH = 86.16 LAK
04 February 20241 BCH = 88.15 LAK
05 February 20241 BCH = 88.02 LAK
06 February 20241 BCH = 87.58 LAK
07 February 20241 BCH = 86.38 LAK
08 February 20241 BCH = 85.04 LAK
09 February 20241 BCH = 83.02 LAK
12 February 20241 BCH = 73.27 LAK
13 February 20241 BCH = 76.76 LAK
14 February 20241 BCH = 73.95 LAK
15 February 20241 BCH = 76.88 LAK
16 February 20241 BCH = 75.76 LAK
17 February 20241 BCH = 77.86 LAK
18 February 20241 BCH = 77.00 LAK
19 February 20241 BCH = 75.52 LAK
20 February 20241 BCH = 77.67 LAK
21 February 20241 BCH = 79.05 LAK
22 February 20241 BCH = 79.99 LAK
23 February 20241 BCH = 78.68 LAK
24 February 20241 BCH = 77.83 LAK
25 February 20241 BCH = 77.78 LAK
26 February 20241 BCH = 75.00 LAK
27 February 20241 BCH = 71.13 LAK
28 February 20241 BCH = 70.12 LAK
29 February 20241 BCH = 68.98 LAK

03/08/2021: El Salvador Adopts Bitcoin as Legal Tender

El Salvador becomes the first country to recognize Bitcoin, including Bitcoin Cash (BCH), as a legal tender, leading to increased adoption.

24/02/2021: Bitcoin Cash Becomes Merchant Payment Solution

Bitcoin Cash (BCH) gains traction as a popular cryptocurrency for merchant payments due to its low fees and faster transaction times.

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.

15/11/2020: Bitcoin Cash ABC vs. Bitcoin Cash Node

A contentious hard fork occurs within Bitcoin Cash (BCH) community, resulting in a split between Bitcoin Cash ABC and Bitcoin Cash Node.

15/05/2018: Bitcoin Cash Upgrade

Bitcoin Cash (BCH) undergoes a hard fork called ABC upgrade, introducing larger block sizes and smart contract functionalities.

01/08/2017: Bitcoin Cash Hard Fork

Bitcoin Cash (BCH) splits from Bitcoin (BTC) due to a contentious hard fork, increasing the block size to 8MB.

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.

03/01/2009: First Bitcoin Block Mined

The Genesis Block, also known as Block 0, is mined, marking the birth of Bitcoin network.

31/10/2008: Bitcoin Whitepaper Released

Satoshi Nakamoto publishes Bitcoin whitepaper, laying the foundation for peer-to-peer electronic cash system.

02/07/1997: Lao kip devalued

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

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.
BCH LAK August 2023
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