Historic Bitcoin Cash Lao kip

Bitcoin Cash lao kip history for January 2024. The highest quote for this month is 86.916 (23/01/2024) and the lowest 93.212 (23/01/2024). The difference between high and low is -7.24.

BCH LAK average rate for January 2024 is 84.34096, the change between 01/01/2024 and 31/01/2024 is -15.63 %.

01 January 20241 BCH = 76.33 LAK
02 January 20241 BCH = 79.27 LAK
03 January 20241 BCH = 87.62 LAK
04 January 20241 BCH = 85.57 LAK
05 January 20241 BCH = 85.94 LAK
06 January 20241 BCH = 87.21 LAK
07 January 20241 BCH = 88.68 LAK
08 January 20241 BCH = 80.03 LAK
09 January 20241 BCH = 83.94 LAK
10 January 20241 BCH = 80.14 LAK
11 January 20241 BCH = 74.42 LAK
12 January 20241 BCH = 79.30 LAK
14 January 20241 BCH = 83.71 LAK
15 January 20241 BCH = 81.35 LAK
16 January 20241 BCH = 81.18 LAK
17 January 20241 BCH = 83.72 LAK
18 January 20241 BCH = 86.93 LAK
19 January 20241 BCH = 87.30 LAK
22 January 20241 BCH = 86.95 LAK
23 January 20241 BCH = 89.90 LAK
24 January 20241 BCH = 87.36 LAK
25 January 20241 BCH = 87.29 LAK
26 January 20241 BCH = 85.39 LAK
28 January 20241 BCH = 87.36 LAK
29 January 20241 BCH = 85.01 LAK
30 January 20241 BCH = 87.07 LAK
31 January 20241 BCH = 88.26 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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