Historic Bitcoin Cash Lao kip

Bitcoin Cash lao kip history for November 2023. The highest quote for this month is 91.897 (28/11/2023) and the lowest 94.921 (21/11/2023). The difference between high and low is -3.29.

BCH LAK average rate for November 2023 is 88.98396, the change between 01/11/2023 and 30/11/2023 is -10.36 %.

01 November 20231 BCH = 84.47 LAK
02 November 20231 BCH = 87.90 LAK
03 November 20231 BCH = 86.12 LAK
06 November 20231 BCH = 83.69 LAK
07 November 20231 BCH = 84.73 LAK
08 November 20231 BCH = 84.13 LAK
09 November 20231 BCH = 86.34 LAK
10 November 20231 BCH = 86.32 LAK
12 November 20231 BCH = 87.69 LAK
13 November 20231 BCH = 87.12 LAK
14 November 20231 BCH = 89.36 LAK
15 November 20231 BCH = 86.97 LAK
16 November 20231 BCH = 88.32 LAK
17 November 20231 BCH = 90.20 LAK
18 November 20231 BCH = 90.98 LAK
19 November 20231 BCH = 89.80 LAK
20 November 20231 BCH = 90.10 LAK
21 November 20231 BCH = 95.23 LAK
22 November 20231 BCH = 92.20 LAK
23 November 20231 BCH = 90.77 LAK
24 November 20231 BCH = 90.55 LAK
26 November 20231 BCH = 91.17 LAK
27 November 20231 BCH = 91.32 LAK
28 November 20231 BCH = 92.41 LAK
29 November 20231 BCH = 92.50 LAK
30 November 20231 BCH = 93.22 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.