Euro lao kip exchange rate history (EUR LAK) November 2023

Euro lao kip history for November 2023. The highest quote for this month is 22640.3 (29/11/2023) and the lowest 22640.9 (26/11/2023). The difference between high and low is 0.

EUR LAK average rate for November 2023 is 22285.708, the change between 01/11/2023 and 30/11/2023 is -3.5 %.

01 November 2023	1 EUR = 21898.70 LAK
02 November 2023	1 EUR = 21917.30 LAK
03 November 2023	1 EUR = 21739.10 LAK
06 November 2023	1 EUR = 21813.20 LAK
07 November 2023	1 EUR = 22166.80 LAK
08 November 2023	1 EUR = 22108.80 LAK
09 November 2023	1 EUR = 22170.60 LAK
10 November 2023	1 EUR = 22092.60 LAK
12 November 2023	1 EUR = 22160.70 LAK
13 November 2023	1 EUR = 21858.20 LAK
14 November 2023	1 EUR = 22152.80 LAK
15 November 2023	1 EUR = 22523.60 LAK
16 November 2023	1 EUR = 22447.30 LAK
17 November 2023	1 EUR = 22445.60 LAK
19 November 2023	1 EUR = 22587.60 LAK
20 November 2023	1 EUR = 22257.50 LAK
21 November 2023	1 EUR = 22630.70 LAK
22 November 2023	1 EUR = 22557.00 LAK
23 November 2023	1 EUR = 22271.60 LAK
24 November 2023	1 EUR = 22369.30 LAK
26 November 2023	1 EUR = 22626.10 LAK
27 November 2023	1 EUR = 22319.50 LAK
28 November 2023	1 EUR = 22629.10 LAK
29 November 2023	1 EUR = 22732.80 LAK
30 November 2023	1 EUR = 22666.20 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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

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.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

02/07/1997: Lao kip devalued

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

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.

Historic Euro Lao kip