Ghana Cedi lao kip exchange rate history (GHS LAK) October 2023

Ghana Cedi lao kip history for October 2023. The highest quote for this month is 1759.9 (21/10/2023) and the lowest 1759.9 (21/10/2023). The difference between high and low is 0.

GHS LAK average rate for October 2023 is 1747.26148, the change between 01/10/2023 and 31/10/2023 is +0.51 %.

01 October 2023	1 GHS = 1755.84 LAK
02 October 2023	1 GHS = 1741.69 LAK
03 October 2023	1 GHS = 1755.40 LAK
04 October 2023	1 GHS = 1755.82 LAK
05 October 2023	1 GHS = 1753.65 LAK
06 October 2023	1 GHS = 1734.29 LAK
07 October 2023	1 GHS = 1755.79 LAK
09 October 2023	1 GHS = 1726.96 LAK
10 October 2023	1 GHS = 1727.31 LAK
11 October 2023	1 GHS = 1740.43 LAK
12 October 2023	1 GHS = 1745.52 LAK
13 October 2023	1 GHS = 1747.44 LAK
16 October 2023	1 GHS = 1741.15 LAK
17 October 2023	1 GHS = 1756.81 LAK
18 October 2023	1 GHS = 1757.89 LAK
19 October 2023	1 GHS = 1738.24 LAK
20 October 2023	1 GHS = 1758.30 LAK
21 October 2023	1 GHS = 1759.90 LAK
22 October 2023	1 GHS = 1759.90 LAK
23 October 2023	1 GHS = 1742.56 LAK
24 October 2023	1 GHS = 1754.66 LAK
25 October 2023	1 GHS = 1750.00 LAK
26 October 2023	1 GHS = 1748.52 LAK
27 October 2023	1 GHS = 1748.52 LAK
29 October 2023	1 GHS = 1747.34 LAK
30 October 2023	1 GHS = 1725.29 LAK
31 October 2023	1 GHS = 1746.84 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.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

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.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

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.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

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 Ghana Cedi Lao kip