Israeli Sheqel lao kip exchange rate history (ILS LAK) November 2023

Israeli Sheqel lao kip history for November 2023. The highest quote for this month is 5605.92 (29/11/2023) and the lowest 5579.26 (19/11/2023). The difference between high and low is 0.48.

ILS LAK average rate for November 2023 is 5424.39654, the change between 01/11/2023 and 30/11/2023 is -9.62 %.

01 November 2023	1 ILS = 5117.26 LAK
02 November 2023	1 ILS = 5159.76 LAK
03 November 2023	1 ILS = 5145.57 LAK
06 November 2023	1 ILS = 5187.74 LAK
07 November 2023	1 ILS = 5312.49 LAK
08 November 2023	1 ILS = 5334.61 LAK
09 November 2023	1 ILS = 5398.41 LAK
10 November 2023	1 ILS = 5393.05 LAK
12 November 2023	1 ILS = 5386.63 LAK
13 November 2023	1 ILS = 5283.38 LAK
14 November 2023	1 ILS = 5357.59 LAK
15 November 2023	1 ILS = 5451.54 LAK
16 November 2023	1 ILS = 5467.50 LAK
17 November 2023	1 ILS = 5525.70 LAK
18 November 2023	1 ILS = 5570.90 LAK
19 November 2023	1 ILS = 5572.55 LAK
20 November 2023	1 ILS = 5500.98 LAK
21 November 2023	1 ILS = 5549.53 LAK
22 November 2023	1 ILS = 5564.83 LAK
23 November 2023	1 ILS = 5483.73 LAK
24 November 2023	1 ILS = 5478.36 LAK
26 November 2023	1 ILS = 5540.17 LAK
27 November 2023	1 ILS = 5463.55 LAK
28 November 2023	1 ILS = 5569.49 LAK
29 November 2023	1 ILS = 5609.57 LAK
30 November 2023	1 ILS = 5609.42 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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

02/07/1997: Lao kip devalued

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

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official 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.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

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 Israeli Sheqel Lao kip