Lao kip algerian dinar exchange rate history (LAK DZD) November 2023

Lao kip algerian dinar history for November 2023. The highest quote for this month is 0.006631 (01/11/2023) and the lowest 0.00661 (01/11/2023). The difference between high and low is 0.32.

LAK DZD average rate for November 2023 is 0.00651, the change between 01/11/2023 and 30/11/2023 is +0.96 %.

01 November 2023	1 LAK = 0.0065 DZD
02 November 2023	1 LAK = 0.0065 DZD
03 November 2023	1 LAK = 0.0066 DZD
06 November 2023	1 LAK = 0.0066 DZD
07 November 2023	1 LAK = 0.0065 DZD
08 November 2023	1 LAK = 0.0065 DZD
09 November 2023	1 LAK = 0.0065 DZD
10 November 2023	1 LAK = 0.0065 DZD
12 November 2023	1 LAK = 0.0065 DZD
13 November 2023	1 LAK = 0.0066 DZD
14 November 2023	1 LAK = 0.0065 DZD
15 November 2023	1 LAK = 0.0064 DZD
16 November 2023	1 LAK = 0.0065 DZD
17 November 2023	1 LAK = 0.0065 DZD
18 November 2023	1 LAK = 0.0065 DZD
19 November 2023	1 LAK = 0.0065 DZD
20 November 2023	1 LAK = 0.0066 DZD
21 November 2023	1 LAK = 0.0065 DZD
22 November 2023	1 LAK = 0.0065 DZD
23 November 2023	1 LAK = 0.0065 DZD
24 November 2023	1 LAK = 0.0065 DZD
26 November 2023	1 LAK = 0.0065 DZD
27 November 2023	1 LAK = 0.0066 DZD
28 November 2023	1 LAK = 0.0065 DZD
29 November 2023	1 LAK = 0.0065 DZD
30 November 2023	1 LAK = 0.0065 DZD

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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

02/07/1997: Lao kip devalued

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

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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 Lao kip Algerian dinar