Historic Lao kip Fijian Dollar

Lao kip fijian dollar history for January 2024. The highest quote for this month is 0.00011 (24/01/2024) and the lowest 0.00011 (11/01/2024). The difference between high and low is 0.

LAK FJD average rate for January 2024 is 0.00011, the change between 01/01/2024 and 31/01/2024 is -0.93 %.

01 January 20241 LAK = 0.0001 FJD
02 January 20241 LAK = 0.0001 FJD
03 January 20241 LAK = 0.0001 FJD
04 January 20241 LAK = 0.0001 FJD
05 January 20241 LAK = 0.0001 FJD
08 January 20241 LAK = 0.0001 FJD
09 January 20241 LAK = 0.0001 FJD
10 January 20241 LAK = 0.0001 FJD
11 January 20241 LAK = 0.0001 FJD
12 January 20241 LAK = 0.0001 FJD
15 January 20241 LAK = 0.0001 FJD
16 January 20241 LAK = 0.0001 FJD
17 January 20241 LAK = 0.0001 FJD
18 January 20241 LAK = 0.0001 FJD
19 January 20241 LAK = 0.0001 FJD
22 January 20241 LAK = 0.0001 FJD
23 January 20241 LAK = 0.0001 FJD
24 January 20241 LAK = 0.0001 FJD
25 January 20241 LAK = 0.0001 FJD
26 January 20241 LAK = 0.0001 FJD
29 January 20241 LAK = 0.0001 FJD
30 January 20241 LAK = 0.0001 FJD
31 January 20241 LAK = 0.0001 FJD

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.

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.

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

02/07/1997: Lao kip devalued

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

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

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.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

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.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.