Lao kip ghana cedi exchange rate history (LAK GHS) November 2023

Lao kip ghana cedi history for November 2023. The highest quote for this month is 0.000586 (30/11/2023) and the lowest 0.000586 (29/11/2023). The difference between high and low is 0.

LAK GHS average rate for November 2023 is 0.00058, the change between 01/11/2023 and 30/11/2023 is -1.22 %.

01 November 2023	1 LAK = 0.0006 GHS
02 November 2023	1 LAK = 0.0006 GHS
03 November 2023	1 LAK = 0.0006 GHS
06 November 2023	1 LAK = 0.0006 GHS
07 November 2023	1 LAK = 0.0006 GHS
08 November 2023	1 LAK = 0.0006 GHS
09 November 2023	1 LAK = 0.0006 GHS
10 November 2023	1 LAK = 0.0006 GHS
12 November 2023	1 LAK = 0.0006 GHS
13 November 2023	1 LAK = 0.0006 GHS
14 November 2023	1 LAK = 0.0006 GHS
15 November 2023	1 LAK = 0.0006 GHS
16 November 2023	1 LAK = 0.0006 GHS
17 November 2023	1 LAK = 0.0006 GHS
18 November 2023	1 LAK = 0.0006 GHS
19 November 2023	1 LAK = 0.0006 GHS
20 November 2023	1 LAK = 0.0006 GHS
21 November 2023	1 LAK = 0.0006 GHS
22 November 2023	1 LAK = 0.0006 GHS
23 November 2023	1 LAK = 0.0006 GHS
24 November 2023	1 LAK = 0.0006 GHS
26 November 2023	1 LAK = 0.0006 GHS
27 November 2023	1 LAK = 0.0006 GHS
28 November 2023	1 LAK = 0.0006 GHS
29 November 2023	1 LAK = 0.0006 GHS
30 November 2023	1 LAK = 0.0006 GHS

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 Lao kip Ghana Cedi