Lao kip moldovan leu exchange rate history (LAK MDL) August 2023

Lao kip moldovan leu history for August 2023. The highest quote for this month is 0.000919 (01/08/2023) and the lowest 0.000922 (01/08/2023). The difference between high and low is -0.33.

LAK MDL average rate for August 2023 is 0.00091, the change between 01/08/2023 and 31/08/2023 is +0.98 %.

01 August 2023	1 LAK = 0.0009 MDL
02 August 2023	1 LAK = 0.0009 MDL
03 August 2023	1 LAK = 0.0009 MDL
04 August 2023	1 LAK = 0.0009 MDL
07 August 2023	1 LAK = 0.0009 MDL
08 August 2023	1 LAK = 0.0009 MDL
09 August 2023	1 LAK = 0.0009 MDL
10 August 2023	1 LAK = 0.0009 MDL
11 August 2023	1 LAK = 0.0009 MDL
12 August 2023	1 LAK = 0.0009 MDL
14 August 2023	1 LAK = 0.0009 MDL
15 August 2023	1 LAK = 0.0009 MDL
16 August 2023	1 LAK = 0.0009 MDL
17 August 2023	1 LAK = 0.0009 MDL
18 August 2023	1 LAK = 0.0009 MDL
19 August 2023	1 LAK = 0.0009 MDL
20 August 2023	1 LAK = 0.0009 MDL
21 August 2023	1 LAK = 0.0009 MDL
22 August 2023	1 LAK = 0.0009 MDL
23 August 2023	1 LAK = 0.0009 MDL
24 August 2023	1 LAK = 0.0009 MDL
25 August 2023	1 LAK = 0.0009 MDL
28 August 2023	1 LAK = 0.0009 MDL
29 August 2023	1 LAK = 0.0009 MDL
30 August 2023	1 LAK = 0.0009 MDL
31 August 2023	1 LAK = 0.0009 MDL

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.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

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.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability 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.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

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.

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 Moldovan Leu