Historic Lao kip Turkish Lira

Lao kip turkish lira history for February 2024. The highest quote for this month is 0.001518 (28/02/2024) and the lowest 0.001513 (29/02/2024). The difference between high and low is 0.33.

LAK TRY average rate for February 2024 is 0.00148, the change between 01/02/2024 and 29/02/2024 is -3.2 %.

01 February 20241 LAK = 0.0015 TRY
02 February 20241 LAK = 0.0015 TRY
03 February 20241 LAK = 0.0015 TRY
04 February 20241 LAK = 0.0015 TRY
05 February 20241 LAK = 0.0015 TRY
06 February 20241 LAK = 0.0015 TRY
07 February 20241 LAK = 0.0015 TRY
08 February 20241 LAK = 0.0015 TRY
09 February 20241 LAK = 0.0015 TRY
12 February 20241 LAK = 0.0015 TRY
13 February 20241 LAK = 0.0015 TRY
14 February 20241 LAK = 0.0015 TRY
15 February 20241 LAK = 0.0015 TRY
16 February 20241 LAK = 0.0015 TRY
17 February 20241 LAK = 0.0015 TRY
18 February 20241 LAK = 0.0015 TRY
19 February 20241 LAK = 0.0015 TRY
20 February 20241 LAK = 0.0015 TRY
21 February 20241 LAK = 0.0015 TRY
22 February 20241 LAK = 0.0015 TRY
23 February 20241 LAK = 0.0015 TRY
24 February 20241 LAK = 0.0015 TRY
25 February 20241 LAK = 0.0015 TRY
26 February 20241 LAK = 0.0015 TRY
27 February 20241 LAK = 0.0015 TRY
28 February 20241 LAK = 0.0015 TRY
29 February 20241 LAK = 0.0015 TRY

04/11/2021: Resignation of Central Bank Governor and Lira Volatility

Following the resignation of the Turkish Central Bank governor, the lira experiences significant volatility in the foreign exchange market.

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.

10/08/2018: Currency Crisis and Lira Depreciation

The Turkish lira suffers a severe depreciation due to escalating tensions with the United States and concerns over the Turkish economy.

15/07/2016: Failed Coup Attempt and Lira Plunge

After a failed coup attempt, the value of the Turkish lira plunges as political instability increases.

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.

30/04/2008: Global Financial Crisis and Turkish Lira

The Turkish lira experiences a significant depreciation as a result of the global financial crisis.

01/01/2005: Introduction of New Turkish Lira (TRY)

Turkey introduces a new version of the Turkish lira, denoted as TRY, with a new currency symbol.

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.

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.

29/10/1930: Adoption of the New Turkish Lira

The Turkish government introduces the New Turkish Lira (Yeni Türk Lirası) to replace the old currency.

29/10/1923: Founding of the Republic of Turkey

The Turkish lira is officially established as the currency of the newly founded Turkish Republic.
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