Turkish Lira lao kip exchange rate history (TRY LAK) October 2023

Turkish Lira lao kip history for October 2023. The highest quote for this month is 740.96 (05/10/2023) and the lowest 745.23 (07/10/2023). The difference between high and low is -0.58.

TRY LAK average rate for October 2023 is 735.46893, the change between 01/10/2023 and 31/10/2023 is +1.01 %.

01 October 2023	1 TRY = 740.0 LAK
02 October 2023	1 TRY = 734.9 LAK
03 October 2023	1 TRY = 739.6 LAK
04 October 2023	1 TRY = 739.3 LAK
05 October 2023	1 TRY = 741.4 LAK
06 October 2023	1 TRY = 732.5 LAK
07 October 2023	1 TRY = 742.7 LAK
09 October 2023	1 TRY = 727.8 LAK
10 October 2023	1 TRY = 730.9 LAK
11 October 2023	1 TRY = 737.5 LAK
12 October 2023	1 TRY = 738.7 LAK
13 October 2023	1 TRY = 735.6 LAK
16 October 2023	1 TRY = 737.6 LAK
17 October 2023	1 TRY = 740.0 LAK
18 October 2023	1 TRY = 737.5 LAK
19 October 2023	1 TRY = 728.7 LAK
20 October 2023	1 TRY = 737.2 LAK
21 October 2023	1 TRY = 739.6 LAK
22 October 2023	1 TRY = 737.7 LAK
23 October 2023	1 TRY = 728.4 LAK
24 October 2023	1 TRY = 736.7 LAK
25 October 2023	1 TRY = 734.3 LAK
26 October 2023	1 TRY = 733.6 LAK
27 October 2023	1 TRY = 733.1 LAK
28 October 2023	1 TRY = 736.9 LAK
29 October 2023	1 TRY = 733.5 LAK
30 October 2023	1 TRY = 724.9 LAK
31 October 2023	1 TRY = 732.6 LAK

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.

Historic Turkish Lira Lao kip