Saint Helena pound lao kip exchange rate history (SHP LAK) November 2023

Saint Helena pound lao kip history for November 2023. The highest quote for this month is 26202 (29/11/2023) and the lowest 25986 (30/11/2023). The difference between high and low is 0.82.

SHP LAK average rate for November 2023 is 25646.16522, the change between 01/11/2023 and 30/11/2023 is -3.87 %.

01 November 2023	1 SHP = 25127.50 LAK
06 November 2023	1 SHP = 25189.10 LAK
07 November 2023	1 SHP = 25439.90 LAK
08 November 2023	1 SHP = 25349.50 LAK
09 November 2023	1 SHP = 25392.50 LAK
10 November 2023	1 SHP = 25327.10 LAK
12 November 2023	1 SHP = 25358.30 LAK
13 November 2023	1 SHP = 25039.20 LAK
14 November 2023	1 SHP = 25727.10 LAK
15 November 2023	1 SHP = 25768.50 LAK
16 November 2023	1 SHP = 25721.40 LAK
17 November 2023	1 SHP = 25775.90 LAK
18 November 2023	1 SHP = 25803.50 LAK
19 November 2023	1 SHP = 25803.50 LAK
20 November 2023	1 SHP = 25466.90 LAK
21 November 2023	1 SHP = 25967.10 LAK
22 November 2023	1 SHP = 25909.20 LAK
23 November 2023	1 SHP = 25652.00 LAK
24 November 2023	1 SHP = 25861.00 LAK
27 November 2023	1 SHP = 25765.20 LAK
28 November 2023	1 SHP = 26116.10 LAK
29 November 2023	1 SHP = 26202.00 LAK
30 November 2023	1 SHP = 26099.30 LAK

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.

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.