Historic Syrian Pound Lao kip

Syrian Pound lao kip history for January 2024. The highest quote for this month is 1.592 (28/01/2024) and the lowest 1.592 (28/01/2024). The difference between high and low is 0.

SYP LAK average rate for January 2024 is 1.58001, the change between 01/01/2024 and 31/01/2024 is -1.6 %.

01 January 20241 SYP = 1.565 LAK
02 January 20241 SYP = 1.567 LAK
03 January 20241 SYP = 1.577 LAK
04 January 20241 SYP = 1.577 LAK
05 January 20241 SYP = 1.584 LAK
06 January 20241 SYP = 1.584 LAK
07 January 20241 SYP = 1.584 LAK
08 January 20241 SYP = 1.563 LAK
09 January 20241 SYP = 1.583 LAK
10 January 20241 SYP = 1.567 LAK
11 January 20241 SYP = 1.583 LAK
12 January 20241 SYP = 1.583 LAK
14 January 20241 SYP = 1.584 LAK
15 January 20241 SYP = 1.567 LAK
16 January 20241 SYP = 1.568 LAK
17 January 20241 SYP = 1.572 LAK
18 January 20241 SYP = 1.588 LAK
19 January 20241 SYP = 1.588 LAK
22 January 20241 SYP = 1.572 LAK
23 January 20241 SYP = 1.587 LAK
24 January 20241 SYP = 1.589 LAK
25 January 20241 SYP = 1.590 LAK
26 January 20241 SYP = 1.590 LAK
28 January 20241 SYP = 1.592 LAK
29 January 20241 SYP = 1.578 LAK
30 January 20241 SYP = 1.590 LAK
31 January 20241 SYP = 1.590 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.
SYP LAK August 2023
SYP LAK September 2023
SYP LAK October 2023
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SYP LAK December 2023
SYP LAK January 2024
SYP LAK February 2024
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SYP LAK August 2024