Historic Trinidad & Tobago Dollar Lao kip

Trinidad & Tobago Dollar lao kip history for January 2024. The highest quote for this month is 3113.5 (30/01/2024) and the lowest 3104.4 (06/01/2024). The difference between high and low is 0.29.

TTD LAK average rate for January 2024 is 3086.91704, the change between 01/01/2024 and 31/01/2024 is -1.98 %.

01 January 20241 TTD = 3053.47 LAK
02 January 20241 TTD = 3053.47 LAK
03 January 20241 TTD = 3081.60 LAK
04 January 20241 TTD = 3085.79 LAK
05 January 20241 TTD = 3096.39 LAK
06 January 20241 TTD = 3104.40 LAK
07 January 20241 TTD = 3104.40 LAK
08 January 20241 TTD = 3073.81 LAK
09 January 20241 TTD = 3096.25 LAK
10 January 20241 TTD = 3064.62 LAK
11 January 20241 TTD = 3095.82 LAK
12 January 20241 TTD = 3093.00 LAK
14 January 20241 TTD = 3053.27 LAK
15 January 20241 TTD = 3067.01 LAK
16 January 20241 TTD = 3067.17 LAK
17 January 20241 TTD = 3070.75 LAK
18 January 20241 TTD = 3106.58 LAK
19 January 20241 TTD = 3102.58 LAK
22 January 20241 TTD = 3070.05 LAK
23 January 20241 TTD = 3098.81 LAK
24 January 20241 TTD = 3105.35 LAK
25 January 20241 TTD = 3103.23 LAK
26 January 20241 TTD = 3101.43 LAK
28 January 20241 TTD = 3081.83 LAK
29 January 20241 TTD = 3081.87 LAK
30 January 20241 TTD = 3119.85 LAK
31 January 20241 TTD = 3113.96 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.

26/03/2020: COVID-19 Pandemic

The COVID-19 pandemic caused economic disruptions, leading to a decline in tourism and affecting the exchange rate of the TTD.

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.

19/09/2008: Global Financial Crisis

The global financial crisis had a significant impact on the value of the Trinidad & Tobago Dollar and the country's economy.

02/07/1997: Lao kip devalued

Amidst the Asian financial crisis, the Lao government devalued the kip by approximately 20% against the US dollar.

17/05/1993: Introduction of Polymer Banknotes

Trinidad & Tobago introduced polymer banknotes to replace the traditional paper currency, enhancing security and durability.

27/07/1990: Attempted Coup d'État

An attempted coup d'état took place in Trinidad & Tobago, causing economic instability and impacting the value of the TTD.

31/12/1983: Floatation of the Trinidad & Tobago Dollar

Trinidad & Tobago abandoned the fixed exchange rate system, allowing the TTD to float freely against other currencies.

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.

07/06/1976: Central Bank of Trinidad and Tobago Established

The Central Bank of Trinidad and Tobago was established, becoming the country's central monetary authority.

01/01/1964: Introduction of the Trinidad & Tobago Dollar

The Trinidad & Tobago Dollar was introduced as the official currency, replacing the British West Indies Dollar.

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.