Historic Uruguayan peso Lao kip

Uruguayan peso lao kip history for December 2023. The highest quote for this month is 536.17 (08/12/2023) and the lowest 532.92 (05/12/2023). The difference between high and low is 0.61.

UYU LAK average rate for December 2023 is 527.955, the change between 01/12/2023 and 31/12/2023 is +0.58 %.

01 December 20231 UYU = 530.4 LAK
02 December 20231 UYU = 528.8 LAK
03 December 20231 UYU = 528.8 LAK
04 December 20231 UYU = 531.1 LAK
05 December 20231 UYU = 535.5 LAK
06 December 20231 UYU = 537.9 LAK
07 December 20231 UYU = 531.7 LAK
08 December 20231 UYU = 534.9 LAK
10 December 20231 UYU = 529.3 LAK
11 December 20231 UYU = 531.9 LAK
12 December 20231 UYU = 536.0 LAK
13 December 20231 UYU = 528.8 LAK
14 December 20231 UYU = 533.2 LAK
15 December 20231 UYU = 524.7 LAK
16 December 20231 UYU = 518.6 LAK
17 December 20231 UYU = 518.6 LAK
18 December 20231 UYU = 515.9 LAK
19 December 20231 UYU = 521.3 LAK
20 December 20231 UYU = 527.4 LAK
21 December 20231 UYU = 529.4 LAK
22 December 20231 UYU = 531.8 LAK
23 December 20231 UYU = 523.8 LAK
24 December 20231 UYU = 522.0 LAK
25 December 20231 UYU = 522.4 LAK
26 December 20231 UYU = 522.8 LAK
27 December 20231 UYU = 526.3 LAK
28 December 20231 UYU = 532.2 LAK
29 December 20231 UYU = 527.3 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.
UYU LAK August 2023
UYU LAK September 2023
UYU LAK October 2023
UYU LAK November 2023
UYU LAK December 2023
UYU LAK January 2024
UYU LAK February 2024
UYU LAK March 2024
UYU LAK April 2024
UYU LAK May 2024
UYU LAK June 2024
UYU LAK July 2024
UYU LAK August 2024