Historic Uruguayan peso Lao kip

Uruguayan peso lao kip history for February 2024. The highest quote for this month is 548.76 (26/02/2024) and the lowest 544.05 (26/02/2024). The difference between high and low is 0.86.

UYU LAK average rate for February 2024 is 537.10963, the change between 01/02/2024 and 29/02/2024 is +0.38 %.

01 February 20241 UYU = 537.9 LAK
02 February 20241 UYU = 537.5 LAK
03 February 20241 UYU = 530.6 LAK
04 February 20241 UYU = 530.6 LAK
05 February 20241 UYU = 531.7 LAK
06 February 20241 UYU = 534.0 LAK
07 February 20241 UYU = 539.0 LAK
08 February 20241 UYU = 538.5 LAK
09 February 20241 UYU = 538.0 LAK
12 February 20241 UYU = 534.5 LAK
13 February 20241 UYU = 537.6 LAK
14 February 20241 UYU = 538.5 LAK
15 February 20241 UYU = 538.9 LAK
16 February 20241 UYU = 539.3 LAK
17 February 20241 UYU = 532.5 LAK
18 February 20241 UYU = 532.5 LAK
19 February 20241 UYU = 533.7 LAK
20 February 20241 UYU = 534.8 LAK
21 February 20241 UYU = 539.4 LAK
22 February 20241 UYU = 540.0 LAK
23 February 20241 UYU = 540.1 LAK
24 February 20241 UYU = 541.4 LAK
25 February 20241 UYU = 541.4 LAK
26 February 20241 UYU = 535.1 LAK
27 February 20241 UYU = 548.6 LAK
28 February 20241 UYU = 540.3 LAK
29 February 20241 UYU = 535.8 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
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UYU LAK January 2024
UYU LAK February 2024
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UYU LAK August 2024