Historic Algerian dinar Lao kip

Algerian dinar lao kip history for February 2024. The highest quote for this month is 155.24 (24/02/2024) and the lowest 155.56 (27/02/2024). The difference between high and low is -0.21.

DZD LAK average rate for February 2024 is 154.65667, the change between 01/02/2024 and 29/02/2024 is +0.08 %.

01 February 20241 DZD = 154.0 LAK
02 February 20241 DZD = 154.2 LAK
03 February 20241 DZD = 154.7 LAK
04 February 20241 DZD = 154.7 LAK
05 February 20241 DZD = 154.6 LAK
06 February 20241 DZD = 153.2 LAK
07 February 20241 DZD = 154.5 LAK
08 February 20241 DZD = 155.0 LAK
09 February 20241 DZD = 155.0 LAK
12 February 20241 DZD = 153.8 LAK
13 February 20241 DZD = 154.9 LAK
14 February 20241 DZD = 154.8 LAK
15 February 20241 DZD = 155.1 LAK
16 February 20241 DZD = 155.0 LAK
17 February 20241 DZD = 155.1 LAK
18 February 20241 DZD = 155.1 LAK
19 February 20241 DZD = 153.8 LAK
20 February 20241 DZD = 153.7 LAK
21 February 20241 DZD = 155.2 LAK
22 February 20241 DZD = 155.4 LAK
23 February 20241 DZD = 155.3 LAK
24 February 20241 DZD = 155.2 LAK
25 February 20241 DZD = 155.2 LAK
26 February 20241 DZD = 153.9 LAK
27 February 20241 DZD = 155.2 LAK
28 February 20241 DZD = 155.1 LAK
29 February 20241 DZD = 153.9 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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

02/07/1997: Lao kip devalued

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

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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.
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