Aruban florin lao kip exchange rate history (AWG LAK) August 2023

Aruban florin lao kip history for August 2023. The highest quote for this month is 10884.3 (12/08/2023) and the lowest 10884.3 (12/08/2023). The difference between high and low is 0.

AWG LAK average rate for August 2023 is 10734.35, the change between 01/08/2023 and 31/08/2023 is -2.07 %.

01 August 2023	1 AWG = 10613.70 LAK
02 August 2023	1 AWG = 10599.70 LAK
03 August 2023	1 AWG = 10696.40 LAK
04 August 2023	1 AWG = 10642.50 LAK
07 August 2023	1 AWG = 10659.90 LAK
08 August 2023	1 AWG = 10717.50 LAK
09 August 2023	1 AWG = 10721.50 LAK
10 August 2023	1 AWG = 10731.50 LAK
11 August 2023	1 AWG = 10732.20 LAK
12 August 2023	1 AWG = 10884.30 LAK
14 August 2023	1 AWG = 10757.50 LAK
15 August 2023	1 AWG = 10655.50 LAK
16 August 2023	1 AWG = 10666.70 LAK
17 August 2023	1 AWG = 10709.50 LAK
18 August 2023	1 AWG = 10722.50 LAK
19 August 2023	1 AWG = 10726.60 LAK
20 August 2023	1 AWG = 10726.60 LAK
21 August 2023	1 AWG = 10741.30 LAK
22 August 2023	1 AWG = 10767.10 LAK
23 August 2023	1 AWG = 10764.30 LAK
24 August 2023	1 AWG = 10764.30 LAK
25 August 2023	1 AWG = 10795.00 LAK
28 August 2023	1 AWG = 10819.10 LAK
29 August 2023	1 AWG = 10827.40 LAK
30 August 2023	1 AWG = 10817.30 LAK
31 August 2023	1 AWG = 10833.20 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.

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

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.

01/01/2011: Introduction of polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

02/07/1997: Lao kip devalued

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

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.

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.

Historic Aruban florin Lao kip