Historic Aruban florin Lao kip

Aruban florin lao kip history for January 2024. The highest quote for this month is 11982.6 (25/01/2024) and the lowest 11870.6 (25/01/2024). The difference between high and low is 0.93.

AWG LAK average rate for January 2024 is 11483.34074, the change between 01/01/2024 and 31/01/2024 is -1.74 %.

01 January 20241 AWG = 11352.90 LAK
02 January 20241 AWG = 11379.00 LAK
03 January 20241 AWG = 11452.50 LAK
04 January 20241 AWG = 11436.50 LAK
05 January 20241 AWG = 11486.80 LAK
06 January 20241 AWG = 11502.20 LAK
07 January 20241 AWG = 11502.20 LAK
08 January 20241 AWG = 11351.30 LAK
09 January 20241 AWG = 11497.20 LAK
10 January 20241 AWG = 11382.10 LAK
11 January 20241 AWG = 11481.20 LAK
12 January 20241 AWG = 11494.40 LAK
14 January 20241 AWG = 11505.00 LAK
15 January 20241 AWG = 11380.00 LAK
16 January 20241 AWG = 11389.90 LAK
17 January 20241 AWG = 11398.20 LAK
18 January 20241 AWG = 11530.70 LAK
19 January 20241 AWG = 11514.60 LAK
22 January 20241 AWG = 11415.40 LAK
23 January 20241 AWG = 11511.90 LAK
24 January 20241 AWG = 11520.20 LAK
25 January 20241 AWG = 11982.60 LAK
26 January 20241 AWG = 11512.50 LAK
28 January 20241 AWG = 11562.00 LAK
29 January 20241 AWG = 11427.20 LAK
30 January 20241 AWG = 11531.40 LAK
31 January 20241 AWG = 11550.30 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.
AWG LAK July 2023
AWG LAK August 2023
AWG LAK September 2023
AWG LAK October 2023
AWG LAK November 2023
AWG LAK December 2023
AWG LAK January 2024
AWG LAK February 2024
AWG LAK March 2024
AWG LAK April 2024
AWG LAK May 2024
AWG LAK June 2024
AWG LAK July 2024