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

Aruban florin lao kip history for October 2023. The highest quote for this month is 11632.6 (29/10/2023) and the lowest 11632.6 (29/10/2023). The difference between high and low is 0.

AWG LAK average rate for October 2023 is 11448.05185, the change between 01/10/2023 and 31/10/2023 is -1.36 %.

01 October 2023	1 AWG = 11393.30 LAK
02 October 2023	1 AWG = 11267.20 LAK
03 October 2023	1 AWG = 11346.40 LAK
04 October 2023	1 AWG = 11352.90 LAK
05 October 2023	1 AWG = 11413.40 LAK
06 October 2023	1 AWG = 11286.70 LAK
07 October 2023	1 AWG = 11491.60 LAK
09 October 2023	1 AWG = 11252.30 LAK
10 October 2023	1 AWG = 11302.20 LAK
11 October 2023	1 AWG = 11424.60 LAK
12 October 2023	1 AWG = 11422.60 LAK
13 October 2023	1 AWG = 11425.40 LAK
16 October 2023	1 AWG = 11416.00 LAK
17 October 2023	1 AWG = 11506.30 LAK
18 October 2023	1 AWG = 11503.50 LAK
19 October 2023	1 AWG = 11407.30 LAK
20 October 2023	1 AWG = 11525.80 LAK
21 October 2023	1 AWG = 11612.40 LAK
22 October 2023	1 AWG = 11612.40 LAK
23 October 2023	1 AWG = 11414.50 LAK
24 October 2023	1 AWG = 11541.10 LAK
25 October 2023	1 AWG = 11536.30 LAK
26 October 2023	1 AWG = 11520.20 LAK
27 October 2023	1 AWG = 11536.30 LAK
29 October 2023	1 AWG = 11632.60 LAK
30 October 2023	1 AWG = 11406.00 LAK
31 October 2023	1 AWG = 11548.10 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