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

Aruban florin lao kip history for September 2023. The highest quote for this month is 11313.8 (30/09/2023) and the lowest 11382 (30/09/2023). The difference between high and low is -0.6.

AWG LAK average rate for September 2023 is 11076.28696, the change between 01/09/2023 and 30/09/2023 is -5.18 %.

01 September 2023	1 AWG = 10832.60 LAK
04 September 2023	1 AWG = 10901.80 LAK
05 September 2023	1 AWG = 10895.90 LAK
06 September 2023	1 AWG = 10904.60 LAK
07 September 2023	1 AWG = 10904.40 LAK
08 September 2023	1 AWG = 10962.30 LAK
11 September 2023	1 AWG = 10934.90 LAK
12 September 2023	1 AWG = 11007.30 LAK
13 September 2023	1 AWG = 11007.00 LAK
14 September 2023	1 AWG = 11022.30 LAK
15 September 2023	1 AWG = 11032.10 LAK
18 September 2023	1 AWG = 11021.90 LAK
19 September 2023	1 AWG = 11085.10 LAK
20 September 2023	1 AWG = 11117.30 LAK
21 September 2023	1 AWG = 11107.40 LAK
22 September 2023	1 AWG = 11224.70 LAK
23 September 2023	1 AWG = 11250.00 LAK
24 September 2023	1 AWG = 11250.00 LAK
25 September 2023	1 AWG = 11119.30 LAK
27 September 2023	1 AWG = 11202.20 LAK
28 September 2023	1 AWG = 11265.40 LAK
29 September 2023	1 AWG = 11312.80 LAK
30 September 2023	1 AWG = 11393.30 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.

Historic Aruban florin Lao kip