Historic Bahamian dollar Lao kip

Bahamian dollar lao kip history for February 2024. The highest quote for this month is 20954.4 (15/02/2024) and the lowest 20832 (24/02/2024). The difference between high and low is 0.58.

BSD LAK average rate for February 2024 is 20847.13333, the change between 01/02/2024 and 29/02/2024 is +0.36 %.

01 February 20241 BSD = 20846.70 LAK
02 February 20241 BSD = 20862.40 LAK
03 February 20241 BSD = 20734.00 LAK
04 February 20241 BSD = 20734.00 LAK
05 February 20241 BSD = 20668.60 LAK
06 February 20241 BSD = 20709.40 LAK
07 February 20241 BSD = 20897.10 LAK
08 February 20241 BSD = 20922.30 LAK
09 February 20241 BSD = 20904.70 LAK
12 February 20241 BSD = 20732.60 LAK
13 February 20241 BSD = 20929.80 LAK
14 February 20241 BSD = 20935.50 LAK
15 February 20241 BSD = 20946.30 LAK
16 February 20241 BSD = 20964.40 LAK
17 February 20241 BSD = 20822.00 LAK
18 February 20241 BSD = 20822.00 LAK
19 February 20241 BSD = 20757.40 LAK
20 February 20241 BSD = 20757.10 LAK
21 February 20241 BSD = 20932.80 LAK
22 February 20241 BSD = 20947.00 LAK
23 February 20241 BSD = 20943.20 LAK
24 February 20241 BSD = 20832.00 LAK
25 February 20241 BSD = 20832.00 LAK
26 February 20241 BSD = 20768.80 LAK
27 February 20241 BSD = 20947.00 LAK
28 February 20241 BSD = 20951.90 LAK
29 February 20241 BSD = 20771.60 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.

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

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.

02/07/1997: Lao kip devalued

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

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.

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

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.

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.
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