Historic Bahraini dinar Lao kip

Bahraini dinar lao kip history for February 2024. The highest quote for this month is 55272 (24/02/2024) and the lowest 56514.1 (19/02/2024). The difference between high and low is -2.25.

BHD LAK average rate for February 2024 is 55551.85185, the change between 01/02/2024 and 29/02/2024 is +0.37 %.

01 February 20241 BHD = 55260.10 LAK
02 February 20241 BHD = 55366.00 LAK
03 February 20241 BHD = 55011.90 LAK
04 February 20241 BHD = 55011.90 LAK
05 February 20241 BHD = 56257.30 LAK
06 February 20241 BHD = 55058.40 LAK
07 February 20241 BHD = 55519.30 LAK
08 February 20241 BHD = 55575.00 LAK
09 February 20241 BHD = 55536.70 LAK
12 February 20241 BHD = 56453.00 LAK
13 February 20241 BHD = 55573.20 LAK
14 February 20241 BHD = 55604.00 LAK
15 February 20241 BHD = 55616.90 LAK
16 February 20241 BHD = 55653.90 LAK
17 February 20241 BHD = 55245.40 LAK
18 February 20241 BHD = 55245.40 LAK
19 February 20241 BHD = 56514.10 LAK
20 February 20241 BHD = 55109.50 LAK
21 February 20241 BHD = 55588.20 LAK
22 February 20241 BHD = 55638.90 LAK
23 February 20241 BHD = 55651.50 LAK
24 February 20241 BHD = 55272.00 LAK
25 February 20241 BHD = 55272.00 LAK
26 February 20241 BHD = 56559.50 LAK
27 February 20241 BHD = 55634.10 LAK
28 February 20241 BHD = 55618.70 LAK
29 February 20241 BHD = 55053.10 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.

19/05/2019: Launch of New Bahraini Dinar Series

A new series of Bahraini dinar banknotes was launched, featuring enhanced security features, updated designs, and braille markings for the visually impaired.

06/02/2014: Introduction of Polymer Banknotes

Bahrain introduced polymer banknotes for the first time, enhancing durability and security of the currency.

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.

30/09/2006: Bahraini Dinar Convertibility

Bahrain lifted the restrictions on the convertibility of the Bahraini dinar, allowing it to be freely traded and exchanged internationally.

20/08/2001: Bahraini Dinar Second Edition

A new series of Bahraini dinar banknotes was introduced, featuring enhanced security features and updated designs.

02/07/1997: Lao kip devalued

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

24/06/1994: Establishment of the Bahrain Monetary Agency

The Bahrain Monetary Agency (now known as the Central Bank of Bahrain) was established to regulate and oversee the Bahraini dinar.

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.

31/12/1972: Bahrain Dinar Pegged to US Dollar

The Bahraini Dinar was pegged to the US Dollar at a fixed exchange rate of 1 dinar = $2.80, which continues to this day.

15/10/1965: Introduction of the Bahraini Dinar

The Bahraini Dinar was introduced as the official currency of Bahrain, replacing the Gulf rupee at a rate of 1 dinar = 10 rupees.

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.
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