Belarusian ruble lao kip exchange rate history (BYN LAK) August 2023

Belarusian ruble lao kip history for August 2023. The highest quote for this month is 7706.22 (31/08/2023) and the lowest 7702.2 (29/08/2023). The difference between high and low is 0.05.

BYN LAK average rate for August 2023 is 7631.05615, the change between 01/08/2023 and 31/08/2023 is -2.04 %.

01 August 2023	1 BYN = 7546.27 LAK
02 August 2023	1 BYN = 7538.10 LAK
03 August 2023	1 BYN = 7599.44 LAK
04 August 2023	1 BYN = 7564.47 LAK
07 August 2023	1 BYN = 7622.12 LAK
08 August 2023	1 BYN = 7617.31 LAK
09 August 2023	1 BYN = 7619.18 LAK
10 August 2023	1 BYN = 7623.53 LAK
11 August 2023	1 BYN = 7625.00 LAK
12 August 2023	1 BYN = 7688.10 LAK
14 August 2023	1 BYN = 7624.46 LAK
15 August 2023	1 BYN = 7575.15 LAK
16 August 2023	1 BYN = 7587.97 LAK
17 August 2023	1 BYN = 7605.61 LAK
18 August 2023	1 BYN = 7625.44 LAK
19 August 2023	1 BYN = 7619.33 LAK
20 August 2023	1 BYN = 7619.33 LAK
21 August 2023	1 BYN = 7651.36 LAK
22 August 2023	1 BYN = 7663.68 LAK
23 August 2023	1 BYN = 7658.52 LAK
24 August 2023	1 BYN = 7659.22 LAK
25 August 2023	1 BYN = 7680.56 LAK
28 August 2023	1 BYN = 7692.98 LAK
29 August 2023	1 BYN = 7702.24 LAK
30 August 2023	1 BYN = 7697.88 LAK
31 August 2023	1 BYN = 7700.21 LAK

01/01/2021: Introduction of New Banknotes

New banknotes with enhanced security features were introduced, replacing the previous designs.

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.

20/12/2016: Abolishment of Currency Controls

Belarus abolished most of the currency controls, allowing for greater flexibility in foreign currency transactions.

01/01/2015: Introduction of Currency Controls

To stabilize the economy, Belarus implemented currency controls, restricting foreign currency transactions.

22/12/2014: Devaluation of the Belarusian Ruble

The Belarusian Ruble experienced a significant devaluation, causing a sharp drop in its value against major currencies.

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.

01/07/2011: Creation of the Single Currency Market

The Single Currency Market was established, allowing for unified exchange rates between the Belarusian Ruble and foreign currencies.

01/01/2000: Redenomination of the Belarusian Ruble

The Belarusian Ruble underwent a redenomination, with four zeros being removed from the currency.

02/07/1997: Lao kip devalued

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

26/05/1992: Introduction of the Belarusian Ruble

The Belarusian Ruble was introduced as the official currency of Belarus, replacing the Soviet ruble.

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 Belarusian ruble Lao kip