Historic Belize dollar Lao kip

Belize dollar lao kip history for February 2024. The highest quote for this month is 10572.3 (15/02/2024) and the lowest 10483.6 (14/02/2024). The difference between high and low is 0.84.

BZD LAK average rate for February 2024 is 10498.88519, the change between 01/02/2024 and 29/02/2024 is +0.35 %.

01 February 20241 BZD = 10516.30 LAK
02 February 20241 BZD = 10523.80 LAK
03 February 20241 BZD = 10378.40 LAK
04 February 20241 BZD = 10378.40 LAK
05 February 20241 BZD = 10425.90 LAK
06 February 20241 BZD = 10448.10 LAK
07 February 20241 BZD = 10543.30 LAK
08 February 20241 BZD = 10555.30 LAK
09 February 20241 BZD = 10546.50 LAK
12 February 20241 BZD = 10459.20 LAK
13 February 20241 BZD = 10558.70 LAK
14 February 20241 BZD = 10561.80 LAK
15 February 20241 BZD = 10568.50 LAK
16 February 20241 BZD = 10577.40 LAK
17 February 20241 BZD = 10423.00 LAK
18 February 20241 BZD = 10423.00 LAK
19 February 20241 BZD = 10471.60 LAK
20 February 20241 BZD = 10472.10 LAK
21 February 20241 BZD = 10560.80 LAK
22 February 20241 BZD = 10566.90 LAK
23 February 20241 BZD = 10564.20 LAK
24 February 20241 BZD = 10427.50 LAK
25 February 20241 BZD = 10427.50 LAK
26 February 20241 BZD = 10476.90 LAK
27 February 20241 BZD = 10566.60 LAK
28 February 20241 BZD = 10569.00 LAK
29 February 20241 BZD = 10479.20 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.

01/05/2017: Introduction of a two-dollar coin

Belize introduced a new denomination in the form of a two-dollar coin, reducing the dependency on smaller denomination 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.

26/09/2011: Launching of new designs

The Central Bank of Belize introduced a new series of banknotes with updated designs, depicting prominent national landmarks and personalities.

24/06/2001: Introduction of polymer banknotes

Belize became one of the first countries in the region to introduce polymer banknotes, enhancing durability and security.

02/07/1997: Lao kip devalued

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

01/04/1990: Establishment of the Central Bank of Belize

The Central Bank of Belize was established to oversee monetary policies and ensure financial stability in the country.

01/12/1982: Conversion to decimal currency

Belize adopted a decimal currency system with the introduction of a new series of banknotes and coins.

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.

01/07/1978: Independence of Belize

Belize gained independence from the United Kingdom, solidifying the Belize dollar as the national currency.

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.

01/11/1976: Introduction of the Belize dollar

The Belize dollar was introduced as the official currency of Belize to replace the British Honduran dollar.

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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