Historic Bolivian boliviano Lao kip

Bolivian boliviano lao kip history for January 2024. The highest quote for this month is 3073.8 (30/01/2024) and the lowest 3049.52 (31/01/2024). The difference between high and low is 0.79.

BOB LAK average rate for January 2024 is 3045.13185, the change between 01/01/2024 and 31/01/2024 is -1.86 %.

01 January 20241 BOB = 3018.25 LAK
02 January 20241 BOB = 3018.25 LAK
03 January 20241 BOB = 3046.17 LAK
04 January 20241 BOB = 3050.49 LAK
05 January 20241 BOB = 3061.02 LAK
06 January 20241 BOB = 3001.31 LAK
07 January 20241 BOB = 3005.69 LAK
08 January 20241 BOB = 3029.01 LAK
09 January 20241 BOB = 3060.90 LAK
10 January 20241 BOB = 3029.64 LAK
11 January 20241 BOB = 3059.25 LAK
12 January 20241 BOB = 3057.86 LAK
14 January 20241 BOB = 3002.04 LAK
15 January 20241 BOB = 3032.03 LAK
16 January 20241 BOB = 3033.82 LAK
17 January 20241 BOB = 3033.03 LAK
18 January 20241 BOB = 3068.79 LAK
19 January 20241 BOB = 3068.64 LAK
22 January 20241 BOB = 3040.28 LAK
23 January 20241 BOB = 3068.77 LAK
24 January 20241 BOB = 3071.45 LAK
25 January 20241 BOB = 3073.59 LAK
26 January 20241 BOB = 3070.99 LAK
28 January 20241 BOB = 3021.31 LAK
29 January 20241 BOB = 3046.90 LAK
30 January 20241 BOB = 3074.84 LAK
31 January 20241 BOB = 3074.24 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.

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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

02/07/1997: Lao kip devalued

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

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

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.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

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.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.
BOB LAK January 2024
BOB LAK February 2024
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BOB LAK June 2024
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BOB LAK January 2025