Historic Brunei dollar Lao kip

Brunei dollar lao kip history for December 2023. The highest quote for this month is 15840.7 (28/12/2023) and the lowest 15791.2 (26/12/2023). The difference between high and low is 0.31.

BND LAK average rate for December 2023 is 15621.57143, the change between 01/12/2023 and 31/12/2023 is -1.26 %.

01 December 20231 BND = 15565.40 LAK
02 December 20231 BND = 15513.00 LAK
03 December 20231 BND = 15511.80 LAK
04 December 20231 BND = 15581.70 LAK
05 December 20231 BND = 15749.00 LAK
06 December 20231 BND = 15705.00 LAK
07 December 20231 BND = 15548.10 LAK
08 December 20231 BND = 15691.40 LAK
10 December 20231 BND = 15447.20 LAK
11 December 20231 BND = 15574.80 LAK
12 December 20231 BND = 15672.30 LAK
13 December 20231 BND = 15564.80 LAK
14 December 20231 BND = 15657.80 LAK
15 December 20231 BND = 15792.00 LAK
16 December 20231 BND = 15433.90 LAK
17 December 20231 BND = 15437.40 LAK
18 December 20231 BND = 15571.60 LAK
19 December 20231 BND = 15571.10 LAK
20 December 20231 BND = 15648.40 LAK
21 December 20231 BND = 15717.90 LAK
22 December 20231 BND = 15758.10 LAK
23 December 20231 BND = 15529.40 LAK
24 December 20231 BND = 15528.20 LAK
25 December 20231 BND = 15631.60 LAK
26 December 20231 BND = 15642.10 LAK
27 December 20231 BND = 15749.00 LAK
28 December 20231 BND = 15849.00 LAK
29 December 20231 BND = 15762.00 LAK

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

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.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

02/07/1997: Lao kip devalued

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

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

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.
BND LAK July 2023
BND LAK August 2023
BND LAK September 2023
BND LAK October 2023
BND LAK November 2023
BND LAK December 2023
BND LAK January 2024
BND LAK February 2024
BND LAK March 2024
BND LAK April 2024
BND LAK May 2024
BND LAK June 2024
BND LAK July 2024