Brunei dollar lao kip exchange rate history (BND LAK) September 2023

Brunei dollar lao kip history for September 2023. The highest quote for this month is 15020.1 (29/09/2023) and the lowest 15003.5 (29/09/2023). The difference between high and low is 0.11.

BND LAK average rate for September 2023 is 14765.83636, the change between 01/09/2023 and 30/09/2023 is -1.64 %.

01 September 2023	1 BND = 14617.90 LAK
04 September 2023	1 BND = 14657.90 LAK
05 September 2023	1 BND = 14649.10 LAK
06 September 2023	1 BND = 14559.90 LAK
07 September 2023	1 BND = 14685.60 LAK
08 September 2023	1 BND = 14651.00 LAK
11 September 2023	1 BND = 14614.30 LAK
12 September 2023	1 BND = 14750.30 LAK
13 September 2023	1 BND = 14731.40 LAK
14 September 2023	1 BND = 14736.70 LAK
15 September 2023	1 BND = 14789.60 LAK
18 September 2023	1 BND = 14744.40 LAK
19 September 2023	1 BND = 14822.50 LAK
20 September 2023	1 BND = 14848.50 LAK
21 September 2023	1 BND = 14852.70 LAK
22 September 2023	1 BND = 14853.90 LAK
23 September 2023	1 BND = 14678.90 LAK
25 September 2023	1 BND = 14818.60 LAK
27 September 2023	1 BND = 14936.40 LAK
28 September 2023	1 BND = 14953.50 LAK
29 September 2023	1 BND = 15038.20 LAK
30 September 2023	1 BND = 14857.10 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.

Historic Brunei dollar Lao kip