Bulgarian lev lao kip exchange rate history (BGN LAK) January 2024

Bulgarian lev lao kip history for January 2024. The highest quote for this month is 11557.4 (11/01/2024) and the lowest 11562.3 (01/01/2024). The difference between high and low is -0.04.

BGN LAK average rate for January 2024 is 11517.96087, the change between 01/01/2024 and 31/01/2024 is +0.12 %.

01 January 2024	1 BGN = 11538.20 LAK
02 January 2024	1 BGN = 11556.10 LAK
03 January 2024	1 BGN = 11532.40 LAK
04 January 2024	1 BGN = 11517.50 LAK
05 January 2024	1 BGN = 11590.10 LAK
08 January 2024	1 BGN = 11429.20 LAK
09 January 2024	1 BGN = 11586.50 LAK
10 January 2024	1 BGN = 11449.30 LAK
11 January 2024	1 BGN = 11610.10 LAK
12 January 2024	1 BGN = 11616.40 LAK
15 January 2024	1 BGN = 11461.30 LAK
16 January 2024	1 BGN = 11477.20 LAK
17 January 2024	1 BGN = 11406.50 LAK
18 January 2024	1 BGN = 11534.00 LAK
19 January 2024	1 BGN = 11540.50 LAK
22 January 2024	1 BGN = 11442.10 LAK
23 January 2024	1 BGN = 11546.60 LAK
24 January 2024	1 BGN = 11524.00 LAK
25 January 2024	1 BGN = 11569.40 LAK
26 January 2024	1 BGN = 11524.70 LAK
29 January 2024	1 BGN = 11442.00 LAK
30 January 2024	1 BGN = 11495.10 LAK
31 January 2024	1 BGN = 11523.90 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.

06/05/2015: Pegged to the euro

The Bulgarian Lev officially became a currency pegged to the euro, maintaining a fixed exchange rate, on May 6, 2015.

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.

01/01/2002: Replacement of notes and coins

New series of notes and coins for the Bulgarian Lev were introduced, replacing the previous designs on January 1, 2002.

01/07/1999: Currency board arrangement

Bulgaria implemented a currency board arrangement, fixing the Bulgarian Lev to the euro at a rate of 1.95583 on July 1, 1999.

02/07/1997: Lao kip devalued

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

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.

15/09/1962: Introduction of the New Lev

The New Lev was introduced as a new currency in Bulgaria, replacing the Lev A, on September 15, 1962.

01/12/1952: Lev replaced by Lev A

The Bulgarian Lev was replaced by a new currency named Lev A on December 1, 1952 as a result of currency reform.

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.

14/10/1923: Hyperinflation

Bulgaria experienced severe hyperinflation, causing the value of the Lev currency to plummet during the period from 1923 to 1924.

01/04/1881: Introduction of the Lev

The Bulgarian Lev currency was introduced as the official currency of Bulgaria on April 1, 1881.

Historic Bulgarian lev Lao kip