Bulgarian lev lao kip exchange rate history (BGN LAK) October 2023

Bulgarian lev lao kip history for October 2023. The highest quote for this month is 11224.7 (24/10/2023) and the lowest 11232.5 (31/10/2023). The difference between high and low is -0.07.

BGN LAK average rate for October 2023 is 11112.43182, the change between 01/10/2023 and 31/10/2023 is -2.61 %.

02 October 2023	1 BGN = 10988.30 LAK
03 October 2023	1 BGN = 10935.80 LAK
04 October 2023	1 BGN = 10950.90 LAK
05 October 2023	1 BGN = 11032.50 LAK
06 October 2023	1 BGN = 10955.00 LAK
09 October 2023	1 BGN = 10957.20 LAK
10 October 2023	1 BGN = 11000.80 LAK
11 October 2023	1 BGN = 11149.20 LAK
12 October 2023	1 BGN = 11178.10 LAK
13 October 2023	1 BGN = 11086.40 LAK
16 October 2023	1 BGN = 11041.20 LAK
17 October 2023	1 BGN = 11194.00 LAK
18 October 2023	1 BGN = 11210.20 LAK
19 October 2023	1 BGN = 11059.70 LAK
20 October 2023	1 BGN = 11235.90 LAK
23 October 2023	1 BGN = 11109.00 LAK
24 October 2023	1 BGN = 11345.10 LAK
25 October 2023	1 BGN = 11224.90 LAK
26 October 2023	1 BGN = 11215.50 LAK
27 October 2023	1 BGN = 11212.80 LAK
30 October 2023	1 BGN = 11116.30 LAK
31 October 2023	1 BGN = 11274.70 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