Dominican Peso lao kip exchange rate history (DOP LAK) December 2023

Dominican Peso lao kip history for December 2023. The highest quote for this month is 365.28 (01/12/2023) and the lowest 365.36 (06/12/2023). The difference between high and low is -0.02.

DOP LAK average rate for December 2023 is 361.29107, the change between 01/12/2023 and 31/12/2023 is +1.52 %.

01 December 2023	1 DOP = 361.7 LAK
02 December 2023	1 DOP = 365.1 LAK
03 December 2023	1 DOP = 365.1 LAK
04 December 2023	1 DOP = 364.2 LAK
05 December 2023	1 DOP = 365.6 LAK
06 December 2023	1 DOP = 365.2 LAK
07 December 2023	1 DOP = 365.4 LAK
08 December 2023	1 DOP = 364.7 LAK
10 December 2023	1 DOP = 364.4 LAK
11 December 2023	1 DOP = 364.4 LAK
12 December 2023	1 DOP = 365.1 LAK
13 December 2023	1 DOP = 360.8 LAK
14 December 2023	1 DOP = 368.1 LAK
15 December 2023	1 DOP = 362.1 LAK
16 December 2023	1 DOP = 359.9 LAK
17 December 2023	1 DOP = 359.9 LAK
18 December 2023	1 DOP = 360.2 LAK
19 December 2023	1 DOP = 357.5 LAK
20 December 2023	1 DOP = 358.9 LAK
21 December 2023	1 DOP = 358.6 LAK
22 December 2023	1 DOP = 358.9 LAK
23 December 2023	1 DOP = 357.0 LAK
24 December 2023	1 DOP = 357.0 LAK
25 December 2023	1 DOP = 357.6 LAK
26 December 2023	1 DOP = 357.6 LAK
27 December 2023	1 DOP = 357.0 LAK
28 December 2023	1 DOP = 358.2 LAK
29 December 2023	1 DOP = 356.2 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.

01/10/2018: Redesign and Modernization of Banknotes

The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.

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.

01/12/2011: New Security Features

To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.

01/03/2004: Transition to the Peso Dominicano

The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary stability.

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.

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.

11/10/1947: Introduction of the Peso Oro

The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed exchange rate.

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.

09/01/1905: The Monetary Law of 1905

The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.

17/03/1877: Introduction of Paper Money

The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.

27/02/1844: Dominican Independence

After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.

Historic Dominican Peso Lao kip