Fijian Dollar lao kip exchange rate history (FJD LAK) December 2023

Fijian Dollar lao kip history for December 2023. The highest quote for this month is 9411.44 (26/12/2023) and the lowest 9411.44 (26/12/2023). The difference between high and low is 0.

FJD LAK average rate for December 2023 is 9303.95714, the change between 01/12/2023 and 31/12/2023 is -2.03 %.

01 December 2023	1 FJD = 9216.24 LAK
04 December 2023	1 FJD = 9277.45 LAK
05 December 2023	1 FJD = 9320.20 LAK
06 December 2023	1 FJD = 9280.71 LAK
07 December 2023	1 FJD = 9213.45 LAK
08 December 2023	1 FJD = 9314.48 LAK
11 December 2023	1 FJD = 9224.45 LAK
12 December 2023	1 FJD = 9296.27 LAK
13 December 2023	1 FJD = 9214.32 LAK
14 December 2023	1 FJD = 9359.44 LAK
15 December 2023	1 FJD = 9363.36 LAK
18 December 2023	1 FJD = 9297.17 LAK
19 December 2023	1 FJD = 9250.47 LAK
20 December 2023	1 FJD = 9334.40 LAK
21 December 2023	1 FJD = 9354.52 LAK
22 December 2023	1 FJD = 9314.32 LAK
25 December 2023	1 FJD = 9310.05 LAK
26 December 2023	1 FJD = 9316.31 LAK
27 December 2023	1 FJD = 9363.59 LAK
28 December 2023	1 FJD = 9358.66 LAK
29 December 2023	1 FJD = 9403.24 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.

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.

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

02/07/1997: Lao kip devalued

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

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

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.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

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.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.

Historic Fijian Dollar Lao kip