Historic Surinamese dollar Lao kip

Surinamese dollar lao kip history for December 2023. The highest quote for this month is 557.47 (10/12/2023) and the lowest 564.72 (24/12/2023). The difference between high and low is -1.3.

SRD LAK average rate for December 2023 is 552.76333, the change between 01/12/2023 and 31/12/2023 is -4.04 %.

01 December 20231 SRD = 543.0 LAK
02 December 20231 SRD = 550.1 LAK
03 December 20231 SRD = 550.1 LAK
04 December 20231 SRD = 550.1 LAK
05 December 20231 SRD = 549.9 LAK
06 December 20231 SRD = 549.4 LAK
07 December 20231 SRD = 544.0 LAK
08 December 20231 SRD = 556.7 LAK
10 December 20231 SRD = 557.5 LAK
11 December 20231 SRD = 553.3 LAK
12 December 20231 SRD = 558.0 LAK
13 December 20231 SRD = 553.3 LAK
14 December 20231 SRD = 553.4 LAK
15 December 20231 SRD = 548.4 LAK
16 December 20231 SRD = 546.8 LAK
17 December 20231 SRD = 546.8 LAK
18 December 20231 SRD = 550.4 LAK
19 December 20231 SRD = 551.0 LAK
20 December 20231 SRD = 552.3 LAK
21 December 20231 SRD = 554.4 LAK
22 December 20231 SRD = 555.2 LAK
23 December 20231 SRD = 554.4 LAK
24 December 20231 SRD = 564.7 LAK
26 December 20231 SRD = 549.4 LAK
27 December 20231 SRD = 556.8 LAK
28 December 20231 SRD = 560.8 LAK
29 December 20231 SRD = 564.9 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.

01/01/2019: Redenomination of the Surinamese dollar

The Surinamese dollar underwent a redenomination with 1 new dollar (SRD) being equal to 1,000 old dollars (SRG).

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.

01/01/2011: Introduction of new banknotes

New banknotes with updated designs and security features were introduced to replace the older series of Surinamese dollar banknotes.

01/01/2004: Replacement of banknotes

New banknotes were introduced with enhanced security features to replace the older series of Surinamese dollar banknotes.

02/07/1997: Lao kip devalued

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

23/12/1991: Devaluation of the Surinamese dollar

The Surinamese dollar was devalued by 100%, resulting in an exchange rate of 1 dollar to 200 guilders.

01/10/1985: Introduction of the Surinamese dollar

The Surinamese dollar was introduced as the new currency of Suriname at a rate of 1 dollar to 1,000 guilders.

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.

01/01/1962: Introduction of the Surinamese guilder

The Surinamese guilder was introduced as the official currency of Suriname, replacing the Dutch guilder.

31/12/1954: Independence of Suriname

Suriname gained independence from the Kingdom of the Netherlands, leading to the introduction of the Surinamese guilder as its official currency.

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.
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