Historic Surinamese dollar Lao kip

Surinamese dollar lao kip history for February 2024. The highest quote for this month is 593.72 (27/02/2024) and the lowest 589.95 (28/02/2024). The difference between high and low is 0.63.

SRD LAK average rate for February 2024 is 579.09333, the change between 01/02/2024 and 29/02/2024 is -3.82 %.

01 February 20241 SRD = 567.1 LAK
02 February 20241 SRD = 568.9 LAK
03 February 20241 SRD = 569.3 LAK
04 February 20241 SRD = 569.3 LAK
05 February 20241 SRD = 571.7 LAK
06 February 20241 SRD = 565.3 LAK
07 February 20241 SRD = 573.9 LAK
08 February 20241 SRD = 572.9 LAK
09 February 20241 SRD = 574.0 LAK
12 February 20241 SRD = 568.5 LAK
13 February 20241 SRD = 574.5 LAK
14 February 20241 SRD = 577.8 LAK
15 February 20241 SRD = 578.1 LAK
16 February 20241 SRD = 578.8 LAK
17 February 20241 SRD = 578.9 LAK
18 February 20241 SRD = 578.9 LAK
19 February 20241 SRD = 576.6 LAK
20 February 20241 SRD = 585.4 LAK
21 February 20241 SRD = 586.3 LAK
22 February 20241 SRD = 587.1 LAK
23 February 20241 SRD = 588.0 LAK
24 February 20241 SRD = 588.5 LAK
25 February 20241 SRD = 588.5 LAK
26 February 20241 SRD = 589.4 LAK
27 February 20241 SRD = 594.3 LAK
28 February 20241 SRD = 594.9 LAK
29 February 20241 SRD = 588.8 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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