Historic Surinamese dollar Lao kip

Surinamese dollar lao kip history for January 2024. The highest quote for this month is 569.86 (07/01/2024) and the lowest 569.86 (06/01/2024). The difference between high and low is 0.

SRD LAK average rate for January 2024 is 564.65704, the change between 01/01/2024 and 31/01/2024 is -1.01 %.

01 January 20241 SRD = 560.8 LAK
02 January 20241 SRD = 561.3 LAK
03 January 20241 SRD = 572.6 LAK
04 January 20241 SRD = 563.3 LAK
05 January 20241 SRD = 569.9 LAK
06 January 20241 SRD = 569.9 LAK
07 January 20241 SRD = 569.9 LAK
08 January 20241 SRD = 554.4 LAK
09 January 20241 SRD = 564.3 LAK
10 January 20241 SRD = 558.2 LAK
11 January 20241 SRD = 560.2 LAK
12 January 20241 SRD = 567.3 LAK
14 January 20241 SRD = 567.8 LAK
15 January 20241 SRD = 561.6 LAK
16 January 20241 SRD = 558.6 LAK
17 January 20241 SRD = 558.0 LAK
18 January 20241 SRD = 560.9 LAK
19 January 20241 SRD = 570.6 LAK
22 January 20241 SRD = 567.6 LAK
23 January 20241 SRD = 562.4 LAK
24 January 20241 SRD = 565.0 LAK
25 January 20241 SRD = 565.5 LAK
26 January 20241 SRD = 566.2 LAK
28 January 20241 SRD = 567.0 LAK
29 January 20241 SRD = 564.1 LAK
30 January 20241 SRD = 572.1 LAK
31 January 20241 SRD = 566.4 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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