Historic Haitian gourde Lao kip

Haitian gourde lao kip history for February 2024. The highest quote for this month is 159.13 (15/02/2024) and the lowest 158.25 (17/02/2024). The difference between high and low is 0.55.

HTG LAK average rate for February 2024 is 158.07519, the change between 01/02/2024 and 29/02/2024 is +1.28 %.

01 February 20241 HTG = 158.4 LAK
02 February 20241 HTG = 158.7 LAK
03 February 20241 HTG = 157.7 LAK
04 February 20241 HTG = 157.7 LAK
05 February 20241 HTG = 157.3 LAK
06 February 20241 HTG = 157.5 LAK
07 February 20241 HTG = 158.8 LAK
08 February 20241 HTG = 159.0 LAK
09 February 20241 HTG = 158.9 LAK
12 February 20241 HTG = 157.5 LAK
13 February 20241 HTG = 159.0 LAK
14 February 20241 HTG = 159.0 LAK
15 February 20241 HTG = 159.1 LAK
16 February 20241 HTG = 159.2 LAK
17 February 20241 HTG = 158.3 LAK
18 February 20241 HTG = 158.3 LAK
19 February 20241 HTG = 157.5 LAK
20 February 20241 HTG = 157.1 LAK
21 February 20241 HTG = 158.4 LAK
22 February 20241 HTG = 158.2 LAK
23 February 20241 HTG = 158.2 LAK
24 February 20241 HTG = 157.8 LAK
25 February 20241 HTG = 157.8 LAK
26 February 20241 HTG = 156.7 LAK
27 February 20241 HTG = 157.9 LAK
28 February 20241 HTG = 157.9 LAK
29 February 20241 HTG = 156.4 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.

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.

22/12/2003: Redenomination of the Haitian Currency

To simplify transactions, the Haitian government removes three zeros from the gourde and renames it as the Haitian dollar (HTD), later reverting to the gourde (HTG).

02/07/1997: Lao kip devalued

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

30/09/1991: Overthrow of President Jean-Bertrand Aristide

Political instability and economic crisis lead to President Aristide's ousting, causing further depreciation of the gourde.

01/05/1989: Introduction of the Third Haitian Gourde

A third gourde is introduced to replace the second gourde at a ratio of 1:5, with hopes of stabilizing the economy.

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.

01/02/1967: Introduction of the Second Haitian Gourde

To combat inflation, Haiti replaces the first gourde with a new currency, the second gourde, at a ratio of 1:100.

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.

01/07/1912: Establishment of the Banque Nationale de la République d'Haïti

The Banque Nationale de la République d'Haïti is founded as the central bank responsible for managing the gourde.

01/01/1874: Introduction of the First Haitian Gourde

The Haitian government issues the first official currency, the gourde, to replace various fractional currencies.

01/01/1804: Declaration of Independence

After gaining independence from France, Haiti adopts the gourde as its national currency.
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