Israeli Sheqel lao kip exchange rate history (ILS LAK) October 2023

Israeli Sheqel lao kip history for October 2023. The highest quote for this month is 5315.02 (01/10/2023) and the lowest 5331.27 (07/10/2023). The difference between high and low is -0.31.

ILS LAK average rate for October 2023 is 5160.19, the change between 01/10/2023 and 31/10/2023 is +3.81 %.

01 October 2023	1 ILS = 5330.78 LAK
02 October 2023	1 ILS = 5308.83 LAK
03 October 2023	1 ILS = 5288.94 LAK
04 October 2023	1 ILS = 5292.31 LAK
05 October 2023	1 ILS = 5304.12 LAK
06 October 2023	1 ILS = 5228.57 LAK
07 October 2023	1 ILS = 5328.77 LAK
09 October 2023	1 ILS = 5227.83 LAK
10 October 2023	1 ILS = 5127.72 LAK
11 October 2023	1 ILS = 5182.07 LAK
12 October 2023	1 ILS = 5177.15 LAK
13 October 2023	1 ILS = 5163.33 LAK
16 October 2023	1 ILS = 5142.05 LAK
17 October 2023	1 ILS = 5157.86 LAK
18 October 2023	1 ILS = 5129.91 LAK
19 October 2023	1 ILS = 5073.44 LAK
20 October 2023	1 ILS = 5114.36 LAK
21 October 2023	1 ILS = 5095.27 LAK
22 October 2023	1 ILS = 5095.40 LAK
23 October 2023	1 ILS = 5036.55 LAK
24 October 2023	1 ILS = 5093.16 LAK
25 October 2023	1 ILS = 5090.33 LAK
26 October 2023	1 ILS = 5083.11 LAK
27 October 2023	1 ILS = 5066.05 LAK
28 October 2023	1 ILS = 5088.84 LAK
29 October 2023	1 ILS = 5085.97 LAK
30 October 2023	1 ILS = 5044.75 LAK
31 October 2023	1 ILS = 5127.85 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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

02/07/1997: Lao kip devalued

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

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the 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.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

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.

Historic Israeli Sheqel Lao kip