Historic Kenyan shilling Lao kip

Kenyan shilling lao kip history for February 2024. The highest quote for this month is 143.94 (20/02/2024) and the lowest 147.18 (19/02/2024). The difference between high and low is -2.25.

KES LAK average rate for February 2024 is 136.90778, the change between 01/02/2024 and 29/02/2024 is -9.58 %.

01 February 20241 KES = 129.6 LAK
02 February 20241 KES = 129.5 LAK
03 February 20241 KES = 129.6 LAK
04 February 20241 KES = 129.6 LAK
05 February 20241 KES = 127.5 LAK
06 February 20241 KES = 127.7 LAK
07 February 20241 KES = 129.8 LAK
08 February 20241 KES = 129.9 LAK
09 February 20241 KES = 130.7 LAK
12 February 20241 KES = 127.8 LAK
13 February 20241 KES = 130.8 LAK
14 February 20241 KES = 131.2 LAK
15 February 20241 KES = 134.7 LAK
16 February 20241 KES = 139.3 LAK
17 February 20241 KES = 143.6 LAK
18 February 20241 KES = 143.6 LAK
19 February 20241 KES = 147.2 LAK
20 February 20241 KES = 142.7 LAK
21 February 20241 KES = 143.5 LAK
22 February 20241 KES = 143.5 LAK
23 February 20241 KES = 143.6 LAK
24 February 20241 KES = 143.7 LAK
25 February 20241 KES = 143.7 LAK
26 February 20241 KES = 145.2 LAK
27 February 20241 KES = 143.0 LAK
28 February 20241 KES = 143.5 LAK
29 February 20241 KES = 142.0 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.

01/10/2019: New Generation Banknotes

Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.

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.

01/07/2010: Introduction of New Currency Denominations

Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.

02/07/1997: Lao kip devalued

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

14/09/1994: Transition to New Currency

Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.

01/07/1985: Second Devaluation of the Shilling

The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.

14/09/1980: Devaluation of the Shilling

The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.

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.

14/06/1969: Decimalization of the Shilling

Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.

14/06/1966: Introduction of the Kenyan Shilling

The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.

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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