Historic Lao kip Aruban florin

Lao kip aruban florin history for January 2024. The highest quote for this month is 0.000088 (01/01/2024) and the lowest 0.000088 (01/01/2024). The difference between high and low is 0.

LAK AWG average rate for January 2024 is 0.00009, the change between 01/01/2024 and 31/01/2024 is +1.14 %.

01 January 20241 LAK = 0.0001 AWG
02 January 20241 LAK = 0.0001 AWG
03 January 20241 LAK = 0.0001 AWG
04 January 20241 LAK = 0.0001 AWG
05 January 20241 LAK = 0.0001 AWG
06 January 20241 LAK = 0.0001 AWG
07 January 20241 LAK = 0.0001 AWG
08 January 20241 LAK = 0.0001 AWG
09 January 20241 LAK = 0.0001 AWG
10 January 20241 LAK = 0.0001 AWG
11 January 20241 LAK = 0.0001 AWG
12 January 20241 LAK = 0.0001 AWG
14 January 20241 LAK = 0.0001 AWG
15 January 20241 LAK = 0.0001 AWG
16 January 20241 LAK = 0.0001 AWG
17 January 20241 LAK = 0.0001 AWG
18 January 20241 LAK = 0.0001 AWG
19 January 20241 LAK = 0.0001 AWG
22 January 20241 LAK = 0.0001 AWG
23 January 20241 LAK = 0.0001 AWG
24 January 20241 LAK = 0.0001 AWG
25 January 20241 LAK = 0.0001 AWG
26 January 20241 LAK = 0.0001 AWG
28 January 20241 LAK = 0.0001 AWG
29 January 20241 LAK = 0.0001 AWG
30 January 20241 LAK = 0.0001 AWG
31 January 20241 LAK = 0.0001 AWG

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.

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

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 polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

02/07/1997: Lao kip devalued

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

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.

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.

01/01/1952: 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.
LAK AWG January 2024
LAK AWG February 2024
LAK AWG March 2024
LAK AWG April 2024
LAK AWG May 2024
LAK AWG June 2024
LAK AWG July 2024
LAK AWG August 2024
LAK AWG September 2024
LAK AWG October 2024
LAK AWG November 2024
LAK AWG December 2024
LAK AWG January 2025