Historic Lao kip Bermudian dollar

Lao kip bermudian dollar history for January 2024. The highest quote for this month is 0.000049 (01/01/2024) and the lowest 0.000049 (01/01/2024). The difference between high and low is 0.

LAK BMD average rate for January 2024 is 0.00005, the change between 01/01/2024 and 31/01/2024 is +2.04 %.

01 January 20241 LAK = 0.0000 BMD
02 January 20241 LAK = 0.0000 BMD
03 January 20241 LAK = 0.0000 BMD
04 January 20241 LAK = 0.0000 BMD
05 January 20241 LAK = 0.0000 BMD
06 January 20241 LAK = 0.0000 BMD
07 January 20241 LAK = 0.0000 BMD
08 January 20241 LAK = 0.0000 BMD
09 January 20241 LAK = 0.0000 BMD
10 January 20241 LAK = 0.0000 BMD
11 January 20241 LAK = 0.0000 BMD
12 January 20241 LAK = 0.0000 BMD
14 January 20241 LAK = 0.0000 BMD
15 January 20241 LAK = 0.0000 BMD
16 January 20241 LAK = 0.0000 BMD
17 January 20241 LAK = 0.0000 BMD
18 January 20241 LAK = 0.0000 BMD
19 January 20241 LAK = 0.0000 BMD
22 January 20241 LAK = 0.0000 BMD
23 January 20241 LAK = 0.0000 BMD
24 January 20241 LAK = 0.0000 BMD
25 January 20241 LAK = 0.0000 BMD
26 January 20241 LAK = 0.0000 BMD
28 January 20241 LAK = 0.0000 BMD
29 January 20241 LAK = 0.0000 BMD
30 January 20241 LAK = 0.0000 BMD
31 January 20241 LAK = 0.0000 BMD

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: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

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.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

02/07/1997: Lao kip devalued

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

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

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.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

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 BMD January 2024
LAK BMD February 2024
LAK BMD March 2024
LAK BMD April 2024
LAK BMD May 2024
LAK BMD June 2024
LAK BMD July 2024
LAK BMD August 2024
LAK BMD September 2024
LAK BMD October 2024
LAK BMD November 2024
LAK BMD December 2024
LAK BMD January 2025