Historic Lao kip Bitcoin

Lao kip bitcoin history for February 2024. The highest quote for this month is 3.0921 (28/02/2024) and the lowest 2.9348 (29/02/2024). The difference between high and low is 5.09.

LAK BTC average rate for February 2024 is 2.41064, the change between 01/02/2024 and 29/02/2024 is -42.62 %.

01 February 20241 LAK = 2.084 BTC
02 February 20241 LAK = 2.084 BTC
03 February 20241 LAK = 2.074 BTC
04 February 20241 LAK = 2.054 BTC
05 February 20241 LAK = 2.058 BTC
06 February 20241 LAK = 2.092 BTC
07 February 20241 LAK = 2.133 BTC
08 February 20241 LAK = 2.179 BTC
09 February 20241 LAK = 2.269 BTC
12 February 20241 LAK = 2.428 BTC
13 February 20241 LAK = 2.393 BTC
14 February 20241 LAK = 2.492 BTC
15 February 20241 LAK = 2.496 BTC
16 February 20241 LAK = 2.505 BTC
17 February 20241 LAK = 2.481 BTC
18 February 20241 LAK = 2.503 BTC
19 February 20241 LAK = 2.511 BTC
20 February 20241 LAK = 2.536 BTC
21 February 20241 LAK = 2.492 BTC
22 February 20241 LAK = 2.465 BTC
23 February 20241 LAK = 2.437 BTC
24 February 20241 LAK = 2.476 BTC
25 February 20241 LAK = 2.483 BTC
26 February 20241 LAK = 2.645 BTC
27 February 20241 LAK = 2.743 BTC
28 February 20241 LAK = 3.004 BTC
29 February 20241 LAK = 2.971 BTC

08/02/2021: Tesla's Bitcoin Investment

Tesla announced a $1.5 billion investment in Bitcoin and plans to accept it as a form of payment for its products.

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.

11/05/2020: Third Bitcoin Halving

The block reward for miners was reduced from 12.5 BTC to 6.25 BTC, reducing the rate of new Bitcoin creation.

17/12/2017: Bitcoin Price Peak

Bitcoin reached its all-time high price of nearly $20,000 per BTC during a speculative market frenzy.

01/08/2017: Bitcoin Cash Fork

Bitcoin underwent a hard fork leading to the creation of a new cryptocurrency called Bitcoin Cash (BCH).

28/11/2013: All-Time High (ATH) Price

Bitcoin reached its first significant price milestone by surpassing $1,000 per BTC for the first time.

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.

22/05/2010: Bitcoin Pizza Day

Laszlo Hanyecz made the first recorded real-world transaction using Bitcoin, buying two pizzas for 10,000 BTC.

03/01/2009: Bitcoin Genesis Block

The first block of the Bitcoin blockchain, also known as the Genesis Block, was mined by Satoshi Nakamoto.

02/07/1997: Lao kip devalued

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

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.