Historic Lao kip Bitcoin

Lao kip bitcoin history for January 2024. The highest quote for this month is 2.38 (11/01/2024) and the lowest 2.2461 (11/01/2024). The difference between high and low is 5.63.

LAK BTC average rate for January 2024 is 2.0962, the change between 01/01/2024 and 31/01/2024 is +5.11 %.

01 January 20241 LAK = 2.170 BTC
02 January 20241 LAK = 2.207 BTC
03 January 20241 LAK = 2.090 BTC
04 January 20241 LAK = 2.155 BTC
05 January 20241 LAK = 2.145 BTC
06 January 20241 LAK = 2.137 BTC
07 January 20241 LAK = 2.134 BTC
08 January 20241 LAK = 2.312 BTC
09 January 20241 LAK = 2.242 BTC
10 January 20241 LAK = 2.289 BTC
11 January 20241 LAK = 2.253 BTC
12 January 20241 LAK = 2.083 BTC
14 January 20241 LAK = 2.030 BTC
15 January 20241 LAK = 2.087 BTC
16 January 20241 LAK = 2.117 BTC
17 January 20241 LAK = 2.092 BTC
18 January 20241 LAK = 1.999 BTC
19 January 20241 LAK = 2.016 BTC
22 January 20241 LAK = 1.934 BTC
23 January 20241 LAK = 1.931 BTC
24 January 20241 LAK = 1.941 BTC
25 January 20241 LAK = 1.932 BTC
26 January 20241 LAK = 2.024 BTC
28 January 20241 LAK = 2.031 BTC
29 January 20241 LAK = 2.110 BTC
30 January 20241 LAK = 2.078 BTC
31 January 20241 LAK = 2.060 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.