Historic Lao kip Botswana pula

Lao kip botswana pula history for January 2024. The highest quote for this month is 0.000663 (24/01/2024) and the lowest 0.000664 (23/01/2024). The difference between high and low is -0.15.

LAK BWP average rate for January 2024 is 0.00065, the change between 01/01/2024 and 31/01/2024 is +0.15 %.

01 January 20241 LAK = 0.0007 BWP
02 January 20241 LAK = 0.0007 BWP
03 January 20241 LAK = 0.0006 BWP
04 January 20241 LAK = 0.0007 BWP
05 January 20241 LAK = 0.0007 BWP
08 January 20241 LAK = 0.0007 BWP
09 January 20241 LAK = 0.0007 BWP
10 January 20241 LAK = 0.0007 BWP
11 January 20241 LAK = 0.0006 BWP
12 January 20241 LAK = 0.0006 BWP
15 January 20241 LAK = 0.0007 BWP
16 January 20241 LAK = 0.0007 BWP
17 January 20241 LAK = 0.0007 BWP
18 January 20241 LAK = 0.0007 BWP
19 January 20241 LAK = 0.0007 BWP
22 January 20241 LAK = 0.0007 BWP
23 January 20241 LAK = 0.0007 BWP
24 January 20241 LAK = 0.0007 BWP
25 January 20241 LAK = 0.0007 BWP
26 January 20241 LAK = 0.0007 BWP
29 January 20241 LAK = 0.0007 BWP
30 January 20241 LAK = 0.0007 BWP
31 January 20241 LAK = 0.0007 BWP

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.

01/10/2018: Introduction of New Coins

Botswana introduces a new series of coins, featuring updated designs and enhanced durability.

01/08/2014: Currency Redenomination

Botswana redenominates the Pula, dividing it into 1000 Thebe to simplify calculations and reduce the use of smaller denominations.

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.

05/10/2009: Introduction of New Banknotes

Botswana introduces a new series of banknotes, featuring improved security features and updated designs.

23/08/2005: Currency Devaluation

Botswana allows the Pula to float freely against other currencies, resulting in a devaluation of approximately 12%.

02/07/1997: Lao kip devalued

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

31/12/1980: Currency Board Established

The Bank of Botswana establishes a Currency Board, which manages the issuance and distribution of the Pula.

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.

17/10/1978: Currency Pegged to a Basket

Botswana pegs the Pula to a basket of currencies, including the South African Rand, British Pound, and US Dollar.

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.

14/09/1976: Introduction of the Pula

Botswana replaces the South African Rand with its own currency, the Pula, at a 1:1 exchange rate.

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 BWP December 2023
LAK BWP January 2024
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