Lao kip colombian peso exchange rate history (LAK COP) September 2023

Lao kip colombian peso history for September 2023. The highest quote for this month is 0.2099 (01/09/2023) and the lowest 0.20871 (06/09/2023). The difference between high and low is 0.57.

LAK COP average rate for September 2023 is 0.20211, the change between 01/09/2023 and 30/09/2023 is +4.48 %.

01 September 2023	1 LAK = 0.2105 COP
04 September 2023	1 LAK = 0.2078 COP
05 September 2023	1 LAK = 0.2079 COP
06 September 2023	1 LAK = 0.2093 COP
07 September 2023	1 LAK = 0.2070 COP
08 September 2023	1 LAK = 0.2049 COP
11 September 2023	1 LAK = 0.2051 COP
12 September 2023	1 LAK = 0.2023 COP
13 September 2023	1 LAK = 0.2019 COP
14 September 2023	1 LAK = 0.2007 COP
15 September 2023	1 LAK = 0.1981 COP
18 September 2023	1 LAK = 0.1991 COP
19 September 2023	1 LAK = 0.1961 COP
20 September 2023	1 LAK = 0.1971 COP
21 September 2023	1 LAK = 0.1962 COP
22 September 2023	1 LAK = 0.1973 COP
23 September 2023	1 LAK = 0.1989 COP
24 September 2023	1 LAK = 0.1994 COP
25 September 2023	1 LAK = 0.2010 COP
27 September 2023	1 LAK = 0.2025 COP
28 September 2023	1 LAK = 0.2035 COP
29 September 2023	1 LAK = 0.2011 COP
30 September 2023	1 LAK = 0.2010 COP

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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

02/07/1997: Lao kip devalued

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

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Lao kip Colombian Peso