Lao kip czech koruna exchange rate history (LAK CZK) October 2023

Lao kip czech koruna history for October 2023. The highest quote for this month is 0.001155 (03/10/2023) and the lowest 0.00115 (03/10/2023). The difference between high and low is 0.43.

LAK CZK average rate for October 2023 is 0.00113, the change between 01/10/2023 and 31/10/2023 is +1.76 %.

01 October 2023	1 LAK = 0.0011 CZK
02 October 2023	1 LAK = 0.0011 CZK
03 October 2023	1 LAK = 0.0011 CZK
04 October 2023	1 LAK = 0.0012 CZK
05 October 2023	1 LAK = 0.0011 CZK
06 October 2023	1 LAK = 0.0011 CZK
07 October 2023	1 LAK = 0.0011 CZK
09 October 2023	1 LAK = 0.0011 CZK
10 October 2023	1 LAK = 0.0011 CZK
11 October 2023	1 LAK = 0.0011 CZK
12 October 2023	1 LAK = 0.0011 CZK
13 October 2023	1 LAK = 0.0011 CZK
16 October 2023	1 LAK = 0.0011 CZK
17 October 2023	1 LAK = 0.0011 CZK
18 October 2023	1 LAK = 0.0011 CZK
19 October 2023	1 LAK = 0.0011 CZK
20 October 2023	1 LAK = 0.0011 CZK
21 October 2023	1 LAK = 0.0011 CZK
22 October 2023	1 LAK = 0.0011 CZK
23 October 2023	1 LAK = 0.0011 CZK
24 October 2023	1 LAK = 0.0011 CZK
25 October 2023	1 LAK = 0.0011 CZK
26 October 2023	1 LAK = 0.0011 CZK
27 October 2023	1 LAK = 0.0011 CZK
28 October 2023	1 LAK = 0.0011 CZK
29 October 2023	1 LAK = 0.0011 CZK
30 October 2023	1 LAK = 0.0011 CZK
31 October 2023	1 LAK = 0.0011 CZK

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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's 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.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

02/07/1997: Lao kip devalued

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

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.

Historic Lao kip Czech koruna