Historic Lao kip Salvadoran Colón

Lao kip salvadoran colón history for January 2024. The highest quote for this month is 0.000425 (06/01/2024) and the lowest 0.000425 (06/01/2024). The difference between high and low is 0.

LAK SVC average rate for January 2024 is 0.00042, the change between 01/01/2024 and 31/01/2024 is +1.9 %.

01 January 20241 LAK = 0.0004 SVC
02 January 20241 LAK = 0.0004 SVC
03 January 20241 LAK = 0.0004 SVC
04 January 20241 LAK = 0.0004 SVC
05 January 20241 LAK = 0.0004 SVC
06 January 20241 LAK = 0.0004 SVC
07 January 20241 LAK = 0.0004 SVC
08 January 20241 LAK = 0.0004 SVC
09 January 20241 LAK = 0.0004 SVC
10 January 20241 LAK = 0.0004 SVC
11 January 20241 LAK = 0.0004 SVC
12 January 20241 LAK = 0.0004 SVC
14 January 20241 LAK = 0.0004 SVC
15 January 20241 LAK = 0.0004 SVC
16 January 20241 LAK = 0.0004 SVC
17 January 20241 LAK = 0.0004 SVC
18 January 20241 LAK = 0.0004 SVC
19 January 20241 LAK = 0.0004 SVC
22 January 20241 LAK = 0.0004 SVC
23 January 20241 LAK = 0.0004 SVC
24 January 20241 LAK = 0.0004 SVC
25 January 20241 LAK = 0.0004 SVC
26 January 20241 LAK = 0.0004 SVC
28 January 20241 LAK = 0.0004 SVC
29 January 20241 LAK = 0.0004 SVC
30 January 20241 LAK = 0.0004 SVC
31 January 20241 LAK = 0.0004 SVC

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.

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.

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.
LAK SVC January 2024
LAK SVC February 2024
LAK SVC March 2024
LAK SVC April 2024
LAK SVC May 2024
LAK SVC June 2024
LAK SVC July 2024
LAK SVC August 2024
LAK SVC September 2024
LAK SVC October 2024
LAK SVC November 2024
LAK SVC December 2024
LAK SVC January 2025