Historic Lao kip Ethereum

Lao kip ethereum history for February 2024. The highest quote for this month is 0.17037 (29/02/2024) and the lowest 0.16027 (29/02/2024). The difference between high and low is 5.93.

LAK ETH average rate for February 2024 is 0.13326, the change between 01/02/2024 and 29/02/2024 is -45.62 %.

01 February 20241 LAK = 0.1114 ETH
02 February 20241 LAK = 0.1114 ETH
03 February 20241 LAK = 0.1107 ETH
04 February 20241 LAK = 0.1104 ETH
05 February 20241 LAK = 0.1109 ETH
06 February 20241 LAK = 0.1152 ETH
07 February 20241 LAK = 0.1167 ETH
08 February 20241 LAK = 0.1164 ETH
09 February 20241 LAK = 0.1197 ETH
12 February 20241 LAK = 0.1292 ETH
13 February 20241 LAK = 0.1271 ETH
14 February 20241 LAK = 0.1336 ETH
15 February 20241 LAK = 0.1357 ETH
16 February 20241 LAK = 0.1347 ETH
17 February 20241 LAK = 0.1338 ETH
18 February 20241 LAK = 0.1383 ETH
19 February 20241 LAK = 0.1427 ETH
20 February 20241 LAK = 0.1462 ETH
21 February 20241 LAK = 0.1428 ETH
22 February 20241 LAK = 0.1428 ETH
23 February 20241 LAK = 0.1404 ETH
24 February 20241 LAK = 0.1436 ETH
25 February 20241 LAK = 0.1494 ETH
26 February 20241 LAK = 0.1542 ETH
27 February 20241 LAK = 0.1559 ETH
28 February 20241 LAK = 0.1627 ETH
29 February 20241 LAK = 0.1623 ETH

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.

28/07/2020: Ethereum 2.0 Testnet Launch

The Beacon Chain, the first phase of Ethereum 2.0, goes live on a public testnet, marking a significant step towards the transition to a proof-of-stake consensus mechanism.

20/07/2017: Ethereum Hard Forks: Byzantium

The Ethereum network undergoes a hard fork upgrade named Byzantium, implementing various improvements to enhance scalability, privacy, and security.

17/06/2016: The DAO Hack

The Decentralized Autonomous Organization (DAO), built on the Ethereum platform, suffers a major security breach, resulting in the theft of approximately 3.6 million ETH tokens.

30/07/2015: Ethereum Mainnet Launched

The Ethereum mainnet is released, enabling developers around the world to build and deploy decentralized applications on the Ethereum blockchain.

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.

30/07/2013: Ethereum Whitepaper Published

Vitalik Buterin publishes the Ethereum whitepaper, outlining a new blockchain platform designed to support decentralized applications and smart contracts.

03/01/2009: Bitcoin Genesis Block Created

The first block of the Bitcoin blockchain, known as the Genesis Block, is mined by Satoshi Nakamoto, marking the birth of the Bitcoin network.

31/10/2008: Bitcoin Whitepaper Published

Satoshi Nakamoto releases a whitepaper titled 'Bitcoin: A Peer-to-Peer Electronic Cash System,' introducing the concept of a decentralized digital currency.

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.