Historic Lao kip Surinamese dollar

Lao kip surinamese dollar history for December 2023. The highest quote for this month is 0.001838 (05/12/2023) and the lowest 0.001837 (01/12/2023). The difference between high and low is 0.05.

LAK SRD average rate for December 2023 is 0.00181, the change between 01/12/2023 and 31/12/2023 is +3.91 %.

01 December 20231 LAK = 0.0018 SRD
02 December 20231 LAK = 0.0018 SRD
03 December 20231 LAK = 0.0018 SRD
04 December 20231 LAK = 0.0018 SRD
05 December 20231 LAK = 0.0018 SRD
06 December 20231 LAK = 0.0018 SRD
07 December 20231 LAK = 0.0018 SRD
08 December 20231 LAK = 0.0018 SRD
10 December 20231 LAK = 0.0018 SRD
11 December 20231 LAK = 0.0018 SRD
12 December 20231 LAK = 0.0018 SRD
13 December 20231 LAK = 0.0018 SRD
14 December 20231 LAK = 0.0018 SRD
15 December 20231 LAK = 0.0018 SRD
16 December 20231 LAK = 0.0018 SRD
17 December 20231 LAK = 0.0018 SRD
18 December 20231 LAK = 0.0018 SRD
19 December 20231 LAK = 0.0018 SRD
20 December 20231 LAK = 0.0018 SRD
21 December 20231 LAK = 0.0018 SRD
22 December 20231 LAK = 0.0018 SRD
23 December 20231 LAK = 0.0018 SRD
24 December 20231 LAK = 0.0018 SRD
26 December 20231 LAK = 0.0018 SRD
27 December 20231 LAK = 0.0018 SRD
28 December 20231 LAK = 0.0018 SRD
29 December 20231 LAK = 0.0018 SRD

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.

01/01/2019: Redenomination of the Surinamese dollar

The Surinamese dollar underwent a redenomination with 1 new dollar (SRD) being equal to 1,000 old dollars (SRG).

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.

01/01/2011: Introduction of new banknotes

New banknotes with updated designs and security features were introduced to replace the older series of Surinamese dollar banknotes.

01/01/2004: Replacement of banknotes

New banknotes were introduced with enhanced security features to replace the older series of Surinamese dollar banknotes.

02/07/1997: Lao kip devalued

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

23/12/1991: Devaluation of the Surinamese dollar

The Surinamese dollar was devalued by 100%, resulting in an exchange rate of 1 dollar to 200 guilders.

01/10/1985: Introduction of the Surinamese dollar

The Surinamese dollar was introduced as the new currency of Suriname at a rate of 1 dollar to 1,000 guilders.

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.

01/01/1962: Introduction of the Surinamese guilder

The Surinamese guilder was introduced as the official currency of Suriname, replacing the Dutch guilder.

31/12/1954: Independence of Suriname

Suriname gained independence from the Kingdom of the Netherlands, leading to the introduction of the Surinamese guilder as its official currency.

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.