Historic Lao kip Surinamese dollar

Lao kip surinamese dollar history for February 2024. The highest quote for this month is 0.001764 (02/02/2024) and the lowest 0.001784 (02/02/2024). The difference between high and low is -1.13.

LAK SRD average rate for February 2024 is 0.00173, the change between 01/02/2024 and 29/02/2024 is +3.69 %.

01 February 20241 LAK = 0.0018 SRD
02 February 20241 LAK = 0.0018 SRD
03 February 20241 LAK = 0.0018 SRD
04 February 20241 LAK = 0.0018 SRD
05 February 20241 LAK = 0.0017 SRD
06 February 20241 LAK = 0.0018 SRD
07 February 20241 LAK = 0.0017 SRD
08 February 20241 LAK = 0.0017 SRD
09 February 20241 LAK = 0.0017 SRD
12 February 20241 LAK = 0.0018 SRD
13 February 20241 LAK = 0.0017 SRD
14 February 20241 LAK = 0.0017 SRD
15 February 20241 LAK = 0.0017 SRD
16 February 20241 LAK = 0.0017 SRD
17 February 20241 LAK = 0.0017 SRD
18 February 20241 LAK = 0.0017 SRD
19 February 20241 LAK = 0.0017 SRD
20 February 20241 LAK = 0.0017 SRD
21 February 20241 LAK = 0.0017 SRD
22 February 20241 LAK = 0.0017 SRD
23 February 20241 LAK = 0.0017 SRD
24 February 20241 LAK = 0.0017 SRD
25 February 20241 LAK = 0.0017 SRD
26 February 20241 LAK = 0.0017 SRD
27 February 20241 LAK = 0.0017 SRD
28 February 20241 LAK = 0.0017 SRD
29 February 20241 LAK = 0.0017 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.
LAK SRD January 2024
LAK SRD February 2024
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