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 July 2023
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