Lao kip honduran lempira exchange rate history (LAK HNL) August 2023

Lao kip honduran lempira history for August 2023. The highest quote for this month is 0.00128 (01/08/2023) and the lowest 0.001279 (19/08/2023). The difference between high and low is 0.08.

LAK HNL average rate for August 2023 is 0.00127, the change between 01/08/2023 and 31/08/2023 is +3.34 %.

01 August 2023	1 LAK = 0.0013 HNL
02 August 2023	1 LAK = 0.0013 HNL
03 August 2023	1 LAK = 0.0013 HNL
04 August 2023	1 LAK = 0.0013 HNL
07 August 2023	1 LAK = 0.0013 HNL
08 August 2023	1 LAK = 0.0013 HNL
09 August 2023	1 LAK = 0.0013 HNL
10 August 2023	1 LAK = 0.0013 HNL
11 August 2023	1 LAK = 0.0013 HNL
12 August 2023	1 LAK = 0.0013 HNL
14 August 2023	1 LAK = 0.0013 HNL
15 August 2023	1 LAK = 0.0013 HNL
16 August 2023	1 LAK = 0.0013 HNL
17 August 2023	1 LAK = 0.0013 HNL
18 August 2023	1 LAK = 0.0013 HNL
19 August 2023	1 LAK = 0.0013 HNL
20 August 2023	1 LAK = 0.0013 HNL
21 August 2023	1 LAK = 0.0013 HNL
22 August 2023	1 LAK = 0.0013 HNL
23 August 2023	1 LAK = 0.0013 HNL
24 August 2023	1 LAK = 0.0013 HNL
25 August 2023	1 LAK = 0.0013 HNL
28 August 2023	1 LAK = 0.0012 HNL
29 August 2023	1 LAK = 0.0012 HNL
30 August 2023	1 LAK = 0.0012 HNL
31 August 2023	1 LAK = 0.0012 HNL

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.

07/10/2019: Modernization of Banknotes

The Honduran Central Bank launched new banknotes with enhanced security features and improved designs to deter counterfeiting.

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.

27/01/2009: Currency Crisis

Honduras faced a severe currency crisis due to political instability, causing a decline in the value of the Lempira.

02/07/1997: Lao kip devalued

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

15/06/1997: Monetary Integration

Honduras became a member of the Central American Monetary Integration System, aiming to promote economic stability and regional cooperation.

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.

15/03/1967: Introduction of the New Lempira

A new design and denomination of the Lempira banknotes were introduced in order to combat counterfeiting.

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.

03/09/1950: Devaluation of the Lempira

The Lempira experienced a significant devaluation, causing economic instability and inflation in Honduras.

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.

11/10/1940: Monetary Reforms

Honduran government implemented monetary reforms to stabilize the Lempira and improve its value.

07/03/1931: Creation of the Lempira

The Honduran currency, the Lempira, was introduced to replace the Honduran peso as the official currency.

Historic Lao kip Honduran lempira