Historic Lao kip Honduran lempira

Lao kip honduran lempira history for December 2023. The highest quote for this month is 0.001198 (23/12/2023) and the lowest 0.001198 (23/12/2023). The difference between high and low is 0.

LAK HNL average rate for December 2023 is 0.00119, the change between 01/12/2023 and 31/12/2023 is -0.93 %.

01 December 20231 LAK = 0.0012 HNL
02 December 20231 LAK = 0.0012 HNL
03 December 20231 LAK = 0.0012 HNL
04 December 20231 LAK = 0.0012 HNL
05 December 20231 LAK = 0.0012 HNL
06 December 20231 LAK = 0.0012 HNL
07 December 20231 LAK = 0.0012 HNL
08 December 20231 LAK = 0.0012 HNL
10 December 20231 LAK = 0.0012 HNL
11 December 20231 LAK = 0.0012 HNL
12 December 20231 LAK = 0.0012 HNL
13 December 20231 LAK = 0.0012 HNL
14 December 20231 LAK = 0.0012 HNL
15 December 20231 LAK = 0.0012 HNL
16 December 20231 LAK = 0.0012 HNL
17 December 20231 LAK = 0.0012 HNL
18 December 20231 LAK = 0.0012 HNL
19 December 20231 LAK = 0.0012 HNL
20 December 20231 LAK = 0.0012 HNL
21 December 20231 LAK = 0.0012 HNL
22 December 20231 LAK = 0.0012 HNL
23 December 20231 LAK = 0.0012 HNL
24 December 20231 LAK = 0.0012 HNL
25 December 20231 LAK = 0.0012 HNL
26 December 20231 LAK = 0.0012 HNL
27 December 20231 LAK = 0.0012 HNL
28 December 20231 LAK = 0.0012 HNL
29 December 20231 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.