Historic Lao kip Macedonian Denar

Lao kip macedonian denar history for January 2024. The highest quote for this month is 0.002755 (17/01/2024) and the lowest 0.002744 (19/01/2024). The difference between high and low is 0.4.

LAK MKD average rate for January 2024 is 0.00272, the change between 01/01/2024 and 31/01/2024 is -0.33 %.

01 January 20241 LAK = 0.0027 MKD
02 January 20241 LAK = 0.0027 MKD
03 January 20241 LAK = 0.0027 MKD
04 January 20241 LAK = 0.0027 MKD
05 January 20241 LAK = 0.0027 MKD
06 January 20241 LAK = 0.0027 MKD
07 January 20241 LAK = 0.0027 MKD
08 January 20241 LAK = 0.0027 MKD
09 January 20241 LAK = 0.0027 MKD
10 January 20241 LAK = 0.0027 MKD
11 January 20241 LAK = 0.0027 MKD
12 January 20241 LAK = 0.0027 MKD
14 January 20241 LAK = 0.0027 MKD
15 January 20241 LAK = 0.0027 MKD
16 January 20241 LAK = 0.0027 MKD
17 January 20241 LAK = 0.0027 MKD
18 January 20241 LAK = 0.0027 MKD
19 January 20241 LAK = 0.0027 MKD
22 January 20241 LAK = 0.0027 MKD
23 January 20241 LAK = 0.0027 MKD
24 January 20241 LAK = 0.0027 MKD
25 January 20241 LAK = 0.0027 MKD
26 January 20241 LAK = 0.0027 MKD
28 January 20241 LAK = 0.0027 MKD
29 January 20241 LAK = 0.0027 MKD
30 January 20241 LAK = 0.0027 MKD
31 January 20241 LAK = 0.0027 MKD

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.

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

02/07/1997: Lao kip devalued

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

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.

01/01/1952: 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 MKD July 2023
LAK MKD August 2023
LAK MKD September 2023
LAK MKD October 2023
LAK MKD November 2023
LAK MKD December 2023
LAK MKD January 2024
LAK MKD February 2024
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LAK MKD June 2024
LAK MKD July 2024