Historic Lao kip Moldovan Leu

Lao kip moldovan leu history for February 2024. The highest quote for this month is 0.000854 (03/02/2024) and the lowest 0.000856 (22/02/2024). The difference between high and low is -0.23.

LAK MDL average rate for February 2024 is 0.00085, the change between 01/02/2024 and 29/02/2024 is -0.59 %.

01 February 20241 LAK = 0.0008 MDL
02 February 20241 LAK = 0.0008 MDL
03 February 20241 LAK = 0.0009 MDL
04 February 20241 LAK = 0.0009 MDL
05 February 20241 LAK = 0.0009 MDL
06 February 20241 LAK = 0.0009 MDL
07 February 20241 LAK = 0.0008 MDL
08 February 20241 LAK = 0.0008 MDL
09 February 20241 LAK = 0.0008 MDL
12 February 20241 LAK = 0.0009 MDL
13 February 20241 LAK = 0.0008 MDL
14 February 20241 LAK = 0.0008 MDL
15 February 20241 LAK = 0.0008 MDL
16 February 20241 LAK = 0.0008 MDL
17 February 20241 LAK = 0.0009 MDL
18 February 20241 LAK = 0.0009 MDL
19 February 20241 LAK = 0.0009 MDL
20 February 20241 LAK = 0.0009 MDL
21 February 20241 LAK = 0.0008 MDL
22 February 20241 LAK = 0.0008 MDL
23 February 20241 LAK = 0.0008 MDL
24 February 20241 LAK = 0.0009 MDL
25 February 20241 LAK = 0.0009 MDL
26 February 20241 LAK = 0.0009 MDL
27 February 20241 LAK = 0.0008 MDL
28 February 20241 LAK = 0.0008 MDL
29 February 20241 LAK = 0.0009 MDL

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.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

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.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability of the currency.

02/07/1997: Lao kip devalued

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

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

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 MDL January 2024
LAK MDL February 2024
LAK MDL March 2024
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LAK MDL June 2024
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LAK MDL January 2025