Lao kip paraguayan guaraní exchange rate history (LAK PYG) December 2023

Lao kip paraguayan guaraní history for December 2023. The highest quote for this month is 0.35866 (02/12/2023) and the lowest 0.35866 (02/12/2023). The difference between high and low is 0.

LAK PYG average rate for December 2023 is 0.35382, the change between 01/12/2023 and 31/12/2023 is +1.94 %.

01 December 2023	1 LAK = 0.3575 PYG
02 December 2023	1 LAK = 0.3587 PYG
03 December 2023	1 LAK = 0.3587 PYG
04 December 2023	1 LAK = 0.3576 PYG
05 December 2023	1 LAK = 0.3533 PYG
06 December 2023	1 LAK = 0.3519 PYG
07 December 2023	1 LAK = 0.3543 PYG
08 December 2023	1 LAK = 0.3508 PYG
10 December 2023	1 LAK = 0.3546 PYG
11 December 2023	1 LAK = 0.3529 PYG
12 December 2023	1 LAK = 0.3496 PYG
13 December 2023	1 LAK = 0.3542 PYG
14 December 2023	1 LAK = 0.3491 PYG
15 December 2023	1 LAK = 0.3496 PYG
16 December 2023	1 LAK = 0.3552 PYG
17 December 2023	1 LAK = 0.3552 PYG
18 December 2023	1 LAK = 0.3537 PYG
19 December 2023	1 LAK = 0.3527 PYG
20 December 2023	1 LAK = 0.3516 PYG
21 December 2023	1 LAK = 0.3516 PYG
22 December 2023	1 LAK = 0.3517 PYG
23 December 2023	1 LAK = 0.3586 PYG
24 December 2023	1 LAK = 0.3579 PYG
25 December 2023	1 LAK = 0.3565 PYG
26 December 2023	1 LAK = 0.3563 PYG
27 December 2023	1 LAK = 0.3539 PYG
28 December 2023	1 LAK = 0.3489 PYG
29 December 2023	1 LAK = 0.3505 PYG

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.

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.

31/07/2013: Polymer Banknotes Issued

Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.

24/10/2011: Currency Redenomination

A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.

02/07/1997: Lao kip devalued

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

12/06/1995: Introduction of New Banknotes

New banknotes were introduced, featuring enhanced security features and updated designs.

01/03/1990: New Currency Symbol

A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.

12/04/1982: Decree on Currency Stability

The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.

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.

30/10/1953: Monetary Reform

A new monetary reform was implemented, replacing existing banknotes with new designs.

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.

04/03/1943: Paraguayan Guaraní Introduced

The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.

Historic Lao kip Paraguayan Guaraní