Historic Lao kip Paraguayan Guaraní

Lao kip paraguayan guaraní history for February 2024. The highest quote for this month is 0.35091 (03/02/2024) and the lowest 0.35079 (03/02/2024). The difference between high and low is 0.03.

LAK PYG average rate for February 2024 is 0.34655, the change between 01/02/2024 and 29/02/2024 is -0.58 %.

01 February 20241 LAK = 0.3458 PYG
02 February 20241 LAK = 0.3454 PYG
03 February 20241 LAK = 0.3505 PYG
04 February 20241 LAK = 0.3505 PYG
05 February 20241 LAK = 0.3486 PYG
06 February 20241 LAK = 0.3473 PYG
07 February 20241 LAK = 0.3439 PYG
08 February 20241 LAK = 0.3442 PYG
09 February 20241 LAK = 0.3451 PYG
12 February 20241 LAK = 0.3479 PYG
13 February 20241 LAK = 0.3445 PYG
14 February 20241 LAK = 0.3444 PYG
15 February 20241 LAK = 0.3436 PYG
16 February 20241 LAK = 0.3440 PYG
17 February 20241 LAK = 0.3502 PYG
18 February 20241 LAK = 0.3502 PYG
19 February 20241 LAK = 0.3478 PYG
20 February 20241 LAK = 0.3479 PYG
21 February 20241 LAK = 0.3453 PYG
22 February 20241 LAK = 0.3448 PYG
23 February 20241 LAK = 0.3440 PYG
24 February 20241 LAK = 0.3491 PYG
25 February 20241 LAK = 0.3491 PYG
26 February 20241 LAK = 0.3470 PYG
27 February 20241 LAK = 0.3439 PYG
28 February 20241 LAK = 0.3440 PYG
29 February 20241 LAK = 0.3477 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.
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