Historic Lao kip Peruvian sol

Lao kip peruvian sol history since 28/03/2024 until today (0 years). Search for LAK to PEN exchange rate history for a particular date, month or year.

is the currency (supplied by Bank of the Lao P.D.R. and the currency supplied by Central Reserve Bank of Peru. The LAK PEN historical data can be seen on the Lao kip peruvian sol historical chart.

29 February 20241 LAK = 0.0002 PEN
01 March 20241 LAK = 0.0002 PEN
03 March 20241 LAK = 0.0002 PEN
04 March 20241 LAK = 0.0002 PEN
05 March 20241 LAK = 0.0002 PEN
06 March 20241 LAK = 0.0002 PEN
07 March 20241 LAK = 0.0002 PEN
08 March 20241 LAK = 0.0002 PEN
10 March 20241 LAK = 0.0002 PEN
11 March 20241 LAK = 0.0002 PEN
12 March 20241 LAK = 0.0002 PEN

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.

27/07/2020: Transition to Sol

Peru announced the removal of 'Nuevo' from the currency's name, making it officially known as the Sol once again.

15/12/2015: Introduction of New Sol Banknotes

New series of banknotes featuring improved security features and designs were introduced for the Nuevo Sol.

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.

02/07/1997: Lao kip devalued

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

01/10/1995: Introduction of Nuevo Sol

The Peruvian Sol was revalued and renamed as the Nuevo Sol, with a new currency code of PEN.

01/07/1991: Return to the Sol

Peru reintroduced the Sol as its official currency, replacing the Inti at a rate of 1 million Intis to 1 Sol.

01/02/1985: Creation of the Inti

The Peruvian Inti was created to replace the Sol as the official currency as part of an economic reform plan.

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.

01/07/1880: Adoption of the Sol de Oro Standard

Peru adopted the Sol de Oro standard, pegging the Sol to gold at a fixed rate.

23/11/1850: Introducción of Peruvian Sol

The Peruvian Sol was introduced as the official currency of Peru to replace the Spanish real.