Lao kip peruvian sol exchange rate history (LAK PEN) August 2023

Lao kip peruvian sol history for August 2023. The highest quote for this month is 0.000194 (18/08/2023) and the lowest 0.000194 (18/08/2023). The difference between high and low is 0.

LAK PEN average rate for August 2023 is 0.00019, the change between 01/08/2023 and 31/08/2023 is +1.59 %.

01 August 2023	1 LAK = 0.0002 PEN
02 August 2023	1 LAK = 0.0002 PEN
03 August 2023	1 LAK = 0.0002 PEN
04 August 2023	1 LAK = 0.0002 PEN
07 August 2023	1 LAK = 0.0002 PEN
08 August 2023	1 LAK = 0.0002 PEN
09 August 2023	1 LAK = 0.0002 PEN
10 August 2023	1 LAK = 0.0002 PEN
11 August 2023	1 LAK = 0.0002 PEN
12 August 2023	1 LAK = 0.0002 PEN
14 August 2023	1 LAK = 0.0002 PEN
15 August 2023	1 LAK = 0.0002 PEN
16 August 2023	1 LAK = 0.0002 PEN
17 August 2023	1 LAK = 0.0002 PEN
18 August 2023	1 LAK = 0.0002 PEN
19 August 2023	1 LAK = 0.0002 PEN
20 August 2023	1 LAK = 0.0002 PEN
21 August 2023	1 LAK = 0.0002 PEN
22 August 2023	1 LAK = 0.0002 PEN
23 August 2023	1 LAK = 0.0002 PEN
24 August 2023	1 LAK = 0.0002 PEN
25 August 2023	1 LAK = 0.0002 PEN
28 August 2023	1 LAK = 0.0002 PEN
29 August 2023	1 LAK = 0.0002 PEN
30 August 2023	1 LAK = 0.0002 PEN
31 August 2023	1 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.

Historic Lao kip Peruvian sol