Lao kip trinidad & tobago dollar exchange rate history (LAK TTD) December 2023

Lao kip trinidad & tobago dollar history for December 2023. The highest quote for this month is 0.000329 (24/12/2023) and the lowest 0.000328 (16/12/2023). The difference between high and low is 0.3.

LAK TTD average rate for December 2023 is 0.00032, the change between 01/12/2023 and 31/12/2023 is -0.31 %.

01 December 2023	1 LAK = 0.0003 TTD
02 December 2023	1 LAK = 0.0003 TTD
03 December 2023	1 LAK = 0.0003 TTD
04 December 2023	1 LAK = 0.0003 TTD
05 December 2023	1 LAK = 0.0003 TTD
06 December 2023	1 LAK = 0.0003 TTD
07 December 2023	1 LAK = 0.0003 TTD
08 December 2023	1 LAK = 0.0003 TTD
10 December 2023	1 LAK = 0.0003 TTD
11 December 2023	1 LAK = 0.0003 TTD
12 December 2023	1 LAK = 0.0003 TTD
13 December 2023	1 LAK = 0.0003 TTD
14 December 2023	1 LAK = 0.0003 TTD
15 December 2023	1 LAK = 0.0003 TTD
16 December 2023	1 LAK = 0.0003 TTD
17 December 2023	1 LAK = 0.0003 TTD
18 December 2023	1 LAK = 0.0003 TTD
19 December 2023	1 LAK = 0.0003 TTD
20 December 2023	1 LAK = 0.0003 TTD
21 December 2023	1 LAK = 0.0003 TTD
22 December 2023	1 LAK = 0.0003 TTD
23 December 2023	1 LAK = 0.0003 TTD
24 December 2023	1 LAK = 0.0003 TTD
25 December 2023	1 LAK = 0.0003 TTD
26 December 2023	1 LAK = 0.0003 TTD
27 December 2023	1 LAK = 0.0003 TTD
28 December 2023	1 LAK = 0.0003 TTD
29 December 2023	1 LAK = 0.0003 TTD

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.

26/03/2020: COVID-19 Pandemic

The COVID-19 pandemic caused economic disruptions, leading to a decline in tourism and affecting the exchange rate of the TTD.

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.

19/09/2008: Global Financial Crisis

The global financial crisis had a significant impact on the value of the Trinidad & Tobago Dollar and the country's economy.

02/07/1997: Lao kip devalued

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

17/05/1993: Introduction of Polymer Banknotes

Trinidad & Tobago introduced polymer banknotes to replace the traditional paper currency, enhancing security and durability.

27/07/1990: Attempted Coup d'État

An attempted coup d'état took place in Trinidad & Tobago, causing economic instability and impacting the value of the TTD.

31/12/1983: Floatation of the Trinidad & Tobago Dollar

Trinidad & Tobago abandoned the fixed exchange rate system, allowing the TTD to float freely against other currencies.

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.

07/06/1976: Central Bank of Trinidad and Tobago Established

The Central Bank of Trinidad and Tobago was established, becoming the country's central monetary authority.

01/01/1964: Introduction of the Trinidad & Tobago Dollar

The Trinidad & Tobago Dollar was introduced as the official currency, replacing the British West Indies Dollar.

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.

Historic Lao kip Trinidad & Tobago Dollar