Historic Lao kip Tunisian dinar

Lao kip tunisian dinar history for January 2024. The highest quote for this month is 0.000152 (03/01/2024) and the lowest 0.000152 (04/01/2024). The difference between high and low is 0.

LAK TND average rate for January 2024 is 0.00015, the change between 01/01/2024 and 31/01/2024 is -0.67 %.

01 January 20241 LAK = 0.0002 TND
02 January 20241 LAK = 0.0002 TND
03 January 20241 LAK = 0.0001 TND
04 January 20241 LAK = 0.0002 TND
05 January 20241 LAK = 0.0002 TND
06 January 20241 LAK = 0.0002 TND
07 January 20241 LAK = 0.0002 TND
08 January 20241 LAK = 0.0002 TND
09 January 20241 LAK = 0.0002 TND
10 January 20241 LAK = 0.0002 TND
11 January 20241 LAK = 0.0002 TND
12 January 20241 LAK = 0.0002 TND
14 January 20241 LAK = 0.0002 TND
15 January 20241 LAK = 0.0002 TND
16 January 20241 LAK = 0.0002 TND
17 January 20241 LAK = 0.0002 TND
18 January 20241 LAK = 0.0002 TND
19 January 20241 LAK = 0.0002 TND
22 January 20241 LAK = 0.0002 TND
23 January 20241 LAK = 0.0002 TND
24 January 20241 LAK = 0.0002 TND
25 January 20241 LAK = 0.0002 TND
26 January 20241 LAK = 0.0002 TND
28 January 20241 LAK = 0.0002 TND
29 January 20241 LAK = 0.0002 TND
30 January 20241 LAK = 0.0002 TND
31 January 20241 LAK = 0.0002 TND

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.

02/07/1997: Lao kip devalued

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

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.
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