Lao kip ukrainian hryvnia exchange rate history (LAK UAH) December 2023

Lao kip ukrainian hryvnia history for December 2023. The highest quote for this month is 0.001861 (29/12/2023) and the lowest 0.001859 (29/12/2023). The difference between high and low is 0.11.

LAK UAH average rate for December 2023 is 0.00179, the change between 01/12/2023 and 31/12/2023 is -5.05 %.

01 December 2023	1 LAK = 0.0018 UAH
02 December 2023	1 LAK = 0.0018 UAH
03 December 2023	1 LAK = 0.0018 UAH
04 December 2023	1 LAK = 0.0018 UAH
05 December 2023	1 LAK = 0.0018 UAH
06 December 2023	1 LAK = 0.0018 UAH
07 December 2023	1 LAK = 0.0018 UAH
08 December 2023	1 LAK = 0.0018 UAH
10 December 2023	1 LAK = 0.0018 UAH
11 December 2023	1 LAK = 0.0018 UAH
12 December 2023	1 LAK = 0.0018 UAH
13 December 2023	1 LAK = 0.0018 UAH
14 December 2023	1 LAK = 0.0018 UAH
15 December 2023	1 LAK = 0.0018 UAH
16 December 2023	1 LAK = 0.0018 UAH
17 December 2023	1 LAK = 0.0018 UAH
18 December 2023	1 LAK = 0.0018 UAH
19 December 2023	1 LAK = 0.0018 UAH
20 December 2023	1 LAK = 0.0018 UAH
21 December 2023	1 LAK = 0.0018 UAH
22 December 2023	1 LAK = 0.0018 UAH
23 December 2023	1 LAK = 0.0018 UAH
24 December 2023	1 LAK = 0.0018 UAH
25 December 2023	1 LAK = 0.0018 UAH
26 December 2023	1 LAK = 0.0018 UAH
27 December 2023	1 LAK = 0.0018 UAH
28 December 2023	1 LAK = 0.0018 UAH
29 December 2023	1 LAK = 0.0019 UAH

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.

02/03/2020: COVID-19 impact

The outbreak of the COVID-19 pandemic resulted in economic disruptions, affecting the Ukrainian Hryvnia and causing volatility in the currency markets.

05/02/2015: Currency devaluation

Due to the economic crisis, the Ukrainian Hryvnia experienced a significant devaluation, leading to a sharp increase in prices and financial hardships.

20/02/2014: Ukrainian revolution

The Ukrainian revolution began, leading to political instability and economic challenges, impacting the value and stability of the Ukrainian Hryvnia.

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.

01/07/2008: Exchange rate flexibility

Ukraine implemented a flexible exchange rate system, allowing the Ukrainian Hryvnia to fluctuate based on market forces rather than being pegged to a fixed rate.

01/10/2004: Banknote redesign

New banknotes of the Ukrainian Hryvnia were issued with enhanced security features and updated designs, aimed at combating counterfeiting.

02/07/1997: Lao kip devalued

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

02/09/1996: Currency reform

A currency reform was conducted, introducing new banknotes and coins of the Ukrainian Hryvnia, addressing issues of inflation and stabilization.

02/09/1992: Introduction of the Ukrainian Hryvnia

The Ukrainian Hryvnia (UAH) was introduced as the national currency, replacing the Soviet ruble, marking Ukraine's economic independence.

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.

Historic Lao kip Ukrainian hryvnia