Historic Lao kip Ukrainian hryvnia

Lao kip ukrainian hryvnia history for February 2024. The highest quote for this month is 0.001852 (22/02/2024) and the lowest 0.001856 (22/02/2024). The difference between high and low is -0.22.

LAK UAH average rate for February 2024 is 0.00182, the change between 01/02/2024 and 29/02/2024 is -2 %.

01 February 20241 LAK = 0.0018 UAH
02 February 20241 LAK = 0.0018 UAH
03 February 20241 LAK = 0.0018 UAH
04 February 20241 LAK = 0.0018 UAH
05 February 20241 LAK = 0.0018 UAH
06 February 20241 LAK = 0.0018 UAH
07 February 20241 LAK = 0.0018 UAH
08 February 20241 LAK = 0.0018 UAH
09 February 20241 LAK = 0.0018 UAH
12 February 20241 LAK = 0.0018 UAH
13 February 20241 LAK = 0.0018 UAH
14 February 20241 LAK = 0.0018 UAH
15 February 20241 LAK = 0.0018 UAH
16 February 20241 LAK = 0.0018 UAH
17 February 20241 LAK = 0.0018 UAH
18 February 20241 LAK = 0.0018 UAH
19 February 20241 LAK = 0.0018 UAH
20 February 20241 LAK = 0.0018 UAH
21 February 20241 LAK = 0.0018 UAH
22 February 20241 LAK = 0.0018 UAH
23 February 20241 LAK = 0.0018 UAH
24 February 20241 LAK = 0.0018 UAH
25 February 20241 LAK = 0.0018 UAH
26 February 20241 LAK = 0.0018 UAH
27 February 20241 LAK = 0.0018 UAH
28 February 20241 LAK = 0.0018 UAH
29 February 20241 LAK = 0.0018 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.
LAK UAH July 2023
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LAK UAH February 2024
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