Historic Lao kip Ukrainian hryvnia

Lao kip ukrainian hryvnia history for January 2024. The highest quote for this month is 0.001863 (03/01/2024) and the lowest 0.001864 (02/01/2024). The difference between high and low is -0.05.

LAK UAH average rate for January 2024 is 0.00183, the change between 01/01/2024 and 31/01/2024 is +2.31 %.

01 January 20241 LAK = 0.0019 UAH
02 January 20241 LAK = 0.0019 UAH
03 January 20241 LAK = 0.0018 UAH
04 January 20241 LAK = 0.0018 UAH
05 January 20241 LAK = 0.0018 UAH
06 January 20241 LAK = 0.0018 UAH
07 January 20241 LAK = 0.0018 UAH
08 January 20241 LAK = 0.0019 UAH
09 January 20241 LAK = 0.0018 UAH
10 January 20241 LAK = 0.0019 UAH
11 January 20241 LAK = 0.0018 UAH
12 January 20241 LAK = 0.0018 UAH
14 January 20241 LAK = 0.0018 UAH
15 January 20241 LAK = 0.0018 UAH
16 January 20241 LAK = 0.0018 UAH
17 January 20241 LAK = 0.0018 UAH
18 January 20241 LAK = 0.0018 UAH
19 January 20241 LAK = 0.0018 UAH
22 January 20241 LAK = 0.0018 UAH
23 January 20241 LAK = 0.0018 UAH
24 January 20241 LAK = 0.0018 UAH
25 January 20241 LAK = 0.0018 UAH
26 January 20241 LAK = 0.0018 UAH
28 January 20241 LAK = 0.0018 UAH
29 January 20241 LAK = 0.0018 UAH
30 January 20241 LAK = 0.0018 UAH
31 January 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
LAK UAH August 2023
LAK UAH September 2023
LAK UAH October 2023
LAK UAH November 2023
LAK UAH December 2023
LAK UAH January 2024
LAK UAH February 2024
LAK UAH March 2024
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LAK UAH June 2024
LAK UAH July 2024