Historic Litecoin Lao kip

Litecoin lao kip history for July 2023. The highest quote for this month is 211.57 (25/07/2023) and the lowest 213.73 (24/07/2023). The difference between high and low is -1.02.

LTC LAK average rate for July 2023 is 199.26762, the change between 01/07/2023 and 31/07/2023 is -17.79 %.

03 July 20231 LTC = 175.3 LAK
04 July 20231 LTC = 178.8 LAK
05 July 20231 LTC = 183.7 LAK
06 July 20231 LTC = 196.3 LAK
07 July 20231 LTC = 191.2 LAK
10 July 20231 LTC = 194.3 LAK
11 July 20231 LTC = 197.4 LAK
12 July 20231 LTC = 198.8 LAK
13 July 20231 LTC = 187.3 LAK
14 July 20231 LTC = 200.2 LAK
17 July 20231 LTC = 204.5 LAK
18 July 20231 LTC = 208.2 LAK
19 July 20231 LTC = 206.2 LAK
20 July 20231 LTC = 205.7 LAK
21 July 20231 LTC = 202.6 LAK
24 July 20231 LTC = 211.5 LAK
25 July 20231 LTC = 211.3 LAK
26 July 20231 LTC = 208.8 LAK
27 July 20231 LTC = 209.3 LAK
28 July 20231 LTC = 206.9 LAK
31 July 20231 LTC = 206.5 LAK

05/08/2021: Litecoin Foundation Partners with Atari

The Litecoin Foundation partners with Atari, a prominent gaming company, to integrate Litecoin into Atari's gaming ecosystem, enabling players to use LTC for in-game purchases and transactions.

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.

26/02/2020: Litecoin Implements Mimblewimble Extension Blocks

Litecoin developers announce plans to introduce Mimblewimble Extension Blocks, a privacy-focused protocol extension, to enhance fungibility and transaction anonymity.

05/08/2019: Litecoin Halving

The block reward for Litecoin is halved from 25 LTC to 12.5 LTC, reducing new supply issuance and potentially impacting the cryptocurrency's price and mining economics.

12/12/2017: Litecoin Futures Launch on CME

The Chicago Mercantile Exchange (CME) launches futures contracts for Litecoin, offering institutional investors an avenue to trade and speculate on the cryptocurrency.

10/05/2017: Segregated Witness Activation

Litecoin activates Segregated Witness (SegWit), a protocol upgrade aimed at improving scalability and enabling second-layer solutions like the Lightning Network.

29/11/2013: Litecoin's First Major Price Rally

Litecoin experiences its first major price rally, reaching a peak of over $39 per LTC, driven by increased adoption and market speculation.

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.

07/10/2011: Creation of Litecoin

Litecoin is created by Charlie Lee as a peer-to-peer cryptocurrency, based on the Bitcoin protocol, with faster block generation time and a different hashing algorithm.

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.