Historic Moldovan Leu Lao kip

Moldovan Leu lao kip history for January 2024. The highest quote for this month is 1192.77 (01/01/2024) and the lowest 1192.77 (01/01/2024). The difference between high and low is 0.

MDL LAK average rate for January 2024 is 1180.91407, the change between 01/01/2024 and 31/01/2024 is +0.79 %.

01 January 20241 MDL = 1192.77 LAK
02 January 20241 MDL = 1192.77 LAK
03 January 20241 MDL = 1192.48 LAK
04 January 20241 MDL = 1186.36 LAK
05 January 20241 MDL = 1186.50 LAK
06 January 20241 MDL = 1181.92 LAK
07 January 20241 MDL = 1181.92 LAK
08 January 20241 MDL = 1169.37 LAK
09 January 20241 MDL = 1196.01 LAK
10 January 20241 MDL = 1166.31 LAK
11 January 20241 MDL = 1177.70 LAK
12 January 20241 MDL = 1175.46 LAK
14 January 20241 MDL = 1171.98 LAK
15 January 20241 MDL = 1166.91 LAK
16 January 20241 MDL = 1172.84 LAK
17 January 20241 MDL = 1175.94 LAK
18 January 20241 MDL = 1185.61 LAK
19 January 20241 MDL = 1182.82 LAK
22 January 20241 MDL = 1177.06 LAK
23 January 20241 MDL = 1182.28 LAK
24 January 20241 MDL = 1186.54 LAK
25 January 20241 MDL = 1183.09 LAK
26 January 20241 MDL = 1185.42 LAK
28 January 20241 MDL = 1173.91 LAK
29 January 20241 MDL = 1173.45 LAK
30 January 20241 MDL = 1183.91 LAK
31 January 20241 MDL = 1183.35 LAK

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.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

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.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability of the currency.

02/07/1997: Lao kip devalued

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

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

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.
MDL LAK January 2024
MDL LAK February 2024
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MDL LAK April 2024
MDL LAK May 2024
MDL LAK June 2024
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MDL LAK September 2024
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MDL LAK January 2025