Historic Paraguayan Guaraní Lao kip

Paraguayan Guaraní lao kip history for January 2024. The highest quote for this month is 2.8869 (31/01/2024) and the lowest 2.8641 (31/01/2024). The difference between high and low is 0.79.

PYG LAK average rate for January 2024 is 2.86126, the change between 01/01/2024 and 31/01/2024 is -2.03 %.

01 January 20241 PYG = 2.834 LAK
02 January 20241 PYG = 2.834 LAK
03 January 20241 PYG = 2.860 LAK
04 January 20241 PYG = 2.868 LAK
05 January 20241 PYG = 2.880 LAK
06 January 20241 PYG = 2.839 LAK
07 January 20241 PYG = 2.839 LAK
08 January 20241 PYG = 2.854 LAK
09 January 20241 PYG = 2.886 LAK
10 January 20241 PYG = 2.851 LAK
11 January 20241 PYG = 2.872 LAK
12 January 20241 PYG = 2.866 LAK
14 January 20241 PYG = 2.834 LAK
15 January 20241 PYG = 2.844 LAK
16 January 20241 PYG = 2.855 LAK
17 January 20241 PYG = 2.855 LAK
18 January 20241 PYG = 2.883 LAK
19 January 20241 PYG = 2.879 LAK
22 January 20241 PYG = 2.855 LAK
23 January 20241 PYG = 2.875 LAK
24 January 20241 PYG = 2.873 LAK
25 January 20241 PYG = 2.876 LAK
26 January 20241 PYG = 2.878 LAK
28 January 20241 PYG = 2.840 LAK
29 January 20241 PYG = 2.852 LAK
30 January 20241 PYG = 2.883 LAK
31 January 20241 PYG = 2.892 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.

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.

31/07/2013: Polymer Banknotes Issued

Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.

24/10/2011: Currency Redenomination

A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.

02/07/1997: Lao kip devalued

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

12/06/1995: Introduction of New Banknotes

New banknotes were introduced, featuring enhanced security features and updated designs.

01/03/1990: New Currency Symbol

A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.

12/04/1982: Decree on Currency Stability

The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.

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.

30/10/1953: Monetary Reform

A new monetary reform was implemented, replacing existing banknotes with new designs.

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.

04/03/1943: Paraguayan Guaraní Introduced

The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.
PYG LAK January 2024
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PYG LAK January 2025