Historic Sierra Leonean leone Lao kip

Sierra Leonean leone lao kip history for January 2024. The highest quote for this month is 1.0471 (26/01/2024) and the lowest 1.0404 (26/01/2024). The difference between high and low is 0.64.

SLL LAK average rate for January 2024 is 1.0223, the change between 01/01/2024 and 31/01/2024 is -1.6 %.

01 January 20241 SLL = 1.033 LAK
02 January 20241 SLL = 1.034 LAK
03 January 20241 SLL = 1.041 LAK
04 January 20241 SLL = 1.041 LAK
05 January 20241 SLL = 1.045 LAK
06 January 20241 SLL = 0.9116 LAK
07 January 20241 SLL = 0.9116 LAK
08 January 20241 SLL = 1.031 LAK
09 January 20241 SLL = 1.045 LAK
10 January 20241 SLL = 1.034 LAK
11 January 20241 SLL = 1.045 LAK
12 January 20241 SLL = 1.044 LAK
14 January 20241 SLL = 0.9034 LAK
15 January 20241 SLL = 1.034 LAK
16 January 20241 SLL = 1.035 LAK
17 January 20241 SLL = 1.037 LAK
18 January 20241 SLL = 1.048 LAK
19 January 20241 SLL = 1.048 LAK
22 January 20241 SLL = 1.037 LAK
23 January 20241 SLL = 1.048 LAK
24 January 20241 SLL = 1.048 LAK
25 January 20241 SLL = 1.049 LAK
26 January 20241 SLL = 1.049 LAK
28 January 20241 SLL = 0.9105 LAK
29 January 20241 SLL = 1.041 LAK
30 January 20241 SLL = 1.049 LAK
31 January 20241 SLL = 1.050 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.

27/04/2010: Adoption of new currency symbol

Sierra Leone adopts a new currency symbol for the leone (Le), representing its cultural heritage and national identity.

29/07/2003: Introduction of new leone notes

Sierra Leone introduces a new series of leone banknotes with enhanced security features to combat 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.

22/02/1996: Civil war ends

The Sierra Leonean Civil War comes to an end, providing an opportunity for economic stabilization and currency reform.

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.

29/04/1980: Coup d'etat

A military coup takes place in Sierra Leone, leading to economic instability and a decline in the value of the leone.

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.

15/07/1974: Redenomination of the leone

Sierra Leone redenominates its currency, replacing the old leone with a new leone at a ratio of 1:4.

04/11/1971: Introduction of decimal currency

Sierra Leone adopts a decimal currency system, replacing the pound with the leone as its new official currency.

27/04/1961: Independence of Sierra Leone

Sierra Leone gains independence from the United Kingdom, introducing the Sierra Leonean leone as its official currency.

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.