Historic Swazi lilangeni Lao kip

Swazi lilangeni lao kip history for February 2024. The highest quote for this month is 1114.58 (02/02/2024) and the lowest 1118.23 (03/02/2024). The difference between high and low is -0.33.

SZL LAK average rate for February 2024 is 1093.56407, the change between 01/02/2024 and 29/02/2024 is +2.81 %.

01 February 20241 SZL = 1113.35 LAK
02 February 20241 SZL = 1114.58 LAK
03 February 20241 SZL = 1097.21 LAK
04 February 20241 SZL = 1097.21 LAK
05 February 20241 SZL = 1112.27 LAK
06 February 20241 SZL = 1096.91 LAK
07 February 20241 SZL = 1103.29 LAK
08 February 20241 SZL = 1100.00 LAK
09 February 20241 SZL = 1095.99 LAK
12 February 20241 SZL = 1094.15 LAK
13 February 20241 SZL = 1044.20 LAK
14 February 20241 SZL = 1086.73 LAK
15 February 20241 SZL = 1092.39 LAK
16 February 20241 SZL = 1098.10 LAK
17 February 20241 SZL = 1102.80 LAK
18 February 20241 SZL = 1104.27 LAK
19 February 20241 SZL = 1103.19 LAK
20 February 20241 SZL = 1097.23 LAK
21 February 20241 SZL = 1099.95 LAK
22 February 20241 SZL = 1098.15 LAK
23 February 20241 SZL = 1085.25 LAK
24 February 20241 SZL = 1078.71 LAK
25 February 20241 SZL = 1078.71 LAK
26 February 20241 SZL = 1080.69 LAK
27 February 20241 SZL = 1077.58 LAK
28 February 20241 SZL = 1091.24 LAK
29 February 20241 SZL = 1082.08 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.

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.