Historic Tanzanian Shilling Lao kip

Tanzanian Shilling lao kip history for February 2024. The highest quote for this month is 8.231 (04/02/2024) and the lowest 8.3081 (12/02/2024). The difference between high and low is -0.94.

TZS LAK average rate for February 2024 is 8.19492, the change between 01/02/2024 and 29/02/2024 is -0.49 %.

01 February 20241 TZS = 8.20 LAK
02 February 20241 TZS = 8.14 LAK
03 February 20241 TZS = 8.23 LAK
04 February 20241 TZS = 8.23 LAK
05 February 20241 TZS = 8.28 LAK
06 February 20241 TZS = 8.10 LAK
07 February 20241 TZS = 8.16 LAK
08 February 20241 TZS = 8.17 LAK
09 February 20241 TZS = 8.23 LAK
12 February 20241 TZS = 8.31 LAK
13 February 20241 TZS = 8.14 LAK
14 February 20241 TZS = 8.17 LAK
15 February 20241 TZS = 8.21 LAK
16 February 20241 TZS = 8.18 LAK
17 February 20241 TZS = 8.22 LAK
18 February 20241 TZS = 8.22 LAK
19 February 20241 TZS = 8.27 LAK
20 February 20241 TZS = 8.09 LAK
21 February 20241 TZS = 8.17 LAK
22 February 20241 TZS = 8.18 LAK
23 February 20241 TZS = 8.18 LAK
24 February 20241 TZS = 8.19 LAK
25 February 20241 TZS = 8.19 LAK
26 February 20241 TZS = 8.24 LAK
27 February 20241 TZS = 8.16 LAK
28 February 20241 TZS = 8.16 LAK
29 February 20241 TZS = 8.24 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.
TZS LAK July 2023
TZS LAK August 2023
TZS LAK September 2023
TZS LAK October 2023
TZS LAK November 2023
TZS LAK December 2023
TZS LAK January 2024
TZS LAK February 2024
TZS LAK March 2024
TZS LAK April 2024
TZS LAK May 2024
TZS LAK June 2024
TZS LAK July 2024