Tunisian dinar lao kip exchange rate history (TND LAK) August 2023

Tunisian dinar lao kip history for August 2023. The highest quote for this month is 6309.72 (12/08/2023) and the lowest 6309.72 (12/08/2023). The difference between high and low is 0.

TND LAK average rate for August 2023 is 6219.78038, the change between 01/08/2023 and 31/08/2023 is -1 %.

01 August 2023	1 TND = 6177.95 LAK
02 August 2023	1 TND = 6169.83 LAK
03 August 2023	1 TND = 6226.13 LAK
04 August 2023	1 TND = 6177.04 LAK
07 August 2023	1 TND = 6187.18 LAK
08 August 2023	1 TND = 6220.58 LAK
09 August 2023	1 TND = 6222.94 LAK
10 August 2023	1 TND = 6228.72 LAK
11 August 2023	1 TND = 6229.16 LAK
12 August 2023	1 TND = 6309.72 LAK
14 August 2023	1 TND = 6250.53 LAK
15 August 2023	1 TND = 6191.25 LAK
16 August 2023	1 TND = 6187.70 LAK
17 August 2023	1 TND = 6203.88 LAK
18 August 2023	1 TND = 6234.19 LAK
19 August 2023	1 TND = 6239.06 LAK
20 August 2023	1 TND = 6239.06 LAK
21 August 2023	1 TND = 6236.43 LAK
22 August 2023	1 TND = 6213.78 LAK
23 August 2023	1 TND = 6212.17 LAK
24 August 2023	1 TND = 6200.19 LAK
25 August 2023	1 TND = 6217.87 LAK
28 August 2023	1 TND = 6231.79 LAK
29 August 2023	1 TND = 6236.53 LAK
30 August 2023	1 TND = 6230.74 LAK
31 August 2023	1 TND = 6239.87 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.