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

Tunisian dinar lao kip history for December 2023. The highest quote for this month is 6729.77 (15/12/2023) and the lowest 6698.17 (24/12/2023). The difference between high and low is 0.47.

TND LAK average rate for December 2023 is 6643.75429, the change between 01/12/2023 and 31/12/2023 is -1.29 %.

01 December 2023	1 TND = 6613.94 LAK
02 December 2023	1 TND = 6645.78 LAK
03 December 2023	1 TND = 6645.78 LAK
04 December 2023	1 TND = 6583.95 LAK
05 December 2023	1 TND = 6643.64 LAK
06 December 2023	1 TND = 6612.28 LAK
07 December 2023	1 TND = 6560.17 LAK
08 December 2023	1 TND = 6626.08 LAK
10 December 2023	1 TND = 6617.67 LAK
11 December 2023	1 TND = 6560.00 LAK
12 December 2023	1 TND = 6619.76 LAK
13 December 2023	1 TND = 6556.99 LAK
14 December 2023	1 TND = 6650.05 LAK
15 December 2023	1 TND = 6729.77 LAK
16 December 2023	1 TND = 6662.78 LAK
17 December 2023	1 TND = 6662.78 LAK
18 December 2023	1 TND = 6674.60 LAK
19 December 2023	1 TND = 6651.34 LAK
20 December 2023	1 TND = 6682.44 LAK
21 December 2023	1 TND = 6662.34 LAK
22 December 2023	1 TND = 6672.07 LAK
23 December 2023	1 TND = 6670.35 LAK
24 December 2023	1 TND = 6698.17 LAK
25 December 2023	1 TND = 6607.69 LAK
26 December 2023	1 TND = 6612.13 LAK
27 December 2023	1 TND = 6672.63 LAK
28 December 2023	1 TND = 6730.59 LAK
29 December 2023	1 TND = 6699.35 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.