Historic Tunisian dinar Lao kip

Tunisian dinar lao kip history for January 2024. The highest quote for this month is 6698.25 (02/01/2024) and the lowest 6662.57 (14/01/2024). The difference between high and low is 0.53.

TND LAK average rate for January 2024 is 6632.68185, the change between 01/01/2024 and 31/01/2024 is +0.2 %.

01 January 20241 TND = 6650.34 LAK
02 January 20241 TND = 6655.28 LAK
03 January 20241 TND = 6698.25 LAK
04 January 20241 TND = 6634.30 LAK
05 January 20241 TND = 6654.82 LAK
06 January 20241 TND = 6660.95 LAK
07 January 20241 TND = 6660.95 LAK
08 January 20241 TND = 6565.06 LAK
09 January 20241 TND = 6649.43 LAK
10 January 20241 TND = 6582.88 LAK
11 January 20241 TND = 6654.81 LAK
12 January 20241 TND = 6645.67 LAK
14 January 20241 TND = 6662.57 LAK
15 January 20241 TND = 6579.54 LAK
16 January 20241 TND = 6585.24 LAK
17 January 20241 TND = 6607.76 LAK
18 January 20241 TND = 6634.52 LAK
19 January 20241 TND = 6634.52 LAK
22 January 20241 TND = 6570.28 LAK
23 January 20241 TND = 6639.32 LAK
24 January 20241 TND = 6644.14 LAK
25 January 20241 TND = 6635.63 LAK
26 January 20241 TND = 6648.97 LAK
28 January 20241 TND = 6648.25 LAK
29 January 20241 TND = 6599.66 LAK
30 January 20241 TND = 6642.03 LAK
31 January 20241 TND = 6637.24 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.