Historic Tunisian dinar Lao kip

Tunisian dinar lao kip history for October 2023. The highest quote for this month is 6545.28 (29/10/2023) and the lowest 6545.28 (29/10/2023). The difference between high and low is 0.

TND LAK average rate for October 2023 is 6471.34296, the change between 01/10/2023 and 31/10/2023 is -1.72 %.

01 October 20231 TND = 6431.97 LAK
02 October 20231 TND = 6405.48 LAK
03 October 20231 TND = 6406.94 LAK
04 October 20231 TND = 6406.42 LAK
05 October 20231 TND = 6424.53 LAK
06 October 20231 TND = 6353.23 LAK
07 October 20231 TND = 6444.55 LAK
09 October 20231 TND = 6362.70 LAK
10 October 20231 TND = 6390.93 LAK
11 October 20231 TND = 6487.94 LAK
12 October 20231 TND = 6479.43 LAK
13 October 20231 TND = 6481.01 LAK
16 October 20231 TND = 6439.16 LAK
17 October 20231 TND = 6496.06 LAK
18 October 20231 TND = 6494.49 LAK
19 October 20231 TND = 6448.45 LAK
20 October 20231 TND = 6540.04 LAK
21 October 20231 TND = 6541.14 LAK
22 October 20231 TND = 6541.14 LAK
23 October 20231 TND = 6465.79 LAK
24 October 20231 TND = 6546.68 LAK
25 October 20231 TND = 6534.81 LAK
26 October 20231 TND = 6526.75 LAK
27 October 20231 TND = 6526.75 LAK
29 October 20231 TND = 6545.28 LAK
30 October 20231 TND = 6462.03 LAK
31 October 20231 TND = 6542.56 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.