Historic Tunisian dinar Lao kip

Tunisian dinar lao kip history for September 2023. The highest quote for this month is 6412.65 (30/09/2023) and the lowest 6425.63 (30/09/2023). The difference between high and low is -0.2.

TND LAK average rate for September 2023 is 6317.55565, the change between 01/09/2023 and 30/09/2023 is -3.08 %.

01 September 20231 TND = 6239.53 LAK
04 September 20231 TND = 6279.42 LAK
05 September 20231 TND = 6311.84 LAK
06 September 20231 TND = 6316.91 LAK
07 September 20231 TND = 6294.87 LAK
08 September 20231 TND = 6285.99 LAK
11 September 20231 TND = 6265.50 LAK
12 September 20231 TND = 6306.98 LAK
13 September 20231 TND = 6333.87 LAK
14 September 20231 TND = 6318.65 LAK
15 September 20231 TND = 6269.82 LAK
18 September 20231 TND = 6263.25 LAK
19 September 20231 TND = 6307.94 LAK
20 September 20231 TND = 6305.45 LAK
21 September 20231 TND = 6365.09 LAK
22 September 20231 TND = 6342.86 LAK
23 September 20231 TND = 6350.09 LAK
24 September 20231 TND = 6350.09 LAK
25 September 20231 TND = 6292.10 LAK
27 September 20231 TND = 6330.39 LAK
28 September 20231 TND = 6357.19 LAK
29 September 20231 TND = 6383.98 LAK
30 September 20231 TND = 6431.97 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.