Historic Ukrainian hryvnia Lao kip

Ukrainian hryvnia lao kip history for December 2023. The highest quote for this month is 571.07 (01/12/2023) and the lowest 566.89 (01/12/2023). The difference between high and low is 0.73.

UAH LAK average rate for December 2023 is 557.86143, the change between 01/12/2023 and 31/12/2023 is +4.81 %.

01 December 20231 UAH = 566.9 LAK
02 December 20231 UAH = 565.6 LAK
03 December 20231 UAH = 565.6 LAK
04 December 20231 UAH = 565.7 LAK
05 December 20231 UAH = 569.4 LAK
06 December 20231 UAH = 567.7 LAK
07 December 20231 UAH = 562.8 LAK
08 December 20231 UAH = 567.7 LAK
10 December 20231 UAH = 566.3 LAK
11 December 20231 UAH = 562.1 LAK
12 December 20231 UAH = 564.9 LAK
13 December 20231 UAH = 558.2 LAK
14 December 20231 UAH = 562.5 LAK
15 December 20231 UAH = 561.5 LAK
16 December 20231 UAH = 562.2 LAK
17 December 20231 UAH = 562.2 LAK
18 December 20231 UAH = 553.2 LAK
19 December 20231 UAH = 551.8 LAK
20 December 20231 UAH = 552.7 LAK
21 December 20231 UAH = 550.2 LAK
22 December 20231 UAH = 551.3 LAK
23 December 20231 UAH = 550.6 LAK
24 December 20231 UAH = 546.6 LAK
25 December 20231 UAH = 546.4 LAK
26 December 20231 UAH = 546.8 LAK
27 December 20231 UAH = 550.5 LAK
28 December 20231 UAH = 549.0 LAK
29 December 20231 UAH = 539.6 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.

02/03/2020: COVID-19 impact

The outbreak of the COVID-19 pandemic resulted in economic disruptions, affecting the Ukrainian Hryvnia and causing volatility in the currency markets.

05/02/2015: Currency devaluation

Due to the economic crisis, the Ukrainian Hryvnia experienced a significant devaluation, leading to a sharp increase in prices and financial hardships.

20/02/2014: Ukrainian revolution

The Ukrainian revolution began, leading to political instability and economic challenges, impacting the value and stability of the Ukrainian Hryvnia.

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.

01/07/2008: Exchange rate flexibility

Ukraine implemented a flexible exchange rate system, allowing the Ukrainian Hryvnia to fluctuate based on market forces rather than being pegged to a fixed rate.

01/10/2004: Banknote redesign

New banknotes of the Ukrainian Hryvnia were issued with enhanced security features and updated designs, aimed at combating counterfeiting.

02/07/1997: Lao kip devalued

Amidst the Asian financial crisis, the Lao government devalued the kip by approximately 20% against the US dollar.

02/09/1996: Currency reform

A currency reform was conducted, introducing new banknotes and coins of the Ukrainian Hryvnia, addressing issues of inflation and stabilization.

02/09/1992: Introduction of the Ukrainian Hryvnia

The Ukrainian Hryvnia (UAH) was introduced as the national currency, replacing the Soviet ruble, marking Ukraine's economic independence.

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.
UAH LAK July 2023
UAH LAK August 2023
UAH LAK September 2023
UAH LAK October 2023
UAH LAK November 2023
UAH LAK December 2023
UAH LAK January 2024
UAH LAK February 2024
UAH LAK March 2024
UAH LAK April 2024
UAH LAK May 2024
UAH LAK June 2024
UAH LAK July 2024