Historic Uruguayan peso Lao kip

Uruguayan peso lao kip history for January 2024. The highest quote for this month is 540.27 (25/01/2024) and the lowest 536.83 (26/01/2024). The difference between high and low is 0.64.

UYU LAK average rate for January 2024 is 531.01852, the change between 01/01/2024 and 31/01/2024 is -1.91 %.

01 January 20241 UYU = 527.6 LAK
02 January 20241 UYU = 527.6 LAK
03 January 20241 UYU = 532.1 LAK
04 January 20241 UYU = 533.2 LAK
05 January 20241 UYU = 534.1 LAK
06 January 20241 UYU = 524.9 LAK
07 January 20241 UYU = 524.9 LAK
08 January 20241 UYU = 527.5 LAK
09 January 20241 UYU = 532.2 LAK
10 January 20241 UYU = 525.4 LAK
11 January 20241 UYU = 530.3 LAK
12 January 20241 UYU = 528.7 LAK
14 January 20241 UYU = 522.8 LAK
15 January 20241 UYU = 525.7 LAK
16 January 20241 UYU = 525.2 LAK
17 January 20241 UYU = 525.1 LAK
18 January 20241 UYU = 534.6 LAK
19 January 20241 UYU = 533.0 LAK
22 January 20241 UYU = 527.7 LAK
23 January 20241 UYU = 531.8 LAK
24 January 20241 UYU = 536.4 LAK
25 January 20241 UYU = 541.1 LAK
26 January 20241 UYU = 541.4 LAK
28 January 20241 UYU = 531.3 LAK
29 January 20241 UYU = 536.9 LAK
30 January 20241 UYU = 538.3 LAK
31 January 20241 UYU = 537.7 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.
UYU LAK August 2023
UYU LAK September 2023
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