United States dollar kazakhstani tenge exchange rate history (USD KZT) December 2023

United States dollar kazakhstani tenge history for December 2023. The highest quote for this month is 461.58 (23/12/2023) and the lowest 461.07 (02/12/2023). The difference between high and low is 0.11.

USD KZT average rate for December 2023 is 456.97786, the change between 01/12/2023 and 31/12/2023 is +0.72 %.

01 December 2023	1 USD = 456.8 KZT
02 December 2023	1 USD = 461.1 KZT
03 December 2023	1 USD = 461.1 KZT
04 December 2023	1 USD = 459.1 KZT
05 December 2023	1 USD = 459.6 KZT
06 December 2023	1 USD = 458.4 KZT
07 December 2023	1 USD = 458.8 KZT
08 December 2023	1 USD = 456.7 KZT
10 December 2023	1 USD = 458.2 KZT
11 December 2023	1 USD = 456.8 KZT
12 December 2023	1 USD = 456.5 KZT
13 December 2023	1 USD = 454.3 KZT
14 December 2023	1 USD = 456.0 KZT
15 December 2023	1 USD = 453.9 KZT
16 December 2023	1 USD = 458.3 KZT
17 December 2023	1 USD = 458.3 KZT
18 December 2023	1 USD = 458.7 KZT
19 December 2023	1 USD = 456.2 KZT
20 December 2023	1 USD = 454.6 KZT
21 December 2023	1 USD = 453.5 KZT
22 December 2023	1 USD = 457.5 KZT
23 December 2023	1 USD = 457.1 KZT
24 December 2023	1 USD = 457.1 KZT
25 December 2023	1 USD = 456.6 KZT
26 December 2023	1 USD = 456.6 KZT
27 December 2023	1 USD = 456.9 KZT
28 December 2023	1 USD = 453.4 KZT
29 December 2023	1 USD = 453.5 KZT

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize the currency.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.