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

United States dollar kazakhstani tenge history for October 2023. The highest quote for this month is 479.79 (07/10/2023) and the lowest 478.27 (21/10/2023). The difference between high and low is 0.32.

USD KZT average rate for October 2023 is 474.102, the change between 01/10/2023 and 31/10/2023 is +1.84 %.

01 October 2023	1 USD = 477.4 KZT
03 October 2023	1 USD = 474.6 KZT
04 October 2023	1 USD = 474.2 KZT
06 October 2023	1 USD = 474.2 KZT
07 October 2023	1 USD = 477.2 KZT
09 October 2023	1 USD = 472.4 KZT
10 October 2023	1 USD = 475.2 KZT
11 October 2023	1 USD = 474.6 KZT
13 October 2023	1 USD = 473.6 KZT
16 October 2023	1 USD = 474.2 KZT
17 October 2023	1 USD = 474.4 KZT
18 October 2023	1 USD = 474.6 KZT
19 October 2023	1 USD = 476.3 KZT
20 October 2023	1 USD = 477.0 KZT
21 October 2023	1 USD = 478.3 KZT
22 October 2023	1 USD = 478.3 KZT
23 October 2023	1 USD = 475.8 KZT
24 October 2023	1 USD = 474.7 KZT
25 October 2023	1 USD = 474.2 KZT
26 October 2023	1 USD = 474.0 KZT
27 October 2023	1 USD = 471.7 KZT
28 October 2023	1 USD = 470.3 KZT
29 October 2023	1 USD = 470.3 KZT
30 October 2023	1 USD = 466.5 KZT
31 October 2023	1 USD = 468.6 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.