Historic Argentine peso Kazakhstani tenge

Argentine peso kazakhstani tenge history for January 2024. The highest quote for this month is 0.56214 (01/01/2024) and the lowest 0.56254 (01/01/2024). The difference between high and low is -0.07.

ARS KZT average rate for January 2024 is 0.55035, the change between 01/01/2024 and 31/01/2024 is +3.81 %.

01 January 20241 ARS = 0.5613 KZT
02 January 20241 ARS = 0.5618 KZT
03 January 20241 ARS = 0.5587 KZT
04 January 20241 ARS = 0.5606 KZT
05 January 20241 ARS = 0.5567 KZT
06 January 20241 ARS = 0.5572 KZT
07 January 20241 ARS = 0.5572 KZT
08 January 20241 ARS = 0.5553 KZT
09 January 20241 ARS = 0.5539 KZT
10 January 20241 ARS = 0.5548 KZT
11 January 20241 ARS = 0.5541 KZT
12 January 20241 ARS = 0.5509 KZT
14 January 20241 ARS = 0.5531 KZT
15 January 20241 ARS = 0.5493 KZT
16 January 20241 ARS = 0.5486 KZT
17 January 20241 ARS = 0.5505 KZT
18 January 20241 ARS = 0.5504 KZT
19 January 20241 ARS = 0.5480 KZT
22 January 20241 ARS = 0.5455 KZT
23 January 20241 ARS = 0.5415 KZT
24 January 20241 ARS = 0.5380 KZT
25 January 20241 ARS = 0.5401 KZT
26 January 20241 ARS = 0.5417 KZT
28 January 20241 ARS = 0.5463 KZT
29 January 20241 ARS = 0.5430 KZT
30 January 20241 ARS = 0.5412 KZT
31 January 20241 ARS = 0.5400 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.

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

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.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

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.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

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.

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.