Historic Egyptian Pound Kazakhstani tenge

Egyptian Pound kazakhstani tenge history for January 2024. The highest quote for this month is 14.753 (06/01/2024) and the lowest 14.763 (01/01/2024). The difference between high and low is -0.07.

EGP KZT average rate for January 2024 is 14.57274, the change between 01/01/2024 and 31/01/2024 is +2.09 %.

01 January 20241 EGP = 14.73 KZT
02 January 20241 EGP = 14.69 KZT
03 January 20241 EGP = 14.66 KZT
04 January 20241 EGP = 14.71 KZT
05 January 20241 EGP = 14.69 KZT
06 January 20241 EGP = 14.72 KZT
07 January 20241 EGP = 14.72 KZT
08 January 20241 EGP = 14.70 KZT
09 January 20241 EGP = 14.60 KZT
10 January 20241 EGP = 14.63 KZT
11 January 20241 EGP = 14.63 KZT
12 January 20241 EGP = 14.55 KZT
14 January 20241 EGP = 14.63 KZT
15 January 20241 EGP = 14.52 KZT
16 January 20241 EGP = 14.51 KZT
17 January 20241 EGP = 14.59 KZT
18 January 20241 EGP = 14.60 KZT
19 January 20241 EGP = 14.55 KZT
22 January 20241 EGP = 14.53 KZT
23 January 20241 EGP = 14.41 KZT
24 January 20241 EGP = 14.32 KZT
25 January 20241 EGP = 14.39 KZT
26 January 20241 EGP = 14.44 KZT
28 January 20241 EGP = 14.55 KZT
29 January 20241 EGP = 14.53 KZT
30 January 20241 EGP = 14.47 KZT
31 January 20241 EGP = 14.42 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.

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
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