Historic Ethiopian birr Kazakhstani tenge

Ethiopian birr kazakhstani tenge history for March 2024. The highest quote for this month is 7.9586 (01/03/2024) and the lowest 7.9933 (04/03/2024). The difference between high and low is -0.44.

ETB KZT average rate for March 2024 is 7.90947, the change between 01/03/2024 and 31/03/2024 is +1.15 %.

01 March 20241 ETB = 7.95 KZT
04 March 20241 ETB = 7.99 KZT
05 March 20241 ETB = 7.95 KZT
06 March 20241 ETB = 7.88 KZT
07 March 20241 ETB = 7.89 KZT
08 March 20241 ETB = 7.85 KZT
11 March 20241 ETB = 7.85 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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

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.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.