Historic Iraqi dinar Kazakhstani tenge

Iraqi dinar kazakhstani tenge history for February 2024. The highest quote for this month is 0.3531 (06/02/2024) and the lowest 0.3531 (05/02/2024). The difference between high and low is 0.

IQD KZT average rate for February 2024 is 0.34447, the change between 01/02/2024 and 29/02/2024 is -2.29 %.

01 February 20241 IQD = 0.3413 KZT
02 February 20241 IQD = 0.3419 KZT
03 February 20241 IQD = 0.3451 KZT
04 February 20241 IQD = 0.3451 KZT
05 February 20241 IQD = 0.3504 KZT
06 February 20241 IQD = 0.3531 KZT
07 February 20241 IQD = 0.3447 KZT
08 February 20241 IQD = 0.3449 KZT
09 February 20241 IQD = 0.3423 KZT
12 February 20241 IQD = 0.3462 KZT
13 February 20241 IQD = 0.3407 KZT
14 February 20241 IQD = 0.3407 KZT
15 February 20241 IQD = 0.3407 KZT
16 February 20241 IQD = 0.3409 KZT
17 February 20241 IQD = 0.3433 KZT
18 February 20241 IQD = 0.3433 KZT
19 February 20241 IQD = 0.3487 KZT
20 February 20241 IQD = 0.3497 KZT
21 February 20241 IQD = 0.3445 KZT
22 February 20241 IQD = 0.3426 KZT
23 February 20241 IQD = 0.3433 KZT
24 February 20241 IQD = 0.3432 KZT
25 February 20241 IQD = 0.3432 KZT
26 February 20241 IQD = 0.3496 KZT
27 February 20241 IQD = 0.3404 KZT
28 February 20241 IQD = 0.3419 KZT
29 February 20241 IQD = 0.3491 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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

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.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
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