Historic Kazakhstani tenge Egyptian Pound

Kazakhstani tenge egyptian pound history for December 2023. The highest quote for this month is 0.068531 (28/12/2023) and the lowest 0.068223 (28/12/2023). The difference between high and low is 0.45.

KZT EGP average rate for December 2023 is 0.06753, the change between 01/12/2023 and 31/12/2023 is -0.78 %.

01 December 20231 KZT = 0.0676 EGP
02 December 20231 KZT = 0.0669 EGP
03 December 20231 KZT = 0.0669 EGP
04 December 20231 KZT = 0.0671 EGP
05 December 20231 KZT = 0.0672 EGP
06 December 20231 KZT = 0.0671 EGP
07 December 20231 KZT = 0.0674 EGP
08 December 20231 KZT = 0.0676 EGP
10 December 20231 KZT = 0.0673 EGP
11 December 20231 KZT = 0.0675 EGP
12 December 20231 KZT = 0.0677 EGP
13 December 20231 KZT = 0.0680 EGP
14 December 20231 KZT = 0.0677 EGP
15 December 20231 KZT = 0.0681 EGP
16 December 20231 KZT = 0.0674 EGP
17 December 20231 KZT = 0.0675 EGP
18 December 20231 KZT = 0.0674 EGP
19 December 20231 KZT = 0.0677 EGP
20 December 20231 KZT = 0.0679 EGP
21 December 20231 KZT = 0.0681 EGP
22 December 20231 KZT = 0.0675 EGP
23 December 20231 KZT = 0.0675 EGP
24 December 20231 KZT = 0.0675 EGP
25 December 20231 KZT = 0.0676 EGP
26 December 20231 KZT = 0.0676 EGP
27 December 20231 KZT = 0.0674 EGP
28 December 20231 KZT = 0.0679 EGP
29 December 20231 KZT = 0.0681 EGP

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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