Historic Kazakhstani tenge Hungarian forint

Kazakhstani tenge hungarian forint history for February 2024. The highest quote for this month is 0.81347 (15/02/2024) and the lowest 0.81079 (16/02/2024). The difference between high and low is 0.33.

KZT HUF average rate for February 2024 is 0.80035, the change between 01/02/2024 and 29/02/2024 is -2.15 %.

01 February 20241 KZT = 0.7951 HUF
02 February 20241 KZT = 0.7869 HUF
03 February 20241 KZT = 0.7875 HUF
04 February 20241 KZT = 0.7875 HUF
05 February 20241 KZT = 0.7843 HUF
06 February 20241 KZT = 0.7937 HUF
07 February 20241 KZT = 0.7965 HUF
08 February 20241 KZT = 0.7992 HUF
09 February 20241 KZT = 0.8052 HUF
12 February 20241 KZT = 0.8078 HUF
13 February 20241 KZT = 0.8056 HUF
14 February 20241 KZT = 0.8109 HUF
15 February 20241 KZT = 0.8125 HUF
16 February 20241 KZT = 0.8097 HUF
17 February 20241 KZT = 0.8027 HUF
18 February 20241 KZT = 0.8023 HUF
19 February 20241 KZT = 0.8051 HUF
20 February 20241 KZT = 0.8039 HUF
21 February 20241 KZT = 0.7952 HUF
22 February 20241 KZT = 0.7981 HUF
23 February 20241 KZT = 0.7961 HUF
24 February 20241 KZT = 0.7993 HUF
25 February 20241 KZT = 0.7989 HUF
26 February 20241 KZT = 0.8019 HUF
27 February 20241 KZT = 0.8056 HUF
28 February 20241 KZT = 0.8059 HUF
29 February 20241 KZT = 0.8122 HUF

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.

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

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.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.