Historic Kazakhstani tenge Indian Rupee

Kazakhstani tenge indian rupee history for November 2023. The highest quote for this month is 0.18276 (29/11/2023) and the lowest 0.18316 (22/11/2023). The difference between high and low is -0.22.

KZT INR average rate for November 2023 is 0.18086, the change between 01/11/2023 and 30/11/2023 is -2.18 %.

01 November 20231 KZT = 0.1787 INR
02 November 20231 KZT = 0.1824 INR
03 November 20231 KZT = 0.1797 INR
06 November 20231 KZT = 0.1814 INR
07 November 20231 KZT = 0.1805 INR
08 November 20231 KZT = 0.1800 INR
09 November 20231 KZT = 0.1786 INR
10 November 20231 KZT = 0.1788 INR
12 November 20231 KZT = 0.1784 INR
13 November 20231 KZT = 0.1799 INR
14 November 20231 KZT = 0.1797 INR
15 November 20231 KZT = 0.1801 INR
16 November 20231 KZT = 0.1805 INR
17 November 20231 KZT = 0.1810 INR
18 November 20231 KZT = 0.1804 INR
19 November 20231 KZT = 0.1804 INR
20 November 20231 KZT = 0.1815 INR
21 November 20231 KZT = 0.1812 INR
22 November 20231 KZT = 0.1828 INR
23 November 20231 KZT = 0.1838 INR
24 November 20231 KZT = 0.1816 INR
26 November 20231 KZT = 0.1814 INR
27 November 20231 KZT = 0.1822 INR
28 November 20231 KZT = 0.1825 INR
29 November 20231 KZT = 0.1824 INR
30 November 20231 KZT = 0.1826 INR

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.

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

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.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.