Historic Kazakhstani tenge Iranian Rial

Kazakhstani tenge iranian rial history for August 2023. The highest quote for this month is 94.964 (02/08/2023) and the lowest 95.44 (07/08/2023). The difference between high and low is -0.5.

KZT IRR average rate for August 2023 is 93.34673, the change between 01/08/2023 and 31/08/2023 is +3.95 %.

01 August 20231 KZT = 94.95 IRR
02 August 20231 KZT = 95.04 IRR
03 August 20231 KZT = 94.91 IRR
04 August 20231 KZT = 95.01 IRR
07 August 20231 KZT = 95.54 IRR
08 August 20231 KZT = 94.69 IRR
09 August 20231 KZT = 94.68 IRR
10 August 20231 KZT = 94.80 IRR
11 August 20231 KZT = 94.97 IRR
12 August 20231 KZT = 94.16 IRR
14 August 20231 KZT = 94.31 IRR
15 August 20231 KZT = 93.89 IRR
16 August 20231 KZT = 93.52 IRR
17 August 20231 KZT = 91.83 IRR
18 August 20231 KZT = 91.89 IRR
19 August 20231 KZT = 92.56 IRR
20 August 20231 KZT = 92.56 IRR
21 August 20231 KZT = 93.36 IRR
22 August 20231 KZT = 92.98 IRR
23 August 20231 KZT = 93.19 IRR
24 August 20231 KZT = 91.55 IRR
25 August 20231 KZT = 92.02 IRR
28 August 20231 KZT = 90.87 IRR
29 August 20231 KZT = 91.17 IRR
30 August 20231 KZT = 91.37 IRR
31 August 20231 KZT = 91.20 IRR

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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign 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.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.