Historic Kazakhstani tenge Iranian Rial

Kazakhstani tenge iranian rial history for January 2024. The highest quote for this month is 94.613 (24/01/2024) and the lowest 95.041 (23/01/2024). The difference between high and low is -0.45.

KZT IRR average rate for January 2024 is 93.425, the change between 01/01/2024 and 31/01/2024 is -2.07 %.

01 January 20241 KZT = 92.29 IRR
02 January 20241 KZT = 92.21 IRR
03 January 20241 KZT = 92.74 IRR
04 January 20241 KZT = 92.43 IRR
05 January 20241 KZT = 93.02 IRR
06 January 20241 KZT = 92.81 IRR
07 January 20241 KZT = 92.81 IRR
08 January 20241 KZT = 93.42 IRR
09 January 20241 KZT = 93.16 IRR
10 January 20241 KZT = 92.96 IRR
11 January 20241 KZT = 93.01 IRR
12 January 20241 KZT = 93.49 IRR
14 January 20241 KZT = 93.06 IRR
15 January 20241 KZT = 93.66 IRR
16 January 20241 KZT = 93.62 IRR
17 January 20241 KZT = 93.25 IRR
18 January 20241 KZT = 93.27 IRR
19 January 20241 KZT = 93.55 IRR
22 January 20241 KZT = 94.03 IRR
23 January 20241 KZT = 94.48 IRR
24 January 20241 KZT = 95.04 IRR
25 January 20241 KZT = 94.61 IRR
26 January 20241 KZT = 94.21 IRR
28 January 20241 KZT = 93.35 IRR
29 January 20241 KZT = 93.71 IRR
30 January 20241 KZT = 94.09 IRR
31 January 20241 KZT = 94.20 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.