Historic Kazakhstani tenge Iranian Rial

Kazakhstani tenge iranian rial history for September 2023. The highest quote for this month is 91.949 (01/09/2023) and the lowest 92.341 (01/09/2023). The difference between high and low is -0.43.

KZT IRR average rate for September 2023 is 90.05329, the change between 01/09/2023 and 30/09/2023 is +4.62 %.

01 September 20231 KZT = 92.24 IRR
04 September 20231 KZT = 91.98 IRR
05 September 20231 KZT = 92.14 IRR
06 September 20231 KZT = 91.70 IRR
07 September 20231 KZT = 91.18 IRR
08 September 20231 KZT = 90.83 IRR
11 September 20231 KZT = 91.15 IRR
12 September 20231 KZT = 91.45 IRR
13 September 20231 KZT = 91.21 IRR
14 September 20231 KZT = 90.63 IRR
15 September 20231 KZT = 90.74 IRR
18 September 20231 KZT = 90.42 IRR
19 September 20231 KZT = 89.31 IRR
20 September 20231 KZT = 89.68 IRR
21 September 20231 KZT = 89.11 IRR
22 September 20231 KZT = 88.54 IRR
23 September 20231 KZT = 88.71 IRR
24 September 20231 KZT = 88.71 IRR
25 September 20231 KZT = 89.24 IRR
26 September 20231 KZT = 89.14 IRR
27 September 20231 KZT = 88.15 IRR
28 September 20231 KZT = 88.03 IRR
29 September 20231 KZT = 89.02 IRR
30 September 20231 KZT = 87.98 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.