Kazakhstani tenge iraqi dinar exchange rate history (KZT IQD) December 2023

Kazakhstani tenge iraqi dinar history for December 2023. The highest quote for this month is 2.8979 (28/12/2023) and the lowest 2.8635 (23/12/2023). The difference between high and low is 1.19.

KZT IQD average rate for December 2023 is 2.84554, the change between 01/12/2023 and 31/12/2023 is -2.8 %.

01 December 2023	1 KZT = 2.806 IQD
02 December 2023	1 KZT = 2.837 IQD
03 December 2023	1 KZT = 2.837 IQD
04 December 2023	1 KZT = 2.796 IQD
05 December 2023	1 KZT = 2.846 IQD
06 December 2023	1 KZT = 2.854 IQD
07 December 2023	1 KZT = 2.796 IQD
08 December 2023	1 KZT = 2.864 IQD
10 December 2023	1 KZT = 2.857 IQD
11 December 2023	1 KZT = 2.810 IQD
12 December 2023	1 KZT = 2.867 IQD
13 December 2023	1 KZT = 2.822 IQD
14 December 2023	1 KZT = 2.869 IQD
15 December 2023	1 KZT = 2.882 IQD
16 December 2023	1 KZT = 2.854 IQD
17 December 2023	1 KZT = 2.854 IQD
18 December 2023	1 KZT = 2.812 IQD
19 December 2023	1 KZT = 2.809 IQD
20 December 2023	1 KZT = 2.877 IQD
21 December 2023	1 KZT = 2.884 IQD
22 December 2023	1 KZT = 2.859 IQD
23 December 2023	1 KZT = 2.864 IQD
24 December 2023	1 KZT = 2.864 IQD
25 December 2023	1 KZT = 2.813 IQD
26 December 2023	1 KZT = 2.813 IQD
27 December 2023	1 KZT = 2.863 IQD
28 December 2023	1 KZT = 2.885 IQD
29 December 2023	1 KZT = 2.884 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

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.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic Kazakhstani tenge Iraqi dinar