Kazakhstani tenge namibian dollar exchange rate history (KZT NAD) December 2023

Kazakhstani tenge namibian dollar history for December 2023. The highest quote for this month is 0.04204 (14/12/2023) and the lowest 0.042287 (14/12/2023). The difference between high and low is -0.59.

KZT NAD average rate for December 2023 is 0.04077, the change between 01/12/2023 and 31/12/2023 is +1 %.

01 December 2023	1 KZT = 0.0409 NAD
02 December 2023	1 KZT = 0.0404 NAD
03 December 2023	1 KZT = 0.0404 NAD
04 December 2023	1 KZT = 0.0405 NAD
05 December 2023	1 KZT = 0.0405 NAD
06 December 2023	1 KZT = 0.0414 NAD
07 December 2023	1 KZT = 0.0412 NAD
08 December 2023	1 KZT = 0.0410 NAD
10 December 2023	1 KZT = 0.0414 NAD
11 December 2023	1 KZT = 0.0415 NAD
12 December 2023	1 KZT = 0.0418 NAD
13 December 2023	1 KZT = 0.0420 NAD
14 December 2023	1 KZT = 0.0418 NAD
15 December 2023	1 KZT = 0.0420 NAD
16 December 2023	1 KZT = 0.0400 NAD
17 December 2023	1 KZT = 0.0400 NAD
18 December 2023	1 KZT = 0.0416 NAD
19 December 2023	1 KZT = 0.0401 NAD
20 December 2023	1 KZT = 0.0402 NAD
21 December 2023	1 KZT = 0.0403 NAD
22 December 2023	1 KZT = 0.0399 NAD
23 December 2023	1 KZT = 0.0403 NAD
24 December 2023	1 KZT = 0.0403 NAD
25 December 2023	1 KZT = 0.0402 NAD
26 December 2023	1 KZT = 0.0402 NAD
27 December 2023	1 KZT = 0.0408 NAD
28 December 2023	1 KZT = 0.0405 NAD
29 December 2023	1 KZT = 0.0405 NAD

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.

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

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.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid 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.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

Historic Kazakhstani tenge Namibian dollar