Kazakhstani tenge namibian dollar exchange rate history (KZT NAD) February 2024

Kazakhstani tenge namibian dollar history for February 2024. The highest quote for this month is 0.044664 (13/02/2024) and the lowest 0.043398 (27/02/2024). The difference between high and low is 2.83.

KZT NAD average rate for February 2024 is 0.04236, the change between 01/02/2024 and 29/02/2024 is -4.03 %.

01 February 2024	1 KZT = 0.0416 NAD
02 February 2024	1 KZT = 0.0416 NAD
03 February 2024	1 KZT = 0.0418 NAD
04 February 2024	1 KZT = 0.0418 NAD
05 February 2024	1 KZT = 0.0410 NAD
06 February 2024	1 KZT = 0.0421 NAD
07 February 2024	1 KZT = 0.0418 NAD
08 February 2024	1 KZT = 0.0419 NAD
09 February 2024	1 KZT = 0.0424 NAD
12 February 2024	1 KZT = 0.0429 NAD
13 February 2024	1 KZT = 0.0427 NAD
14 February 2024	1 KZT = 0.0429 NAD
15 February 2024	1 KZT = 0.0428 NAD
16 February 2024	1 KZT = 0.0425 NAD
17 February 2024	1 KZT = 0.0419 NAD
18 February 2024	1 KZT = 0.0420 NAD
19 February 2024	1 KZT = 0.0424 NAD
20 February 2024	1 KZT = 0.0421 NAD
21 February 2024	1 KZT = 0.0420 NAD
22 February 2024	1 KZT = 0.0422 NAD
23 February 2024	1 KZT = 0.0427 NAD
24 February 2024	1 KZT = 0.0430 NAD
25 February 2024	1 KZT = 0.0430 NAD
26 February 2024	1 KZT = 0.0428 NAD
27 February 2024	1 KZT = 0.0434 NAD
28 February 2024	1 KZT = 0.0432 NAD
29 February 2024	1 KZT = 0.0433 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