Historic Kazakhstani tenge Namibian dollar

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 20241 KZT = 0.0416 NAD
02 February 20241 KZT = 0.0416 NAD
03 February 20241 KZT = 0.0418 NAD
04 February 20241 KZT = 0.0418 NAD
05 February 20241 KZT = 0.0410 NAD
06 February 20241 KZT = 0.0421 NAD
07 February 20241 KZT = 0.0418 NAD
08 February 20241 KZT = 0.0419 NAD
09 February 20241 KZT = 0.0424 NAD
12 February 20241 KZT = 0.0429 NAD
13 February 20241 KZT = 0.0427 NAD
14 February 20241 KZT = 0.0429 NAD
15 February 20241 KZT = 0.0428 NAD
16 February 20241 KZT = 0.0425 NAD
17 February 20241 KZT = 0.0419 NAD
18 February 20241 KZT = 0.0420 NAD
19 February 20241 KZT = 0.0424 NAD
20 February 20241 KZT = 0.0421 NAD
21 February 20241 KZT = 0.0420 NAD
22 February 20241 KZT = 0.0422 NAD
23 February 20241 KZT = 0.0427 NAD
24 February 20241 KZT = 0.0430 NAD
25 February 20241 KZT = 0.0430 NAD
26 February 20241 KZT = 0.0428 NAD
27 February 20241 KZT = 0.0434 NAD
28 February 20241 KZT = 0.0432 NAD
29 February 20241 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.