Historic Kazakhstani tenge Namibian dollar

Kazakhstani tenge namibian dollar history for November 2023. The highest quote for this month is 0.043297 (14/11/2023) and the lowest 0.04342 (14/11/2023). The difference between high and low is -0.28.

KZT NAD average rate for November 2023 is 0.0405, the change between 01/11/2023 and 30/11/2023 is -0.73 %.

01 November 20231 KZT = 0.0404 NAD
02 November 20231 KZT = 0.0403 NAD
03 November 20231 KZT = 0.0388 NAD
06 November 20231 KZT = 0.0404 NAD
07 November 20231 KZT = 0.0397 NAD
08 November 20231 KZT = 0.0424 NAD
09 November 20231 KZT = 0.0424 NAD
10 November 20231 KZT = 0.0401 NAD
12 November 20231 KZT = 0.0401 NAD
13 November 20231 KZT = 0.0403 NAD
14 November 20231 KZT = 0.0432 NAD
15 November 20231 KZT = 0.0395 NAD
16 November 20231 KZT = 0.0395 NAD
17 November 20231 KZT = 0.0396 NAD
18 November 20231 KZT = 0.0398 NAD
19 November 20231 KZT = 0.0398 NAD
20 November 20231 KZT = 0.0400 NAD
21 November 20231 KZT = 0.0399 NAD
22 November 20231 KZT = 0.0403 NAD
23 November 20231 KZT = 0.0404 NAD
24 November 20231 KZT = 0.0405 NAD
26 November 20231 KZT = 0.0410 NAD
27 November 20231 KZT = 0.0412 NAD
28 November 20231 KZT = 0.0413 NAD
29 November 20231 KZT = 0.0412 NAD
30 November 20231 KZT = 0.0407 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.