Kazakhstani tenge new zealand dollar exchange rate history (KZT NZD) February 2024

Kazakhstani tenge new zealand dollar history for February 2024. The highest quote for this month is 0.003704 (13/02/2024) and the lowest 0.003685 (14/02/2024). The difference between high and low is 0.51.

KZT NZD average rate for February 2024 is 0.00364, the change between 01/02/2024 and 29/02/2024 is -0.16 %.

01 February 2024	1 KZT = 0.0037 NZD
02 February 2024	1 KZT = 0.0036 NZD
03 February 2024	1 KZT = 0.0036 NZD
04 February 2024	1 KZT = 0.0036 NZD
05 February 2024	1 KZT = 0.0036 NZD
06 February 2024	1 KZT = 0.0036 NZD
07 February 2024	1 KZT = 0.0036 NZD
08 February 2024	1 KZT = 0.0036 NZD
09 February 2024	1 KZT = 0.0037 NZD
12 February 2024	1 KZT = 0.0037 NZD
13 February 2024	1 KZT = 0.0037 NZD
14 February 2024	1 KZT = 0.0037 NZD
15 February 2024	1 KZT = 0.0037 NZD
16 February 2024	1 KZT = 0.0037 NZD
17 February 2024	1 KZT = 0.0036 NZD
18 February 2024	1 KZT = 0.0036 NZD
19 February 2024	1 KZT = 0.0036 NZD
20 February 2024	1 KZT = 0.0036 NZD
21 February 2024	1 KZT = 0.0036 NZD
22 February 2024	1 KZT = 0.0036 NZD
23 February 2024	1 KZT = 0.0036 NZD
24 February 2024	1 KZT = 0.0036 NZD
25 February 2024	1 KZT = 0.0036 NZD
26 February 2024	1 KZT = 0.0036 NZD
27 February 2024	1 KZT = 0.0036 NZD
28 February 2024	1 KZT = 0.0036 NZD
29 February 2024	1 KZT = 0.0037 NZD

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.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic Kazakhstani tenge New Zealand Dollar