Kazakhstani tenge russian ruble exchange rate history (KZT RUB) December 2023

Kazakhstani tenge russian ruble history for December 2023. The highest quote for this month is 0.20387 (07/12/2023) and the lowest 0.20191 (24/12/2023). The difference between high and low is 0.96.

KZT RUB average rate for December 2023 is 0.19924, the change between 01/12/2023 and 31/12/2023 is +0.95 %.

01 December 2023	1 KZT = 0.1969 RUB
02 December 2023	1 KZT = 0.1978 RUB
03 December 2023	1 KZT = 0.1964 RUB
04 December 2023	1 KZT = 0.1986 RUB
05 December 2023	1 KZT = 0.1990 RUB
06 December 2023	1 KZT = 0.1967 RUB
07 December 2023	1 KZT = 0.2022 RUB
08 December 2023	1 KZT = 0.2023 RUB
10 December 2023	1 KZT = 0.2004 RUB
11 December 2023	1 KZT = 0.2017 RUB
12 December 2023	1 KZT = 0.1992 RUB
13 December 2023	1 KZT = 0.1987 RUB
14 December 2023	1 KZT = 0.1959 RUB
15 December 2023	1 KZT = 0.1972 RUB
16 December 2023	1 KZT = 0.1978 RUB
17 December 2023	1 KZT = 0.1973 RUB
18 December 2023	1 KZT = 0.1976 RUB
19 December 2023	1 KZT = 0.1984 RUB
20 December 2023	1 KZT = 0.1989 RUB
21 December 2023	1 KZT = 0.1986 RUB
22 December 2023	1 KZT = 0.2030 RUB
23 December 2023	1 KZT = 0.2019 RUB
24 December 2023	1 KZT = 0.2019 RUB
25 December 2023	1 KZT = 0.2017 RUB
26 December 2023	1 KZT = 0.2014 RUB
27 December 2023	1 KZT = 0.2005 RUB
28 December 2023	1 KZT = 0.2020 RUB
29 December 2023	1 KZT = 0.1950 RUB

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.

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.

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.