Kazakhstani tenge russian ruble exchange rate history (KZT RUB) January 2024

Kazakhstani tenge russian ruble history for January 2024. The highest quote for this month is 0.20299 (04/01/2024) and the lowest 0.20227 (08/01/2024). The difference between high and low is 0.35.

KZT RUB average rate for January 2024 is 0.19926, the change between 01/01/2024 and 31/01/2024 is -2.67 %.

01 January 2024	1 KZT = 0.1960 RUB
02 January 2024	1 KZT = 0.1959 RUB
03 January 2024	1 KZT = 0.1996 RUB
04 January 2024	1 KZT = 0.2024 RUB
05 January 2024	1 KZT = 0.2021 RUB
06 January 2024	1 KZT = 0.2008 RUB
07 January 2024	1 KZT = 0.2008 RUB
08 January 2024	1 KZT = 0.2022 RUB
09 January 2024	1 KZT = 0.2016 RUB
10 January 2024	1 KZT = 0.2012 RUB
11 January 2024	1 KZT = 0.2013 RUB
12 January 2024	1 KZT = 0.2001 RUB
14 January 2024	1 KZT = 0.1948 RUB
15 January 2024	1 KZT = 0.2005 RUB
16 January 2024	1 KZT = 0.2004 RUB
17 January 2024	1 KZT = 0.1953 RUB
18 January 2024	1 KZT = 0.1967 RUB
19 January 2024	1 KZT = 0.1974 RUB
22 January 2024	1 KZT = 0.2002 RUB
23 January 2024	1 KZT = 0.1978 RUB
24 January 2024	1 KZT = 0.1990 RUB
25 January 2024	1 KZT = 0.1997 RUB
26 January 2024	1 KZT = 0.1974 RUB
28 January 2024	1 KZT = 0.1995 RUB
29 January 2024	1 KZT = 0.1963 RUB
30 January 2024	1 KZT = 0.1999 RUB
31 January 2024	1 KZT = 0.2013 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.