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

Kazakhstani tenge russian ruble history for July 2023. The highest quote for this month is 0.2128 (06/07/2023) and the lowest 0.20678 (31/07/2023). The difference between high and low is 2.83.

KZT RUB average rate for July 2023 is 0.20475, the change between 01/07/2023 and 31/07/2023 is -5.86 %.

03 July 2023	1 KZT = 0.1972 RUB
04 July 2023	1 KZT = 0.2010 RUB
05 July 2023	1 KZT = 0.2032 RUB
06 July 2023	1 KZT = 0.2060 RUB
07 July 2023	1 KZT = 0.2059 RUB
10 July 2023	1 KZT = 0.2075 RUB
11 July 2023	1 KZT = 0.2055 RUB
12 July 2023	1 KZT = 0.2058 RUB
13 July 2023	1 KZT = 0.2073 RUB
14 July 2023	1 KZT = 0.2038 RUB
17 July 2023	1 KZT = 0.2044 RUB
18 July 2023	1 KZT = 0.2049 RUB
19 July 2023	1 KZT = 0.2061 RUB
20 July 2023	1 KZT = 0.2082 RUB
21 July 2023	1 KZT = 0.2038 RUB
24 July 2023	1 KZT = 0.2043 RUB
25 July 2023	1 KZT = 0.2040 RUB
26 July 2023	1 KZT = 0.2038 RUB
27 July 2023	1 KZT = 0.2033 RUB
28 July 2023	1 KZT = 0.2051 RUB
31 July 2023	1 KZT = 0.2087 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.