Kazakhstani tenge somali shilling exchange rate history (KZT SOS) August 2023

Kazakhstani tenge somali shilling history for August 2023. The highest quote for this month is 1.279 (02/08/2023) and the lowest 1.2839 (07/08/2023). The difference between high and low is -0.38.

KZT SOS average rate for August 2023 is 1.2567, the change between 01/08/2023 and 31/08/2023 is +4.01 %.

01 August 2023	1 KZT = 1.277 SOS
02 August 2023	1 KZT = 1.279 SOS
03 August 2023	1 KZT = 1.277 SOS
04 August 2023	1 KZT = 1.280 SOS
07 August 2023	1 KZT = 1.287 SOS
08 August 2023	1 KZT = 1.275 SOS
09 August 2023	1 KZT = 1.275 SOS
10 August 2023	1 KZT = 1.277 SOS
11 August 2023	1 KZT = 1.279 SOS
14 August 2023	1 KZT = 1.270 SOS
15 August 2023	1 KZT = 1.265 SOS
16 August 2023	1 KZT = 1.260 SOS
17 August 2023	1 KZT = 1.235 SOS
18 August 2023	1 KZT = 1.235 SOS
21 August 2023	1 KZT = 1.255 SOS
22 August 2023	1 KZT = 1.253 SOS
23 August 2023	1 KZT = 1.256 SOS
24 August 2023	1 KZT = 1.231 SOS
25 August 2023	1 KZT = 1.237 SOS
28 August 2023	1 KZT = 1.222 SOS
29 August 2023	1 KZT = 1.226 SOS
30 August 2023	1 KZT = 1.229 SOS
31 August 2023	1 KZT = 1.226 SOS

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.