Historic Kazakhstani tenge Swiss franc

Kazakhstani tenge swiss franc history for January 2024. The highest quote for this month is 0.001961 (23/01/2024) and the lowest 0.001956 (23/01/2024). The difference between high and low is 0.25.

KZT CHF average rate for January 2024 is 0.00191, the change between 01/01/2024 and 31/01/2024 is -4.66 %.

01 January 20241 KZT = 0.0018 CHF
02 January 20241 KZT = 0.0018 CHF
03 January 20241 KZT = 0.0019 CHF
04 January 20241 KZT = 0.0019 CHF
05 January 20241 KZT = 0.0019 CHF
08 January 20241 KZT = 0.0019 CHF
09 January 20241 KZT = 0.0019 CHF
10 January 20241 KZT = 0.0019 CHF
11 January 20241 KZT = 0.0019 CHF
12 January 20241 KZT = 0.0019 CHF
14 January 20241 KZT = 0.0019 CHF
15 January 20241 KZT = 0.0019 CHF
16 January 20241 KZT = 0.0019 CHF
17 January 20241 KZT = 0.0019 CHF
18 January 20241 KZT = 0.0019 CHF
19 January 20241 KZT = 0.0019 CHF
22 January 20241 KZT = 0.0019 CHF
23 January 20241 KZT = 0.0020 CHF
24 January 20241 KZT = 0.0020 CHF
25 January 20241 KZT = 0.0019 CHF
26 January 20241 KZT = 0.0019 CHF
28 January 20241 KZT = 0.0019 CHF
29 January 20241 KZT = 0.0019 CHF
30 January 20241 KZT = 0.0019 CHF
31 January 20241 KZT = 0.0019 CHF

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.