Historic Kazakhstani tenge Taiwan dollar

Kazakhstani tenge taiwan dollar history for December 2023. The highest quote for this month is 0.069273 (14/12/2023) and the lowest 0.069252 (13/12/2023). The difference between high and low is 0.03.

KZT TWD average rate for December 2023 is 0.06838, the change between 01/12/2023 and 31/12/2023 is +1.44 %.

01 December 20231 KZT = 0.0687 TWD
02 December 20231 KZT = 0.0678 TWD
03 December 20231 KZT = 0.0678 TWD
04 December 20231 KZT = 0.0679 TWD
05 December 20231 KZT = 0.0684 TWD
06 December 20231 KZT = 0.0688 TWD
07 December 20231 KZT = 0.0686 TWD
08 December 20231 KZT = 0.0688 TWD
10 December 20231 KZT = 0.0686 TWD
11 December 20231 KZT = 0.0688 TWD
12 December 20231 KZT = 0.0686 TWD
13 December 20231 KZT = 0.0693 TWD
14 December 20231 KZT = 0.0683 TWD
15 December 20231 KZT = 0.0687 TWD
16 December 20231 KZT = 0.0684 TWD
17 December 20231 KZT = 0.0684 TWD
18 December 20231 KZT = 0.0683 TWD
19 December 20231 KZT = 0.0688 TWD
20 December 20231 KZT = 0.0688 TWD
21 December 20231 KZT = 0.0690 TWD
22 December 20231 KZT = 0.0682 TWD
23 December 20231 KZT = 0.0679 TWD
24 December 20231 KZT = 0.0679 TWD
25 December 20231 KZT = 0.0681 TWD
26 December 20231 KZT = 0.0682 TWD
27 December 20231 KZT = 0.0677 TWD
28 December 20231 KZT = 0.0680 TWD
29 December 20231 KZT = 0.0677 TWD

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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

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.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.