Kazakhstani tenge united states dollar exchange rate history (KZT USD) January 2024

Kazakhstani tenge united states dollar history for January 2024. The highest quote for this month is 0.002251 (24/01/2024) and the lowest 0.002262 (23/01/2024). The difference between high and low is -0.49.

KZT USD average rate for January 2024 is 0.00222, the change between 01/01/2024 and 31/01/2024 is -2.09 %.

01 January 2024	1 KZT = 0.0022 USD
02 January 2024	1 KZT = 0.0022 USD
03 January 2024	1 KZT = 0.0022 USD
04 January 2024	1 KZT = 0.0022 USD
05 January 2024	1 KZT = 0.0022 USD
06 January 2024	1 KZT = 0.0022 USD
07 January 2024	1 KZT = 0.0022 USD
08 January 2024	1 KZT = 0.0022 USD
09 January 2024	1 KZT = 0.0022 USD
10 January 2024	1 KZT = 0.0022 USD
11 January 2024	1 KZT = 0.0022 USD
12 January 2024	1 KZT = 0.0022 USD
14 January 2024	1 KZT = 0.0022 USD
15 January 2024	1 KZT = 0.0022 USD
16 January 2024	1 KZT = 0.0022 USD
17 January 2024	1 KZT = 0.0022 USD
18 January 2024	1 KZT = 0.0022 USD
19 January 2024	1 KZT = 0.0022 USD
22 January 2024	1 KZT = 0.0022 USD
23 January 2024	1 KZT = 0.0022 USD
24 January 2024	1 KZT = 0.0023 USD
25 January 2024	1 KZT = 0.0023 USD
26 January 2024	1 KZT = 0.0022 USD
28 January 2024	1 KZT = 0.0022 USD
29 January 2024	1 KZT = 0.0022 USD
30 January 2024	1 KZT = 0.0022 USD
31 January 2024	1 KZT = 0.0022 USD

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.