Namibian dollar kazakhstani tenge exchange rate history (NAD KZT) December 2023

Namibian dollar kazakhstani tenge history for December 2023. The highest quote for this month is 25.137 (18/12/2023) and the lowest 25.038 (23/12/2023). The difference between high and low is 0.39.

NAD KZT average rate for December 2023 is 24.53193, the change between 01/12/2023 and 31/12/2023 is -1.01 %.

01 December 2023	1 NAD = 24.43 KZT
02 December 2023	1 NAD = 24.76 KZT
03 December 2023	1 NAD = 24.76 KZT
04 December 2023	1 NAD = 24.68 KZT
05 December 2023	1 NAD = 24.71 KZT
06 December 2023	1 NAD = 24.16 KZT
07 December 2023	1 NAD = 24.29 KZT
08 December 2023	1 NAD = 24.37 KZT
10 December 2023	1 NAD = 24.18 KZT
11 December 2023	1 NAD = 24.08 KZT
12 December 2023	1 NAD = 23.94 KZT
13 December 2023	1 NAD = 23.82 KZT
14 December 2023	1 NAD = 23.90 KZT
15 December 2023	1 NAD = 23.79 KZT
16 December 2023	1 NAD = 24.98 KZT
17 December 2023	1 NAD = 24.98 KZT
18 December 2023	1 NAD = 24.04 KZT
19 December 2023	1 NAD = 24.97 KZT
20 December 2023	1 NAD = 24.88 KZT
21 December 2023	1 NAD = 24.84 KZT
22 December 2023	1 NAD = 25.06 KZT
23 December 2023	1 NAD = 24.84 KZT
24 December 2023	1 NAD = 24.79 KZT
25 December 2023	1 NAD = 24.88 KZT
26 December 2023	1 NAD = 24.88 KZT
27 December 2023	1 NAD = 24.54 KZT
28 December 2023	1 NAD = 24.67 KZT
29 December 2023	1 NAD = 24.67 KZT

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

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.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's 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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid 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.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

Historic Namibian dollar Kazakhstani tenge