New Zealand Dollar kazakhstani tenge exchange rate history (NZD KZT) December 2023

New Zealand Dollar kazakhstani tenge history for December 2023. The highest quote for this month is 290.56 (23/12/2023) and the lowest 304.06 (25/12/2023). The difference between high and low is -4.65.

NZD KZT average rate for December 2023 is 284.2825, the change between 01/12/2023 and 31/12/2023 is -2.14 %.

01 December 2023	1 NZD = 281.3 KZT
02 December 2023	1 NZD = 286.4 KZT
03 December 2023	1 NZD = 285.7 KZT
04 December 2023	1 NZD = 285.3 KZT
05 December 2023	1 NZD = 283.4 KZT
06 December 2023	1 NZD = 281.2 KZT
07 December 2023	1 NZD = 281.8 KZT
08 December 2023	1 NZD = 281.4 KZT
10 December 2023	1 NZD = 280.6 KZT
11 December 2023	1 NZD = 279.8 KZT
12 December 2023	1 NZD = 279.5 KZT
13 December 2023	1 NZD = 278.8 KZT
14 December 2023	1 NZD = 282.3 KZT
15 December 2023	1 NZD = 282.0 KZT
16 December 2023	1 NZD = 284.6 KZT
17 December 2023	1 NZD = 284.6 KZT
18 December 2023	1 NZD = 284.8 KZT
19 December 2023	1 NZD = 283.5 KZT
20 December 2023	1 NZD = 285.1 KZT
21 December 2023	1 NZD = 283.6 KZT
22 December 2023	1 NZD = 288.0 KZT
23 December 2023	1 NZD = 287.8 KZT
24 December 2023	1 NZD = 287.9 KZT
25 December 2023	1 NZD = 288.5 KZT
26 December 2023	1 NZD = 287.9 KZT
27 December 2023	1 NZD = 289.2 KZT
28 December 2023	1 NZD = 287.9 KZT
29 December 2023	1 NZD = 287.3 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.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic New Zealand Dollar Kazakhstani tenge