Historic Russian ruble Kazakhstani tenge

Russian ruble kazakhstani tenge history for March 2024. The highest quote for this month is 4.9454 (12/03/2024) and the lowest 4.9942 (12/03/2024). The difference between high and low is -0.99.

RUB KZT average rate for March 2024 is 4.89768, the change between 01/03/2024 and 31/03/2024 is -0.65 %.

01 March 20241 RUB = 4.904 KZT
03 March 20241 RUB = 4.913 KZT
04 March 20241 RUB = 4.897 KZT
05 March 20241 RUB = 4.914 KZT
06 March 20241 RUB = 4.865 KZT
07 March 20241 RUB = 4.900 KZT
08 March 20241 RUB = 4.866 KZT
10 March 20241 RUB = 4.904 KZT
11 March 20241 RUB = 4.880 KZT
12 March 20241 RUB = 4.936 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.

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.