Russian ruble kazakhstani tenge exchange rate history (RUB KZT) November 2023

Russian ruble kazakhstani tenge history for November 2023. The highest quote for this month is 5.1887 (18/11/2023) and the lowest 5.2766 (20/11/2023). The difference between high and low is -1.69.

RUB KZT average rate for November 2023 is 5.09957, the change between 01/11/2023 and 30/11/2023 is -3.04 %.

01 November 2023	1 RUB = 4.996 KZT
02 November 2023	1 RUB = 5.04 KZT
03 November 2023	1 RUB = 4.970 KZT
06 November 2023	1 RUB = 4.999 KZT
07 November 2023	1 RUB = 4.977 KZT
08 November 2023	1 RUB = 5.02 KZT
09 November 2023	1 RUB = 5.08 KZT
10 November 2023	1 RUB = 5.08 KZT
12 November 2023	1 RUB = 5.06 KZT
13 November 2023	1 RUB = 5.02 KZT
14 November 2023	1 RUB = 5.04 KZT
15 November 2023	1 RUB = 5.09 KZT
16 November 2023	1 RUB = 5.15 KZT
17 November 2023	1 RUB = 5.14 KZT
18 November 2023	1 RUB = 5.19 KZT
19 November 2023	1 RUB = 5.19 KZT
20 November 2023	1 RUB = 5.14 KZT
21 November 2023	1 RUB = 5.20 KZT
22 November 2023	1 RUB = 5.17 KZT
23 November 2023	1 RUB = 5.14 KZT
24 November 2023	1 RUB = 5.20 KZT
26 November 2023	1 RUB = 5.13 KZT
27 November 2023	1 RUB = 5.12 KZT
28 November 2023	1 RUB = 5.13 KZT
29 November 2023	1 RUB = 5.15 KZT
30 November 2023	1 RUB = 5.15 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.