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

Russian ruble kazakhstani tenge history for October 2023. The highest quote for this month is 5.0737 (25/10/2023) and the lowest 5.1063 (25/10/2023). The difference between high and low is -0.64.

RUB KZT average rate for October 2023 is 4.89387, the change between 01/10/2023 and 31/10/2023 is -2.36 %.

01 October 2023	1 RUB = 4.948 KZT
02 October 2023	1 RUB = 4.858 KZT
03 October 2023	1 RUB = 4.805 KZT
04 October 2023	1 RUB = 4.697 KZT
05 October 2023	1 RUB = 4.771 KZT
06 October 2023	1 RUB = 4.738 KZT
07 October 2023	1 RUB = 4.746 KZT
09 October 2023	1 RUB = 4.679 KZT
10 October 2023	1 RUB = 4.790 KZT
11 October 2023	1 RUB = 4.734 KZT
12 October 2023	1 RUB = 4.862 KZT
13 October 2023	1 RUB = 4.848 KZT
16 October 2023	1 RUB = 4.855 KZT
17 October 2023	1 RUB = 4.875 KZT
18 October 2023	1 RUB = 4.843 KZT
19 October 2023	1 RUB = 4.857 KZT
20 October 2023	1 RUB = 4.961 KZT
21 October 2023	1 RUB = 4.999 KZT
22 October 2023	1 RUB = 4.999 KZT
23 October 2023	1 RUB = 4.987 KZT
24 October 2023	1 RUB = 5.03 KZT
25 October 2023	1 RUB = 5.07 KZT
26 October 2023	1 RUB = 5.04 KZT
27 October 2023	1 RUB = 5.04 KZT
28 October 2023	1 RUB = 4.995 KZT
29 October 2023	1 RUB = 4.981 KZT
30 October 2023	1 RUB = 4.954 KZT
31 October 2023	1 RUB = 5.06 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.