Historic Arab Emirates Dirham Kazakhstani tenge

Arab Emirates Dirham kazakhstani tenge history for November 2023. The highest quote for this month is 127.15 (01/11/2023) and the lowest 127.18 (01/11/2023). The difference between high and low is -0.02.

AED KZT average rate for November 2023 is 125.49692, the change between 01/11/2023 and 30/11/2023 is +2.06 %.

01 November 20231 AED = 126.9 KZT
02 November 20231 AED = 127.2 KZT
03 November 20231 AED = 126.2 KZT
06 November 20231 AED = 124.8 KZT
07 November 20231 AED = 125.6 KZT
08 November 20231 AED = 125.9 KZT
09 November 20231 AED = 126.9 KZT
10 November 20231 AED = 126.9 KZT
12 November 20231 AED = 127.1 KZT
13 November 20231 AED = 126.1 KZT
14 November 20231 AED = 126.1 KZT
15 November 20231 AED = 125.5 KZT
16 November 20231 AED = 125.5 KZT
17 November 20231 AED = 125.1 KZT
18 November 20231 AED = 125.6 KZT
19 November 20231 AED = 125.6 KZT
20 November 20231 AED = 125.0 KZT
21 November 20231 AED = 125.3 KZT
22 November 20231 AED = 124.1 KZT
23 November 20231 AED = 123.8 KZT
24 November 20231 AED = 125.0 KZT
26 November 20231 AED = 125.0 KZT
27 November 20231 AED = 124.5 KZT
28 November 20231 AED = 124.4 KZT
29 November 20231 AED = 124.6 KZT
30 November 20231 AED = 124.3 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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.
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