United States dollar kazakhstani tenge exchange rate history (USD KZT) September 2023

United States dollar kazakhstani tenge history for September 2023. The highest quote for this month is 478.35 (27/09/2023) and the lowest 477.11 (27/09/2023). The difference between high and low is 0.26.

USD KZT average rate for September 2023 is 467.5475, the change between 01/09/2023 and 30/09/2023 is -4.78 %.

01 September 2023	1 USD = 455.6 KZT
05 September 2023	1 USD = 456.1 KZT
06 September 2023	1 USD = 458.6 KZT
11 September 2023	1 USD = 461.1 KZT
18 September 2023	1 USD = 464.5 KZT
23 September 2023	1 USD = 473.5 KZT
24 September 2023	1 USD = 473.5 KZT
25 September 2023	1 USD = 470.7 KZT
26 September 2023	1 USD = 471.2 KZT
27 September 2023	1 USD = 476.7 KZT
29 September 2023	1 USD = 471.8 KZT
30 September 2023	1 USD = 477.4 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.