Historic Yemeni Rial Kazakhstani tenge

Yemeni Rial kazakhstani tenge history for July 2023. The highest quote for this month is 1.794 (28/07/2023) and the lowest 1.7822 (03/07/2023). The difference between high and low is 0.66.

YER KZT average rate for July 2023 is 1.76888, the change between 01/07/2023 and 31/07/2023 is +1.14 %.

03 July 20231 YER = 1.785 KZT
04 July 20231 YER = 1.782 KZT
05 July 20231 YER = 1.772 KZT
06 July 20231 YER = 1.773 KZT
07 July 20231 YER = 1.773 KZT
10 July 20231 YER = 1.759 KZT
11 July 20231 YER = 1.763 KZT
12 July 20231 YER = 1.760 KZT
13 July 20231 YER = 1.747 KZT
14 July 20231 YER = 1.770 KZT
17 July 20231 YER = 1.767 KZT
18 July 20231 YER = 1.769 KZT
19 July 20231 YER = 1.767 KZT
20 July 20231 YER = 1.768 KZT
21 July 20231 YER = 1.769 KZT
24 July 20231 YER = 1.773 KZT
25 July 20231 YER = 1.774 KZT
26 July 20231 YER = 1.771 KZT
27 July 20231 YER = 1.772 KZT
28 July 20231 YER = 1.770 KZT
31 July 20231 YER = 1.765 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.

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

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.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of 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.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

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.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.