Kazakhstani tenge

The Kazakhstani tenge is the currency of Kazakhstan (KZ)
1 KZT = 0.003 AUD
1 AUD = 349.642 KZT
1 KZT = 2.519 ARS
1 ARS = 0.397 KZT
1 KZT = 5.476 BIF
1 BIF = 0.183 KZT
1 KZT = 0.001 BHD
1 BHD = 1432.854 KZT
1 KZT = 0.013 BOB
1 BOB = 77.889 KZT
1 KZT = 0.003 AZN
1 AZN = 316.915 KZT
1 KZT = 0.165 BTN
1 BTN = 6.068 KZT
1 KZT = 0.935 CRC
1 CRC = 1.070 KZT
1 KZT = 0.039 CZK
1 CZK = 25.713 KZT
1 KZT = 0.013 CNY
1 CNY = 75.467 KZT
1 KZT = 0.012 DKK
1 DKK = 83.725 KZT
1 KZT = 0.273 ETB
1 ETB = 3.660 KZT
1 KZT = 16.106 GNF
1 GNF = 0.062 KZT
1 KZT = 0.013 HRK
1 HRK = 76.739 KZT
1 KZT = 30.801 IDR
1 IDR = 0.032 KZT
1 KZT = 0.298 JMD
1 JMD = 3.351 KZT
1 KZT = 0.162 KGS
1 KGS = 6.160 KZT
1 KZT = 0.003 BAM
1 BAM = 319.716 KZT
1 KZT = 0.003 ANG
1 ANG = 299.129 KZT
1 KZT = 0.025 BWP
1 BWP = 40.105 KZT
1 KZT = 0.002 BND
1 BND = 414.974 KZT
1 KZT = 4.170 CDF
1 CDF = 0.240 KZT
1 KZT = 0.004 BZD
1 BZD = 267.709 KZT
1 KZT = 63.204 BYR
1 BYR = 0.016 KZT
1 KZT = 0.003 BGN
1 BGN = 319.716 KZT
1 KZT = 0.003 CAD
1 CAD = 383.768 KZT
1 KZT = 0.242 DZD
1 DZD = 4.132 KZT
1 KZT = 0.028 ERN
1 ERN = 35.917 KZT
1 KZT = 0.088 EGP
1 EGP = 11.301 KZT
1 KZT = 0.004 FJD
1 FJD = 236.581 KZT
1 KZT = 0.001 GBP
1 GBP = 717.692 KZT
1 KZT = 0.001 FKP
1 FKP = 717.692 KZT
1 KZT = 0.014 GTQ
1 GTQ = 70.353 KZT
1 KZT = 0.014 HKD
1 HKD = 69.302 KZT
1 KZT = 0.627 HUF
1 HUF = 1.596 KZT
1 KZT = 2.432 IQD
1 IQD = 0.411 KZT
1 KZT = 78.153 IRR
1 IRR = 0.013 KZT
1 KZT = 0.787 KMF
1 KMF = 1.271 KZT
1 KZT = 2.655 KRW
1 KRW = 0.377 KZT
1 KZT = 0.155 ALL
1 ALL = 6.471 KZT
1 KZT = 0.226 BDT
1 BDT = 4.424 KZT
1 KZT = 0.003 AWG
1 AWG = 300.979 KZT
1 KZT = 0.010 BRL
1 BRL = 98.249 KZT
1 KZT = 0.000 BCH
1 BCH = 28828.821 KZT
1 KZT = 0.000 BTC
1 BTC = 59861444.444 KZT
1 KZT = 0.007 AED
1 AED = 146.699 KZT
1 KZT = 1.704 AOA
1 AOA = 0.587 KZT
1 KZT = 0.002 BSD
1 BSD = 538.753 KZT
1 KZT = 1.784 CLP
1 CLP = 0.560 KZT
1 KZT = 0.006 BYN
1 BYN = 158.217 KZT
1 KZT = 7.286 COP
1 COP = 0.137 KZT
1 KZT = 0.045 CUP
1 CUP = 22.456 KZT
1 KZT = 0.000 ETH
1 ETH = 2217090.535 KZT
1 KZT = 0.002 EUR
1 EUR = 625.308 KZT
1 KZT = 0.049 HNL
1 HNL = 20.542 KZT
1 KZT = 0.136 GMD
1 GMD = 7.378 KZT
1 KZT = 0.001 GIP
1 GIP = 717.692 KZT
1 KZT = 0.243 HTG
1 HTG = 4.115 KZT
1 KZT = 0.001 JOD
1 JOD = 759.877 KZT
1 KZT = 0.282 JPY
1 JPY = 3.550 KZT
1 KZT = 0.123 AFN
1 AFN = 8.126 KZT
1 KZT = 0.004 BBD
1 BBD = 269.377 KZT
1 KZT = 0.002 BMD
1 BMD = 538.753 KZT
1 KZT = 0.707 AMD
1 AMD = 1.413 KZT
1 KZT = 0.001 CHF
1 CHF = 672.506 KZT
1 KZT = 0.330 DJF
1 DJF = 3.029 KZT
1 KZT = 0.117 DOP
1 DOP = 8.539 KZT
1 KZT = 0.176 CVE
1 CVE = 5.671 KZT
1 KZT = 0.005 GEL
1 GEL = 198.981 KZT
1 KZT = 0.021 GHS
1 GHS = 47.521 KZT
1 KZT = 0.388 GYD
1 GYD = 2.576 KZT
1 KZT = 0.006 ILS
1 ILS = 162.652 KZT
1 KZT = 0.165 INR
1 INR = 6.068 KZT
1 KZT = 0.226 ISK
1 ISK = 4.416 KZT
1 KZT = 7.464 KHR
1 KHR = 0.134 KZT
1 KZT = 0.240 KES
1 KES = 4.170 KZT
1 KZT = 0.001 KWD
1 KWD = 1755.828 KZT
1 KZT = 1.000 KZT
1 KZT = 1.000 KZT
1 KZT = 0.562 LKR
1 LKR = 1.780 KZT
1 KZT = 0.017 MAD
1 MAD = 58.766 KZT
1 KZT = 3.896 MMK
1 MMK = 0.257 KZT
1 KZT = 6.676 MNT
1 MNT = 0.150 KZT
1 KZT = 0.084 MUR
1 MUR = 11.861 KZT
1 KZT = 0.743 MRO
1 MRO = 1.346 KZT
1 KZT = 0.029 MVR
1 MVR = 34.956 KZT
1 KZT = 3.223 MWK
1 MWK = 0.310 KZT
1 KZT = 0.003 NZD
1 NZD = 307.963 KZT
1 KZT = 0.264 NPR
1 NPR = 3.791 KZT
1 KZT = 0.108 PHP
1 PHP = 9.258 KZT
1 KZT = 0.524 PKR
1 PKR = 1.907 KZT
1 KZT = 2.692 RWF
1 RWF = 0.372 KZT
1 KZT = 0.000 LTC
1 LTC = 5266.918 KZT
1 KZT = 0.034 MXN
1 MXN = 29.122 KZT
1 KZT = 0.068 NIO
1 NIO = 14.675 KZT
1 KZT = 0.008 RON
1 RON = 122.870 KZT
1 KZT = 1.671 KPW
1 KPW = 0.599 KZT
1 KZT = 0.002 KYD
1 KYD = 647.899 KZT
1 KZT = 166.433 LBP
1 LBP = 0.006 KZT
1 KZT = 0.010 LYD
1 LYD = 99.034 KZT
1 KZT = 40.259 LAK
1 LAK = 0.025 KZT
1 KZT = 8.320 MGA
1 MGA = 0.120 KZT
1 KZT = 0.340 LRD
1 LRD = 2.940 KZT
1 KZT = 0.099 MKD
1 MKD = 10.147 KZT
1 KZT = 0.032 LSL
1 LSL = 31.003 KZT
1 KZT = 0.015 MOP
1 MOP = 67.284 KZT
1 KZT = 0.031 MDL
1 MDL = 31.818 KZT
1 KZT = 0.032 NAD
1 NAD = 31.003 KZT
1 KZT = 0.008 MYR
1 MYR = 127.357 KZT
1 KZT = 0.001 OMR
1 OMR = 1400.330 KZT
1 KZT = 2.711 NGN
1 NGN = 0.369 KZT
1 KZT = 0.008 PGK
1 PGK = 127.955 KZT
1 KZT = 0.002 PAB
1 PAB = 538.753 KZT
1 KZT = 0.006 PEN
1 PEN = 157.335 KZT
1 KZT = 0.019 NOK
1 NOK = 53.059 KZT
1 KZT = 0.007 PLN
1 PLN = 146.700 KZT
1 KZT = 13.058 PYG
1 PYG = 0.077 KZT
1 KZT = 0.007 QAR
1 QAR = 148.009 KZT
1 KZT = 0.016 SBD
1 SBD = 63.401 KZT
1 KZT = 0.007 SAR
1 SAR = 143.667 KZT
1 KZT = 0.002 SGD
1 SGD = 414.974 KZT
1 KZT = 42.131 SLL
1 SLL = 0.024 KZT
1 KZT = 0.061 THB
1 THB = 16.483 KZT
1 KZT = 0.057 TWD
1 TWD = 17.551 KZT
1 KZT = 0.077 UAH
1 UAH = 12.904 KZT
1 KZT = 6.392 UGX
1 UGX = 0.156 KZT
1 KZT = 0.072 SRD
1 SRD = 13.845 KZT
1 KZT = 39.736 STD
1 STD = 0.025 KZT
1 KZT = 0.078 TRY
1 TRY = 12.879 KZT
1 KZT = 0.013 TTD
1 TTD = 79.376 KZT
1 KZT = 0.004 TOP
1 TOP = 223.761 KZT
1 KZT = 22.646 UZS
1 UZS = 0.044 KZT
1 KZT = 0.443 YER
1 YER = 2.256 KZT
1 KZT = 0.032 ZAR
1 ZAR = 31.003 KZT
1 KZT = 0.187 RSD
1 RSD = 5.337 KZT
1 KZT = 0.148 RUB
1 RUB = 6.777 KZT
1 KZT = 1.062 SOS
1 SOS = 0.942 KZT
1 KZT = 0.016 SVC
1 SVC = 61.572 KZT
1 KZT = 24.134 SYP
1 SYP = 0.041 KZT
1 KZT = 0.032 SZL
1 SZL = 31.003 KZT
1 KZT = 0.005 TND
1 TND = 183.603 KZT
1 KZT = 0.074 UYU
1 UYU = 13.437 KZT
1 KZT = 48.906 VND
1 VND = 0.020 KZT
1 KZT = 0.228 VUV
1 VUV = 4.378 KZT
1 KZT = 0.005 WST
1 WST = 192.116 KZT
1 KZT = 1.049 XAF
1 XAF = 0.953 KZT
1 KZT = 0.005 XCD
1 XCD = 198.994 KZT
1 KZT = 0.026 SCR
1 SCR = 38.067 KZT
1 KZT = 0.018 SEK
1 SEK = 56.544 KZT
1 KZT = 0.001 SHP
1 SHP = 717.692 KZT
1 KZT = 4.550 TZS
1 TZS = 0.220 KZT
1 KZT = 0.002 USD
1 USD = 538.753 KZT
1 KZT = 0.191 XPF
1 XPF = 5.240 KZT
1 KZT = 1.049 XOF
1 XOF = 0.953 KZT

Evolution of the KZT Exchange Rate

The Kazakhstani tenge (KZT) exchange rate has experienced several significant changes since its introduction in 1993. Initially, the KZT was pegged to the Russian ruble but was later delinked and became a floating currency. In the early years, the KZT witnessed substantial depreciation due to economic and political uncertainties. However, with stabilization measures and economic reforms, the exchange rate gradually strengthened.

Variations in the KZT Exchange Rate

The KZT exchange rate has been subject to fluctuations throughout its history due to economic factors and external shocks. Factors such as changes in oil prices, inflation rates, monetary policy decisions, and geopolitical developments can impact the KZT exchange rate. Additionally, the KZT exchange rate is influenced by supply and demand dynamics in the foreign exchange market.

Significance of KZT in the Global Economy

The KZT plays a role in the global economy, especially in Central Asia and Eurasian regions. Kazakhstan is one of the largest economies in Central Asia and a major exporter of oil and natural resources. As a result, the KZT exchange rate affects the competitiveness of Kazakhstan's exports and the country's overall economic performance. The KZT also plays a role in regional economic integration initiatives, such as the Eurasian Economic Union.

Shocks Experienced by KZT and Correlation with Other Currencies

The KZT has experienced shocks due to various global economic events, including the global financial crisis and fluctuations in commodity prices. For instance, a decline in oil prices can lead to depreciation of the KZT due to Kazakhstan's dependence on oil exports. The correlation of the KZT with other currencies varies based on factors like trade relationships and financial market linkages. The KZT may have stronger correlation with currencies of countries it shares economic ties with, such as Russia. However, its correlation with major global currencies like the US dollar and euro may also be influenced by broader market factors.