Convert Bitcoin to Kazakhstani Tenge
Please provide values below to convert Bitcoin [BTC] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Bitcoin.
How to Convert Bitcoin to Kazakhstani Tenge
1 BTC = 1.58028417192706e-08 KZT
Example: convert 15 BTC to KZT:
15 BTC = 15 × 1.58028417192706e-08 KZT = 2.37042625789059e-07 KZT
Bitcoin to Kazakhstani Tenge Conversion Table
| Bitcoin | Kazakhstani Tenge |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.