Convert Swiss Franc to Kazakhstani Tenge
Please provide values below to convert Swiss Franc [CHF] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Swiss Franc.
How to Convert Swiss Franc to Kazakhstani Tenge
1 CHF = 0.00148660521757474 KZT
Example: convert 15 CHF to KZT:
15 CHF = 15 × 0.00148660521757474 KZT = 0.0222990782636212 KZT
Swiss Franc to Kazakhstani Tenge Conversion Table
Swiss Franc | Kazakhstani Tenge |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.