Convert Chinese Yuan to Kazakhstani Tenge
Please provide values below to convert Chinese Yuan [CNY] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Chinese Yuan.
How to Convert Chinese Yuan to Kazakhstani Tenge
1 CNY = 0.0134164765006409 KZT
Example: convert 15 CNY to KZT:
15 CNY = 15 × 0.0134164765006409 KZT = 0.201247147509614 KZT
Chinese Yuan to Kazakhstani Tenge Conversion Table
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.