Convert Kazakhstani Tenge to United States Dollar
Please provide values below to convert Kazakhstani Tenge [KZT] to United States Dollar [USD], or Convert United States Dollar to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to United States Dollar
1 KZT = 534.7082 USD
Example: convert 15 KZT to USD:
15 KZT = 15 × 534.7082 USD = 8020.623 USD
Kazakhstani Tenge to United States Dollar Conversion Table
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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.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.