KZT information
About Kazakhstani Tenge (KZT)
The Kazakhstani Tenge (KZT), introduced in 1993, is a significant symbol of Kazakhstan's national identity and economic independence. It is commonly abbreviated as KZT and represented by the symbol ₸. Emerging after the dissolution of the Soviet Union, the Tenge marked a pivotal transition from a centrally planned economy to a market-oriented one.
Historical Background
The introduction of the Tenge was a crucial moment in post-Soviet Kazakhstan, signifying a break from the Russian Ruble and the commencement of a distinct monetary policy. It symbolized a new era of self-determination and was a crucial step in building the newly independent nation's economy.
Design and Symbolism
The design of the Kazakhstani Tenge is a rich tapestry of the country's history, culture, and aspirations. Banknotes and coins feature images of significant historical figures, like the poet Abai Kunanbaiuly and philosopher Al-Farabi, alongside landmarks and symbols representing Kazakhstan’s vast landscapes and cultural heritage. These designs not only facilitate transactions but also serve as a source of national pride and identity.
Economic Role
The Tenge plays a critical role in Kazakhstan’s economy, characterized by its vast natural resources, including oil, gas, and minerals. As the primary medium of exchange, it supports various sectors of the economy, facilitating trade, investment, and the daily financial transactions of individuals and businesses.
Monetary Policy and Inflation
Managed by the National Bank of Kazakhstan, the Tenge has faced challenges such as inflation and currency devaluation, particularly during periods of global economic instability. The central bank’s monetary policies focus on stabilizing the Tenge, which is crucial for maintaining economic confidence and fostering sustainable growth.
International Trade and the Kazakhstani Tenge
The Tenge’s exchange rate is an important factor in international trade, particularly for Kazakhstan's key exports in the energy and mining sectors. A stable Tenge is vital for maintaining competitive export prices and attracting foreign investment.
Remittances and the Economy
Remittances from Kazakh citizens working abroad, particularly in Russia and Europe, are a notable source of foreign income. These remittances, converted into Tenge, play a significant role in supporting households and contributing to the national economy.
KSM to KZT conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ₸14,123.78 | 0.0003% / 0.0004%VIP | |
Binance | ₸14,065.62 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | ₸7,821.75 | 0.1000% / 0.1000% | Yes |
OKX | ₸14,128.74 | 0.080% / 0.100% | Yes |
Huobi | ₸14,050.7 | 0.1000% / 0.1000% | Yes |
Gate.io | ₸14,029.56 | 0.1000% / 0.1000% | Yes |
Bybit | ₸14,133.42 | 0.1000% / 0.1000% | Yes |
KuCoin | ₸14,079.15 | 0.1000% / 0.1000% | Yes |
Bitfinex | ₸14,176.52 | 0.1000% / 0.1000% | Yes |
How to buy Kusama
Buy KSM (or USDT) for KZT (Kazakhstani Tenge) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
F FREE-USDT 43 trades|Completion rate 100.00% | 1 KZT | Amount57 USDT Limit1 - 1 KZT | ||
K Kind King 2 trades|Completion rate 100.00% | 459.75 KZT | Amount450 USDT Limit5000 - 206887.5 KZT | ||
C Crypto_Magnus 244 trades|Completion rate 100.00% | 461 KZT | Amount14.21 USDT Limit5000 - 17435 KZT | ||
A AikQ 238 trades|Completion rate 99.00% | 462 KZT | Amount2295.7 USDT Limit5000 - 500000 KZT | ||
R Rau77 55 trades|Completion rate 100.00% | 464 KZT | Amount76.48 USDT Limit10000 - 35400 KZT |
Sell KSM (or USDT) for KZT (Kazakhstani Tenge) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
K Kind King 2 trades|Completion rate 100.00% | 450.05 KZT | Amount3350 USDT Limit200000 - 1500000 KZT | ||
C CRYPTO_MONEY 121 trades|Completion rate 97.00% | 450.01 KZT | Amount98314.99 USDT Limit5000 - 1000000 KZT | ||
T Timalizalays 22 trades|Completion rate 76.00% | 450 KZT | Amount50000 USDT Limit5000000 - 12000000 KZT | ||
B BGUSER-8QFXR70D 1 trades|Completion rate 17.00% | 449.76 KZT | Amount1000 USDT Limit900 - 150000 KZT | ||
z zhasulan 8891 0 trades|Completion rate 0.00% | 448.7 KZT | Amount670 USDT Limit100000 - 300629 KZT |
What factors influence the conversion rate of Kusama to Kazakhstani Tenge?
Kusama to Kazakhstani Tenge is falling this week.Conversion tables
The exchange rate of Kusama is increasing.KSM to KZT
KZT to KSM
Today vs. 24 hours ago
Amount | 13:09 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 KSM | $15.84 | $13.91 | +13.86% |
1 KSM | $31.67 | $27.82 | +13.86% |
5 KSM | $158.36 | $139.08 | +13.86% |
10 KSM | $316.72 | $278.17 | +13.86% |
50 KSM | $1,583.58 | $1,390.85 | +13.86% |
100 KSM | $3,167.15 | $2,781.69 | +13.86% |
500 KSM | $15,835.75 | $13,908.47 | +13.86% |
1000 KSM | $31,671.51 | $27,816.94 | +13.86% |
Today vs. 1 month ago
Amount | 13:09 today | 1 month ago | 1M change |
---|---|---|---|
0.5 KSM | $15.84 | $14.25 | +11.15% |
1 KSM | $31.67 | $28.5 | +11.15% |
5 KSM | $158.36 | $142.48 | +11.15% |
10 KSM | $316.72 | $284.95 | +11.15% |
50 KSM | $1,583.58 | $1,424.77 | +11.15% |
100 KSM | $3,167.15 | $2,849.53 | +11.15% |
500 KSM | $15,835.75 | $14,247.67 | +11.15% |
1000 KSM | $31,671.51 | $28,495.34 | +11.15% |
Today vs. 1 year ago
Amount | 13:09 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 KSM | $15.84 | $11.22 | +41.10% |
1 KSM | $31.67 | $22.45 | +41.10% |
5 KSM | $158.36 | $112.23 | +41.10% |
10 KSM | $316.72 | $224.45 | +41.10% |
50 KSM | $1,583.58 | $1,122.25 | +41.10% |
100 KSM | $3,167.15 | $2,244.51 | +41.10% |
500 KSM | $15,835.75 | $11,222.53 | +41.10% |
1000 KSM | $31,671.51 | $22,445.06 | +41.10% |
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