Convert 516 Kazakhstani Tenge (KZT) to Swiss Franc (CHF)
Exchange rates used for currency conversion updated on December 22nd 2024 ( 12/22/2024 )
Below you will find the latest exchange rates for exchanging Kazakhstani Tenge (KZT) to Swiss Franc (CHF) , a table containing most common conversions and a chart with the pair's evolution.
The Kazakhstani Tenge (KZT) to Swiss Franc (CHF) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Kazakhstani Tenge and Swiss Franc on 12/22/2024 is 1 KZT = 0.0017 CHF - AVERAGE intraday quotes were used for this currency conversion.
The Kazakhstan official currency is the Kazakhstani tenge. Known in currency circles as the KZT and written in monetary transactions as "лв", each tenge can be subdivided into 100 tiin. The tiin remains in existence for accounting purposes, but there are no tiin denominated currency units in current circulation.
The National Bank of Kazakhstan is the Kazakhstani central bank and sole issuer of currency within the country. Under current issuance are coins valued at лв1, лв2, лв5, лв10, лв20, лв50, and лв100 and paper currency valued at лв200, лв500, лв1,000, лв2,000, лв5,000, and лв10,000.
About Swiss Franc (CHF)
CHF represents the Swiss franc in international currency markets where it is the sixth most traded currency and it remains the fifth largest world reserve currency. The CHF is under the monetary policy directives of the Swiss National Bank which has an interpreted mandate of price stability. Once thought of as a safe haven currency the CHF experienced a de facto devaluation in 2011 as the worldwide rush toward safety threatened the underlying Swiss economy.
