Convert 1940 Kazakhstani Tenge (KZT) to Chinese Yuan (CNY)
Exchange rates used for currency conversion updated on November 27th 2024 ( 11/27/2024 )
Below you will find the latest exchange rates for exchanging Kazakhstani Tenge (KZT) to Chinese Yuan (CNY) , a table containing most common conversions and a chart with the pair's evolution.
The Kazakhstani Tenge (KZT) to Chinese Yuan (CNY) 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 Chinese Yuan on 11/27/2024 is 1 KZT = 0.0145 CNY - 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 Chinese Yuan (CNY)
CNY represents the Peoples Republic of China (PRC), Chinese peoples currency known as the renminbi and denominated in yuan. It is controlled by the Monetary Policy Authority within the PRC and has until recently not been allowed to be circulated outside of mainland China. Recent developments and gradual changed in PRC policies toward more open markets and less central planning are slowly distributing the yuan for use worldwide. This is a clear plan setting the stage for the PRC target of the CNY overtaking all currencies worldwide in the future.
