Convert 1 Kazakhstani Tenge (KZT) to US Dollar (USD)
Exchange rates used for currency conversion updated on May 28th 2020 ( 05/28/2020 )
Below you will find the latest exchange rates for exchanging Kazakhstani Tenge (KZT) to US Dollar (USD) , a table containing most common conversions and a chart with the pair's evolution.
The Kazakhstani Tenge (KZT) to US Dollar (USD) 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 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 US Dollar (USD)
The privately owned and government sanctioned United States Federal Reserve Bank manages the monetary policy for the United States dollar (USD). The USD is the the worlds most widely held reserve currency and the most traded currency in world currency trading markets. The USD is official currency in 14 countries and the unofficial or de facto currency in 37 others. The US dollar is the second largest currency in circulation having been surpassed by the euro. The USD is a floating fiat currency.