Convert Kazakhstani Tenge to Australian Dollar
Please provide values below to convert Kazakhstani Tenge [KZT] to Australian Dollar [AUD], or Convert Australian Dollar to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Australian Dollar
1 KZT = 349.665315197489 AUD
Example: convert 15 KZT to AUD:
15 KZT = 15 × 349.665315197489 AUD = 5244.97972796233 AUD
Kazakhstani Tenge to Australian 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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.