Convert Kazakhstani Tenge to Canadian Dollar
Please provide values below to convert Kazakhstani Tenge [KZT] to Canadian Dollar [CAD], or Convert Canadian Dollar to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Canadian Dollar
1 KZT = 392.446385321101 CAD
Example: convert 15 KZT to CAD:
15 KZT = 15 × 392.446385321101 CAD = 5886.69577981651 CAD
Kazakhstani Tenge to Canadian 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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.