Convert Kazakhstani Tenge to Swiss Franc
Please provide values below to convert Kazakhstani Tenge [KZT] to Swiss Franc [CHF], or Convert Swiss Franc to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Swiss Franc
1 KZT = 672.673543841993 CHF
Example: convert 15 KZT to CHF:
15 KZT = 15 × 672.673543841993 CHF = 10090.1031576299 CHF
Kazakhstani Tenge to Swiss Franc Conversion Table
| Kazakhstani Tenge | Swiss Franc |
|---|
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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.