Convert Kazakhstani Tenge to Chinese Yuan
Please provide values below to convert Kazakhstani Tenge [KZT] to Chinese Yuan [CNY], or Convert Chinese Yuan to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Chinese Yuan
1 KZT = 74.5352179428205 CNY
Example: convert 15 KZT to CNY:
15 KZT = 15 × 74.5352179428205 CNY = 1118.02826914231 CNY
Kazakhstani Tenge to Chinese Yuan Conversion Table
| Kazakhstani Tenge | Chinese Yuan |
|---|
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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).