Convert United States Dollar to Kazakhstani Tenge
Please provide values below to convert United States Dollar [USD] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to United States Dollar.
How to Convert United States Dollar to Kazakhstani Tenge
1 USD = 0.00187017891253585 KZT
Example: convert 15 USD to KZT:
15 USD = 15 × 0.00187017891253585 KZT = 0.0280526836880377 KZT
United States Dollar to Kazakhstani Tenge Conversion Table
| United States Dollar | Kazakhstani Tenge |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.