Казахстанский тенге

The tenge exchange rate for today is published on this page and updated daily. The official Central Bank exchange rate is set on business days and takes effect on the following business day, while the buy and sell quotes at bank counters differ from it by the spread amount. Compare both indicators before exchanging.

Due to the difference in denominations, one unit of Kazakhstan's currency is worth relatively little in sum terms. Publishing a quote per hundred or thousand tenge makes the value more visual and convenient for calculations. When comparing offers from different institutions, make sure the tenge to sum exchange rate is presented in the same format — otherwise the numbers are easy to confuse.

Since August 2015, the tenge exchange rate in Kazakhstan has been formed in a free-floating regime, and the National Bank intervenes only during sharp fluctuations. The main factors are world oil prices, since raw material exports provide the main part of the country's foreign exchange earnings, decisions of the US Federal Reserve, which determine the dollar-to-tenge exchange rate, as well as the base rate of the Kazakhstani regulator and the level of internal inflation.

The economies of Kazakhstan and Russia are closely linked within the EAEU, and both currencies depend on the same external factors — primarily commodity prices and investor sentiment in emerging markets. Therefore, the tenge to ruble exchange rate remains relatively stable, and a sharp weakening of the Russian currency usually pulls the Kazakhstani currency down with it.

First and foremost, entrepreneurs trading with Kazakh partners: grain, flour, and metal products cross the border, while fruits, vegetables, and textiles flow in the opposite direction. The exchange rate is also monitored by recipients of money transfers from Kazakhstan, tourists and business travelers who regularly cross the border, and students of Kazakh universities together with their parents.