FED to KZT Converter and calculator


Conversion rates
Convert FED to KZT
Convert KZT to FED
FED to KZT chart
FED to KZT conversion data: Volatility and price changes of FED CUT in KZT
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 2.59 KZT | -- KZT | -- KZT | -- KZT |
Low | 0.01502 KZT | -- KZT | -- KZT | -- KZT |
Average | 0 KZT | 0 KZT | 0 KZT | 0 KZT |
Volatility | % | % | % | % |
Change | -0.99% | -- | -- | -- |
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FED CUT information
FED to KZT market statistics
Current FED to KZT exchange rate
FED CUT to Kazakhstani Tenge is falling this week.More info about FED CUT on Bitget
Kazakhstani Tenge information
About Kazakhstani Tenge (KZT)
The Kazakhstani Tenge (KZT), introduced in 1993, is a significant symbol of Kazakhstan's national identity and economic independence. It is commonly abbreviated as KZT and represented by the symbol ₸. Emerging after the dissolution of the Soviet Union, the Tenge marked a pivotal transition from a centrally planned economy to a market-oriented one.
Historical Background
The introduction of the Tenge was a crucial moment in post-Soviet Kazakhstan, signifying a break from the Russian Ruble and the commencement of a distinct monetary policy. It symbolized a new era of self-determination and was a crucial step in building the newly independent nation's economy.
Design and Symbolism
The design of the Kazakhstani Tenge is a rich tapestry of the country's history, culture, and aspirations. Banknotes and coins feature images of significant historical figures, like the poet Abai Kunanbaiuly and philosopher Al-Farabi, alongside landmarks and symbols representing Kazakhstan’s vast landscapes and cultural heritage. These designs not only facilitate transactions but also serve as a source of national pride and identity.
Economic Role
The Tenge plays a critical role in Kazakhstan’s economy, characterized by its vast natural resources, including oil, gas, and minerals. As the primary medium of exchange, it supports various sectors of the economy, facilitating trade, investment, and the daily financial transactions of individuals and businesses.
Monetary Policy and Inflation
Managed by the National Bank of Kazakhstan, the Tenge has faced challenges such as inflation and currency devaluation, particularly during periods of global economic instability. The central bank’s monetary policies focus on stabilizing the Tenge, which is crucial for maintaining economic confidence and fostering sustainable growth.
International Trade and the Kazakhstani Tenge
The Tenge’s exchange rate is an important factor in international trade, particularly for Kazakhstan's key exports in the energy and mining sectors. A stable Tenge is vital for maintaining competitive export prices and attracting foreign investment.
Remittances and the Economy
Remittances from Kazakh citizens working abroad, particularly in Russia and Europe, are a notable source of foreign income. These remittances, converted into Tenge, play a significant role in supporting households and contributing to the national economy.
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FED to KZT Conversion tables
Amount | 23:08 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 FED | ₸0.007512 | ₸-- | -0.99% |
1 FED | ₸0.01502 | ₸-- | -0.99% |
5 FED | ₸0.07512 | ₸-- | -0.99% |
10 FED | ₸0.1502 | ₸-- | -0.99% |
50 FED | ₸0.7512 | ₸-- | -0.99% |
100 FED | ₸1.5 | ₸-- | -0.99% |
500 FED | ₸7.51 | ₸-- | -0.99% |
1000 FED | ₸15.02 | ₸-- | -0.99% |
FED to KZT FAQ
What factors influence the conversion rate of FED to KZT?
Popular exchange rates — Crypto-to-Fiat converter
The price of FED CUT in the US is $0.{4}2773 USD. Additionally, FED CUT’s price is €0.{4}2347 EUR in the eurozone, £0.{4}2034 GBP in the UK, C$0.{4}3820 CAD in Canada, ₹0.002438 INR in India, ₨0.007844 PKR in Pakistan, R$0.0001472 BRL in Brazil, and more.
The most popular FED CUT currency pair is the FED to Kazakhstani Tenge(KZT). The price of 1 FED CUT (FED) in Kazakhstani Tenge (KZT) is ₸0.01502.
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