SBAE to KZT Converter and calculator


Conversion rates
Convert SBAE to KZT
Convert KZT to SBAE
SBAE to KZT chart
SBAE to KZT conversion data: Volatility and price changes of Salt Bae For The People in KZT
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.06078 KZT | 0.06118 KZT | 0.06118 KZT | 0.06887 KZT |
Low | 0.06078 KZT | 0.05088 KZT | 0.04764 KZT | 0.04686 KZT |
Average | 0 KZT | 0 KZT | 0 KZT | 0 KZT |
Volatility | % | % | % | % |
Change | -0.00% | +18.09% | +12.40% | -1.63% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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SBAE to KZT market statistics
Current SBAE to KZT exchange rate
Salt Bae For The People to Kazakhstani Tenge is rising this week.More info about Salt Bae For The People 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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SBAE to KZT Conversion tables
Amount | 17:28 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SBAE | ₸0.03039 | ₸0.03039 | -0.00% |
1 SBAE | ₸0.06078 | ₸0.06078 | -0.00% |
5 SBAE | ₸0.3039 | ₸0.3039 | -0.00% |
10 SBAE | ₸0.6078 | ₸0.6078 | -0.00% |
50 SBAE | ₸3.04 | ₸3.04 | -0.00% |
100 SBAE | ₸6.08 | ₸6.08 | -0.00% |
500 SBAE | ₸30.39 | ₸30.39 | -0.00% |
1000 SBAE | ₸60.78 | ₸60.78 | -0.00% |
SBAE to KZT FAQ
What factors influence the conversion rate of SBAE to KZT?
Popular exchange rates — Crypto-to-Fiat converter
The price of Salt Bae For The People in the US is $0.0001123 USD. Additionally, Salt Bae For The People’s price is €0.{4}9588 EUR in the eurozone, £0.{4}8276 GBP in the UK, C$0.0001550 CAD in Canada, ₹0.009822 INR in India, ₨0.03184 PKR in Pakistan, R$0.0006057 BRL in Brazil, and more.
The most popular Salt Bae For The People currency pair is the SBAE to Kazakhstani Tenge(KZT). The price of 1 Salt Bae For The People (SBAE) in Kazakhstani Tenge (KZT) is ₸0.06078.
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