KZT 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.
FLS to KZT conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ₸2.2 | 0.0200% / 0.0320%VIP 7 |
How to buy Flits
Buy FLS (or USDT) for KZT (Kazakhstani Tenge) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
C CRYPTO_MONEY 102 trades|Completion rate 97.00% | 490 KZT | Amount1000.31 USDT Limit1 - 490151 KZT | ||
M MR. A. 15 trades|Completion rate 88.00% | 497.9 KZT | Amount196.36 USDT Limit7500 - 97500 KZT | ||
Y Yeti_kz 29 trades|Completion rate 97.00% | 497.95 KZT | Amount124.04 USDT Limit5000 - 61765 KZT | ||
C CriptoAlenka 36 trades|Completion rate 86.00% | 498 KZT | Amount38.53 USDT Limit5000 - 19187 KZT | ||
A Asikbigbro 12 trades|Completion rate 92.00% | 498 KZT | Amount108.96 USDT Limit5000 - 59262 KZT |
Sell FLS (or USDT) for KZT (Kazakhstani Tenge) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
M Millionaire1 1 trades|Completion rate 100.00% | 500 KZT | Amount100000 USDT Limit49000000 - 50000000 KZT | ||
P P2P leader 108 trades|Completion rate 97.00% | 480.03 KZT | Amount44 USDT Limit10000 - 21100 KZT | ||
R Rau77 175 trades|Completion rate 97.00% | 480.03 KZT | Amount200 USDT Limit5000 - 25000 KZT | ||
J Just_yakhyo 7 trades|Completion rate 78.00% | 480.02 KZT | Amount700 USDT Limit100000 - 816034 KZT | ||
A Asikbigbro 12 trades|Completion rate 92.00% | 480 KZT | Amount381 USDT Limit5000 - 69750 KZT |
What factors influence the conversion rate of Flits to Kazakhstani Tenge?
Flits to Kazakhstani Tenge is rising this week.Conversion tables
The exchange rate of Flits is increasing.FLS to KZT
KZT to FLS
Today vs. 24 hours ago
Amount | 11:29 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 FLS | $0.002327 | $0.003244 | -6.82% |
1 FLS | $0.004654 | $0.006489 | -6.82% |
5 FLS | $0.02327 | $0.03244 | -6.82% |
10 FLS | $0.04654 | $0.06489 | -6.82% |
50 FLS | $0.2327 | $0.3244 | -6.82% |
100 FLS | $0.4654 | $0.6489 | -6.82% |
500 FLS | $2.33 | $3.24 | -6.82% |
1000 FLS | $4.65 | $6.49 | -6.82% |
Today vs. 1 month ago
Amount | 11:29 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 FLS | $0.002327 | $-0.002978 | +73.49% |
1 FLS | $0.004654 | $-0.005956 | +73.49% |
5 FLS | $0.02327 | $-0.02978 | +73.49% |
10 FLS | $0.04654 | $-0.05956 | +73.49% |
50 FLS | $0.2327 | $-0.2978 | +73.49% |
100 FLS | $0.4654 | $-0.5956 | +73.49% |
500 FLS | $2.33 | $-2.9782 | +73.49% |
1000 FLS | $4.65 | $-5.9565 | +73.49% |
Today vs. 1 year ago
Amount | 11:29 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 FLS | $0.002327 | $-0.003908 | +99.14% |
1 FLS | $0.004654 | $-0.007816 | +99.14% |
5 FLS | $0.02327 | $-0.03908 | +99.14% |
10 FLS | $0.04654 | $-0.07816 | +99.14% |
50 FLS | $0.2327 | $-0.3908 | +99.14% |
100 FLS | $0.4654 | $-0.7816 | +99.14% |
500 FLS | $2.33 | $-3.9079 | +99.14% |
1000 FLS | $4.65 | $-7.8158 | +99.14% |
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