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IDEX to Kazakhstani Tenge Converter and calculator

Convert 1IDEX (IDEX) to Kazakhstani Tenge (KZT) equals ₸ 17.42 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of IDEX(IDEX) to Kazakhstani Tenge(KZT). This is the real-time data. The current conversion shows 1 IDEX at a value of 1 IDEX for 17.42 KZT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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.

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Bitget crypto-to-fiat exchange data shows that the most popular IDEX currency pair is the IDEX to KZT, with for IDEX's currency code being IDEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KZT.

IDEX to KZT conversion rate trend

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In the past 1D, IDEX has changed -2.32% to KZT. Based on the trend and price charts, IDEX(IDEX) has changed -2.32% to KZT while Kazakhstani Tenge(KZT) has changed % to IDEX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₸17.53
0.0200% / 0.0320%vip-iconVIP 7
Binance
₸17.57
0.1000% / 0.1000%
Yes
Coinbase Exchange
₸22.21
0.1000% / 0.1000%
Yes
Huobi
₸17.48
0.1000% / 0.1000%
Yes
Gate.io
₸17.47
0.1000% / 0.1000%
Yes
Last updated 2024/11/08 16:00:16(UTC+0)

How to buy IDEX

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Buy IDEX (IDEX)
Use a variety of payment options to buy IDEX on Bitget. We'll show you how.

Buy IDEX (or USDT) for KZT (Kazakhstani Tenge) offers

Bitget P2P trading does not currently support direct buying of IDEX with KZT. However, you can buy USDT in Bitget P2P trading first, and then buy IDEX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell IDEX (or USDT) for KZT (Kazakhstani Tenge) offers

Bitget P2P trading currently does not support direct selling of IDEX to KZT. However, you can first exchange IDEX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of IDEX to Kazakhstani Tenge?

IDEX to Kazakhstani Tenge is rising this week.
IDEX's current market price is ₸ 17.42 per IDEX, with a total market cap of ₸ 14,070,037,485.14 KZT based on a circulating supply of 807,489,000 IDEX. The trading volume of IDEX has changed by -3.18% (₸ -32,563,121.76 KZT) in the last 24 hours. Last trading day, IDEX's trading volume was ₸ 1,023,900,945.24.
Market cap
$28.57M
24h volume
$2.01M
Circulating supply
807.49M IDEX

Conversion tables

The exchange rate of IDEX is decreasing.
1 IDEX is currently valued at ₸ 17.42 KZT , which means buying 5 IDEX will cost ₸ 87.12 KZT . Similarly, ₸1 KZT can be traded for 0.05739 IDEX, and ₸50 KZT can be converted to 2.87 IDEX, excluding any platform or gas fees.
The exchange rate of 1 IDEX to Kazakhstani Tenge has changed by +4.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.32%, reaching a high of 17.97 KZT and a low of 17.24 KZT . One month ago, the value of 1 IDEX was ₸ 17.55 KZT , which represents a -0.71% change from its current value. Over the last year, IDEX has changed by
-
8.69KZT
, resulting in a change of -33.20% in its value.

IDEX to KZT

Amount
20:52 today
0.5 IDEX
8.71
1 IDEX
17.42
5 IDEX
87.12
10 IDEX
174.24
50 IDEX
871.22
100 IDEX
1,742.44
500 IDEX
8,712.22
1000 IDEX
17,424.43

KZT to IDEX

Amount20:52 today
0.5KZT0.02870  IDEX
1KZT0.05739  IDEX
5KZT0.2870  IDEX
10KZT0.5739  IDEX
50KZT2.87  IDEX
100KZT5.74  IDEX
500KZT28.7  IDEX
1000KZT57.39  IDEX

Today vs. 24 hours ago

Amount20:52 today24 hours ago24h change
0.5 IDEX$0.01769$0.01811
-2.32%
1 IDEX$0.03538$0.03622
-2.32%
5 IDEX$0.1769$0.1811
-2.32%
10 IDEX$0.3538$0.3622
-2.32%
50 IDEX$1.77$1.81
-2.32%
100 IDEX$3.54$3.62
-2.32%
500 IDEX$17.69$18.11
-2.32%
1000 IDEX$35.38$36.22
-2.32%

Today vs. 1 month ago

Amount20:52 today1 month ago1M change
0.5 IDEX$0.01769$0.01782
-0.71%
1 IDEX$0.03538$0.03563
-0.71%
5 IDEX$0.1769$0.1782
-0.71%
10 IDEX$0.3538$0.3563
-0.71%
50 IDEX$1.77$1.78
-0.71%
100 IDEX$3.54$3.56
-0.71%
500 IDEX$17.69$17.82
-0.71%
1000 IDEX$35.38$35.63
-0.71%

Today vs. 1 year ago

Amount20:52 today1 year ago1Y change
0.5 IDEX$0.01769$0.02652
-33.20%
1 IDEX$0.03538$0.05303
-33.20%
5 IDEX$0.1769$0.2652
-33.20%
10 IDEX$0.3538$0.5303
-33.20%
50 IDEX$1.77$2.65
-33.20%
100 IDEX$3.54$5.3
-33.20%
500 IDEX$17.69$26.52
-33.20%
1000 IDEX$35.38$53.03
-33.20%

IDEX price prediction

What will the price of IDEX be in 2025?

Based on IDEX's historical price performance prediction model, the price of IDEX is projected to reach $0.04335 in 2025.

What will the price of IDEX be in 2030?

In 2030, the IDEX price is expected to change by -19.00%. By the end of 2030, the IDEX price is projected to reach $0.07148, with a cumulative ROI of +119.35%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between IDEX and KZT.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as IDEX and KZT. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of IDEX in KZT, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.