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.
XI to KZT conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ₸3.4 | 0.0200% / 0.0320%VIP 7 |
How to buy Xi Token
Buy XI (or USDT) for KZT (Kazakhstani Tenge) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
F FREE-USDT 55 trades|Completion rate 100.00% | 1 KZT | Amount5 USDT Limit1 - 1 KZT | ||
R Rau77 141 trades|Completion rate 99.00% | 504.89 KZT | Amount450.96 USDT Limit10000 - 227685 KZT | ||
C Crypto_Magnus 164 trades|Completion rate 99.00% | 504.89 KZT | Amount537.58 USDT Limit5000 - 271418 KZT | ||
p p2p-TradeInvest 148 trades|Completion rate 99.00% | 504.89 KZT | Amount144.79 USDT Limit10000 - 73103 KZT | ||
N NURKEN_055 8 trades|Completion rate 100.00% | 504.9 KZT | Amount278.54 USDT Limit5000 - 140000 KZT |
Sell XI (or USDT) for KZT (Kazakhstani Tenge) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
C CriptoAlenka 44 trades|Completion rate 92.00% | 485 KZT | Amount105.14 USDT Limit5000 - 25776 KZT | ||
i ilizzzak 4 trades|Completion rate 100.00% | 484.5 KZT | Amount206.4 USDT Limit5000 - 100000 KZT | ||
J Just_yakhyo 4 trades|Completion rate 100.00% | 484.01 KZT | Amount828.85 USDT Limit100000 - 726015 KZT | ||
p p2p-TradeInvest 148 trades|Completion rate 99.00% | 483 KZT | Amount773 USDT Limit5000 - 120000 KZT | ||
C Crypto_Magnus 164 trades|Completion rate 99.00% | 482.11 KZT | Amount66.54 USDT Limit3000 - 91900 KZT |
What factors influence the conversion rate of Xi Token to Kazakhstani Tenge?
Xi Token to Kazakhstani Tenge is falling this week.Conversion tables
The exchange rate of Xi Token is increasing.XI to KZT
KZT to XI
Today vs. 24 hours ago
Amount | 05:40 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 XI | $0.003532 | $0.003287 | +7.44% |
1 XI | $0.007063 | $0.006574 | +7.44% |
5 XI | $0.03532 | $0.03287 | +7.44% |
10 XI | $0.07063 | $0.06574 | +7.44% |
50 XI | $0.3532 | $0.3287 | +7.44% |
100 XI | $0.7063 | $0.6574 | +7.44% |
500 XI | $3.53 | $3.29 | +7.44% |
1000 XI | $7.06 | $6.57 | +7.44% |
Today vs. 1 month ago
Amount | 05:40 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 XI | $0.003532 | $0.001196 | +195.43% |
1 XI | $0.007063 | $0.002391 | +195.43% |
5 XI | $0.03532 | $0.01196 | +195.43% |
10 XI | $0.07063 | $0.02391 | +195.43% |
50 XI | $0.3532 | $0.1196 | +195.43% |
100 XI | $0.7063 | $0.2391 | +195.43% |
500 XI | $3.53 | $1.2 | +195.43% |
1000 XI | $7.06 | $2.39 | +195.43% |
Today vs. 1 year ago
Amount | 05:40 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 XI | $0.003532 | $0.004275 | -17.38% |
1 XI | $0.007063 | $0.008550 | -17.38% |
5 XI | $0.03532 | $0.04275 | -17.38% |
10 XI | $0.07063 | $0.08550 | -17.38% |
50 XI | $0.3532 | $0.4275 | -17.38% |
100 XI | $0.7063 | $0.8550 | -17.38% |
500 XI | $3.53 | $4.27 | -17.38% |
1000 XI | $7.06 | $8.55 | -17.38% |
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