Kazakhstani Tenge (KZT)
a.k.a. KZT, Tenge
Kazakhstan's currency, code KZT, an oil-linked currency that has been allowed to float since 2015.
In plain English
Kazakhstan's currency, code KZT, an oil-linked currency that has been allowed to float since 2015.
The Kazakhstani tenge (KZT) was let go in 2015 after oil prices collapsed, and it promptly lost a large chunk of its value. Oil and metals dominate exports.
It also tends to react to moves in the Russian ruble, given close trade ties.
Keep this word for good
Your free Private Swap Lounge saves the terms you’ve learned and quizzes you on them. Portal under construction. Expected delivery date is December 01, 2026.