What is the official currency of Kazakhstan?

The official currency of Kazakhstan is the Kazakhstani tenge.

Kazakhstan introduced the tenge on 15 November 1993, replacing the Soviet ruble after the country became independent. The date is commemorated as National Currency Day in Kazakhstan. The name is related to historical Turkic monetary terms and is also connected linguistically with the word “denge,” meaning balance or scale in some Turkic languages.

The tenge is divided into 100 tiyn, although everyday transactions have generally centered on tenge-denominated notes and coins. Its ISO code is KZT. The National Bank of Kazakhstan is responsible for issuing the currency, whose designs have changed as the country has developed its own national symbols.

The tenge is sometimes confused with the currencies of other Central Asian states because many of them inherited monetary systems from the Soviet period. Kazakhstan’s currency is distinct from the Kyrgyzstani som, Uzbekistani soʻm, and Tajikistani somoni. Each has its own issuer, code, history, and exchange rate.