Dollar depreciated against Tenge on May 13th
Here's the revised article:
Currency Exchange Rates on May 13, 2025
Wanna know the latest foreign exchange rates? Here's the deets!
The Kazakhstani tenge took a dip against the dollar, ending the trading day at 510.06 tenge, a drop of 3.33 tenge. On the other hand, the Russian ruble favorably increased to 6.32 tenge (+0.04) and the Chinese yuan was a tad lower at morning trading, standing at 71.10 tenge (-0.34).
Now, let's hit up the exchange offices: dollars are exchanging hands for 511 to 514.1 tenge, euros for a range of 566 to 572 tenge, and rubles at 6.23 to 6.35 tenge.
But hang on, global oil prices took a hit on May 13 trading. The cost of July Brent futures on ICE Futures plummeted by 0.22% to $64.82 per barrel, and the June WTI oil futures also suffered a drop of 0.18% to $61.84 per barrel.
Earlier in the day, the National Bank set the dollar rate at 513.74 tenge, the euro at 569.17 tenge, and the ruble at 6.33 tenge. So, that's that!
For the rates at which Kazakhstani exchange offices were selling/buying foreign currency in the first half of the day on May 13, peep this link: example.com.
Oh, and if you're interested, here's a rough idea of the exchange rates around that time:
- Back then, 1 US Dollar (USD) was approximately 506.21 KZT around May 15, 2025[4].
- For Euro (EUR), it's about 568.42 KZT per EUR on the same day[4].
- Over the course of 2025, the average exchange rate for 1 KZT was around 0.001957 USD, with a highest rate of 0.002049 USD per KZT[2]. But remember, those are general rates, so it's always best to consult local exchange offices or financial institutions for more accurate rates. That's all, folks! Keep checking back for more updates! 😊
I, being an investor in the energy sector, noticed the drop in global oil prices on May 13, 2025, which might impact the finance industry and overall economic growth, especially in the industry of Kazakhstan given its reliance on energy exports. Therefore, I would consider diversifying my investments to mitigate potential risks.
