Exchange rates for various currencies, reported as of 11th December
On December 11, 2022, the exchange rates for several major currencies against the Kazakhstan Tenge (KZT) were as follows:
- The exchange rate of the US Dollar (USD) to KZT was 420.16, according to the National Bank of Kazakhstan.
- The exchange rate of the Turkish Lira (TRY) to KZT was 53.49.
- The exchange rate of the British Pound (GBP) to KZT was 559.49.
- The exchange rate of the Chinese Yuan (CNY) to KZT was 64.22.
- The exchange rate of the Russian Ruble (RUB) to KZT was 5.72.
- The exchange rate of the Kyrgyz Som (KGS) to KZT was 4.96.
While historical data for December 11, 2022, is not readily available, it is worth noting that exchange rate trends are influenced by factors such as inflation, monetary policy, and economic conditions. For precise data on this specific date, one would typically consult archived financial market data sources or central bank reports from that period.
It is also important to consider the broader context. In the years following December 11, 2022, available data indicates a general trend of weakening of the Tenge against major currencies like USD, GBP, and others. This trend may be driven by inflationary pressures and economic dynamics in Kazakhstan.
For instance, data from 2025 shows an overall increase in the USD value against KZT by about +2.58%, with a high of approximately 544 KZT per USD in July 2025. Similarly, GBP/KZT rates showed fluctuations, with a high around 735 KZT per GBP in July 2025 and a low about 624 KZT per GBP in February 2025. Inflation in Kazakhstan remained high around 11.8% in mid-2025, potentially impacting the Tenge's value and exchange rates.
As of August 16, 2025, the latest mid-market rates showed USD/KZT at about 541 KZT per USD, indicating a continued depreciation of KZT relative to USD. This trend suggests that the weakening of the Tenge against major currencies may have persisted beyond December 11, 2022.
The exchange rate fluctuations between major currencies and the Kazakhstan Tenge (KZT) can be significant, as evidenced by the trend of weakening Tenge against currencies like the US Dollar (USD), British Pound (GBP), and others, in the years following December 11, 2022. This trend is often driven by factors such as inflation, monetary policy, and economic conditions, which are integral to the finance industry and broader business environment.
