Exchange rates on the 20th of September
Here's the revised article:
Hey there! Want to know the latest exchange rates straight from the horse's mouth? Well, let's get to it then!
According to the National Bank of Kazakhstan, these are the current exchange rates:- USD to KZT: 420.76- EUR to KZT: 498.6- RUB to KZT: 5.6- GBP to KZT: 545.98- TRY to KZT: 55.61- UAH to KZT: 14.94- CNY to KZT: 62.27- KGS to KZT: 5.37
Now, while these are the official rates, be cautious if you see some wild numbers floating around. For instance, the UK government’s consular exchange rate for KZT seems a tad unusual at 710 KZT per GBP for May 2025. But don't sweat it, that's more likely due to a specific administrative rate than market conditions.
As for the factors that influence the tenge, the big player in the game is oil. With Brent crude forecasts revised downward to $74.6/barrel, it's putting a dent in the tenge. Not to mention, the National Bank has been pretty active in supporting the tenge amid depreciation linked to geopolitical risks and trade policy changes.
Remember, if you want to dive deeper into the exchange rates for EUR, CNY, RUB, or any other major currencies, it's best to check out the National Bank’s website or trusted financial platforms. That's where you'll find the most accurate and up-to-date information.
Stay informed and stay smooth!
If you're considering investing in Kazakhstan's business sector, it's essential to be aware of the current exchange rates. The USD is equivalent to approximately 420.76KZT, while 1TRY is equivalent to 55.61KZT. The exchange rate for GBP is 545.98KZT, and it's crucial to note that the UK government’s consular exchange rate for KZT might appear unusual compared to the official rates. Keeping an eye on the oil market is also important, as it significantly influences the tenge, with Brent crude forecasts revised downward to $74.6/barrel.
