Kazakhstani Tenge · KZT

₸ symbol · 1 country currently using this currency.

Currency info

Adopted: 1993

Currency family: Other

The word 'tenge' comes from a historical Turkic monetary unit used centuries before Kazakhstan's independence.

Introduced on November 15, 1993, replacing the Soviet ruble following Kazakhstan's independence
Initially pegged to the US dollar, then transitioned to a managed float system
Experienced significant devaluation in 2014 and 2015 due to falling oil prices and regional economic pressures
The tenge symbol ₸ was officially adopted in 2015 to represent the currency's modern identity
Managed by the National Bank of Kazakhstan as the sole authority for monetary policy

Soviet ruble