Foreign currencies have experienced an increase in value within Kazakhstan.
As of July 1, 2025, the exchange rates for several foreign currencies against the Kazakhstan tenge (KZT) show some variation between official rates and market rates in Kazakhstan's major cities.
The official rate set by the National Bank of Kazakhstan for the US Dollar (USD) is approximately 1 USD = 519.64 KZT, while market rates from currency exchange platforms show a live rate around 1 USD = 520.22 KZT. Historical averages for 2025 indicate an average of about 0.001955 to 0.001956 USD per 1 KZT, which corresponds roughly to 511–512 KZT per USD on average over the year. Another source reports the mid-market rate at the beginning of July as approximately 1 USD = 516.7 to 516.99 KZT.
For the Euro (EUR), the official rate on July 1, 2025, is about 1 EUR = 609.23 KZT according to the National Bank data. There are fewer specific market or historical rate details available in the results.
Regarding the Russian Ruble (RUB), the official exchange rate is quoted but specific details are limited in the search results.
In comparison, the table below shows the official and market rates for the US Dollar, Euro, and Russian Ruble, along with their approximate average rates for 2025:
| Currency | Official Rate (National Bank) | Market Rate (Live Platforms) | Average 2025 Rate (approximate) | |----------|-------------------------------|------------------------------|--------------------------------| | USD | 519.64 KZT | ~520.22 KZT | ~511–512 KZT (avg of year) | | EUR | 609.23 KZT | Not specifically listed | N/A | | RUB | Not detailed | Not detailed | N/A |
It is worth noting that the official rate generally aligns closely with live market rates in major cities, with minor fluctuations. Average yearly rates indicate some strengthening of the tenge against the US dollar over the first half of 2025, with the highest rate reaching 0.002049 USD per tenge on March 11, 2025. The mid-market rates provide a useful benchmark for money transfers and conversions.
Data specific to multiple cities within Kazakhstan was not distinctly provided, but major city rates typically track the national average closely. The exchange rates for the US Dollar in Nur-Sultan, Shymkent, and unspecified locations are 518-521 tenge, 518-524 tenge, and 518-521 tenge, respectively. Similarly, the exchange rates for the Euro in these cities are 606-611 tenge, 604-611 tenge, and 606-611 tenge, respectively.
The exchange rates for other currencies were not provided in the given paragraph, but exchange offices in Almaty, Nur-Sultan, and Shymkent have published their own buy and sell rates for currencies. The official exchange rates for the Chinese Yuan, Ukrainian Hryvnia, Kyrgyz Som, Turkish Lira, and the United Arab Emirates Dirham were not specified in the current paragraph.
In conclusion, the exchange rates for the tenge against key foreign currencies as of July 1, 2025, are closely aligned, with small daily variations typical of currency markets. The currency remains relatively stable against the dollar compared to the average of the year so far.
In the context of the given text, two sentences that follow and contain the words 'industry', 'finance', and 'business' could be:
- Market rates from currency exchange platforms in Kazakhstan's major cities reflect the real-time fluctuations in the foreign exchange market, serving as valuable data points for businesses and finance sectors dealing with international transactions.
- The finance industry and businesses involved in import/export activities need to stay updated on the exchange rate changes of key foreign currencies, as slight variations in rates can significantly impact their profitability in Kazakhstan's competitive market.
