Kazakhstan's national currency, the Tenge, has experienced a depreciation, with the U.S. Dollar gaining value within the country.
Hittin' the Kazakhstan Stock Exchange (KASE): Forex Trading Closes for the Day
Straight from Liter.kz, we learn that trading in foreign currency instruments has wrapped up for the day at KASE.
Ending the trading session, the average weighted exchange rate of the green buck sat at 518.53 tenge, marking an increase of 2.33 tenge.
Now, hold on to your hats. The official dollar rate, as announced by the National Bank for May 5, stands at a tidy 516.16 tenge.
Curious about what that means for your hard-earned cash? The following exchange rates are current as of this moment:
- Dollar: Buy: 517-518 tenge, Sell: 518.5-519 tenge.
- Euro: Buy: 586-588 tenge, Sell: 590-591 tenge.
- Rouble: Buy: 6.1-6.15 tenge, Sell: 6.2-6.25 tenge.
Let's delve deeper into the exchange rate game:
Euro to Kazakhstani Tenge (EUR/KZT)
- Official Rate: Lately, the official exchange rate for 1 EUR has been approximately 580 KZT. (This info is latest by May 11, 2025, 'cause who doesn't love recent trends?)
- Exchange Offices: Expect a slight wiggle room in the rates offered by exchange offices. Forecasts suggest rates around 567 KZT - 601 KZT per EUR for June 2025.
Russian Ruble to Kazakhstani Tenge (RUB/KZT)
- Official Rate: In the world of currency exchange, 1 RUB typically sits between 5.96 KZT and 6.07 KZT, based on recent data from early 2025.
- Exchange Offices: The rates in exchange offices may mirror the official fluctuations, but you'll find variations from office to office and within the time of exchange.
As a rule of thumb, official exchange rates serve as a reference while exchange offices can offer different rates due to service fees and market conditions. However, drastic deviations from the official and exchange office rates are uncommon in a steady market. To get the most accurate info, it's wise to check with local exchange offices in Kazakhstan.
For more dazzling insights about exchange rates, be sure to check out "Exchange Rates to the Kazakhstani Tenge." Keep your cash game strong, and let's ride this financial wave!
The forex trading in the Kazakhstan Stock Exchange (KASE) might have concluded for the day, but the exchange rates continue to shape the industry and finance sector. In the business world, the official dollar rate today is 516.16 tenge, while the euro is estimated to be bought and sold around 586-591 tenge, as reported by the latest updates.
