Convert Kazakhstani Tenge to Euro
Please provide values below to convert Kazakhstani Tenge [KZT] to Euro [EUR], or Convert Euro to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Euro
1 KZT = 627.076580274422 EUR
Example: convert 15 KZT to EUR:
15 KZT = 15 × 627.076580274422 EUR = 9406.14870411634 EUR
Kazakhstani Tenge to Euro Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.