Convert Kazakhstani Tenge to Mexican Peso
Please provide values below to convert Kazakhstani Tenge [KZT] to Mexican Peso [MXN], or Convert Mexican Peso to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Mexican Peso
1 KZT = 28.6796000901085 MXN
Example: convert 15 KZT to MXN:
15 KZT = 15 × 28.6796000901085 MXN = 430.194001351627 MXN
Kazakhstani Tenge to Mexican Peso 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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.