Convert Saudi Riyal to Kazakhstani Tenge
Please provide values below to convert Saudi Riyal [SAR] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Saudi Riyal.
How to Convert Saudi Riyal to Kazakhstani Tenge
1 SAR = 0.00701317092200942 KZT
Example: convert 15 SAR to KZT:
15 SAR = 15 × 0.00701317092200942 KZT = 0.105197563830141 KZT
Saudi Riyal to Kazakhstani Tenge Conversion Table
| Saudi Riyal | Kazakhstani Tenge |
|---|
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.