Euro to Kazakhstani Tenge — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Kazakhstan

Currency Code, Symbol: KZT, ₸

Denominations of coins in circulation: 5, 10, 20, 50, 100, 200 tenge

Denominations of banknotes in circulation: 200, 500, 1,000, 2,000, 5,000, 10,000, 20,000 tenge

History: The Kazakhstani tenge (₸) is the main currency of Kazakhstan, issued and used only within this Asian state. The international currency exchange denotes it as KZT. Tiyns are used as change for the Kazakhstani tenge.Every KZT has 100 tiyns. The currency has been issued since 1993. It appeared after the dissolution of the USSR, taking the place of the Soviet ruble. Initially, Kazakhstan did not have its own treasury. Banknotes were printed in Great Britain. German specialists were engaged in minting. Some time later, the country has begun to issue the money on its own.Read More