The tenge (, or ; , ; ; sign: ₸ ; code: KZT) is the currency of Kazakhstan. It is divided into 100 tiyn (, , ).
History
After the breakup of the Soviet Union in December 1991, most of the formerly Soviet republics attempted to maintain a common currency. Some politicians hoped to at least maintain "special relations" among former Soviet republics (the "near abroad"). Other reasons were the economic considerations for maintaining the ruble zone. The wish to preserve strong trade relations between former Soviet republics was considered the most important goal.
The break-up of the Soviet Union was not accompanied by any formal changes in monetary arrangements. The Central Bank of Russia took over the State Bank of the USSR (Gosbank) on 1 January 1992. It continued to ship Soviet notes and coins to the central banks of the eleven newly independent countries, which had formerly been the main branches of Gosbank in the republics.
The political situation, however, was not favourable for maintaining a common currency. As a result, some countries were issuing coupons in order to "protect" their markets from buyers from other states. The Russian central bank responded in July 1992 by setting up restrictions to the flow of credit between Russia and other states. The final collapse of the ruble zone began when Russia pulled out with the exchange of banknotes by the Central Bank of Russia on Russian territory at the end of July 1993.
As a result, Kazakhstan and other countries still in the ruble zone were "pushed out."
Etymology
The word tenge in Kazakh and in most other Turkic languages means balance, a set of weighing scale, balanced scale and parity of scale or other measurements. (Turkish denge, cf the old Uzbek tenga or the Tajik borrowed term tanga). The origin of the word is the Mongolic word teng (ᠲᠡᠩ) originating from Chinese děng (等 or 戥) which means "being equal, balance". The name of this currency is thus similar to the pound, lira, peso, taka, and shekel. The name of the currency is also related to the Russian word for money / , which the Old Russian language borrowed from Turkic sources.
Symbol
80px|thumb|left|The symbol for the Kazakhstani tenge.
Originally a simple letter "Т" was used to denote amounts in tenge, this is still recommended when the tenge symbol is not available. In autumn 2006 the National Bank of Kazakhstan organised a competition for a unique symbol for the currency and received over 30,000 applications.
On 20 March 2007, two days before the Nauryz holiday, the National Bank of Kazakhstan approved a graphical symbol for the tenge: ₸. <!--It is the character for "Tengri" from Old turkic script similar to Latin "T" with bar above.--> <!-- It resembles the Japanese postal mark. -->
On 29 March 2007, the Bank announced two designers from Almaty, Vadim Davydenko and Sanzhar Amirkhanov, as winners for the design of the symbol of the Kazakhstani tenge. They shared a prize of ₸1,000,000 and the title of "parents" of the tenge symbol.
The character was included in Unicode 5.2.0 (August 2009) at code point U+20B8.
Coins
While older coins were struck in Germany, current coins are struck domestically, by the Kazakhstan Mint in Oskemen.
First series (1993)
In 1993, the first series of coins were introduced in denominations of 2, 5, 10, 20, and 50 tiyin featuring the national arms and were struck in bronze. The coins of ₸ 1, ₸ 3, ₸ 5, ₸ 10, and ₸ 20 were struck in cupro-nickel and depicted stylized and mythical animals. The coins of this period circulated alongside tiyin and low denomination tenge notes of equal value. Tiyin coins were withdrawn as of 7 February 2001 and lost their effect as legal currency as of 31 December 2012.
{| class = "wikitable" style = "font-size: 90%; text-align: center"
! rowspan="2"|Image
! rowspan="2"|Denomination
! rowspan="2"|Material
! rowspan="2"|Diameter
! rowspan="2"|Mass
! rowspan="2"|Thickness
! rowspan="2"|Edge
! colspan="3"|Date of
|-
! issue
! minting
! withdrawal
|-
| 120px
| 2 tiyin
| rowspan="5"|Brass
| rowspan="2"|17.27 mm
| rowspan="2"|2.26 g
| rowspan="2"|1.3 mm
| rowspan="5" |Smooth
| rowspan="5"|1 March 1994
| rowspan="10"|1993
| rowspan="5"|31 December 2012
|-
| 120px
| 5 tiyin
|-
| 120px
| 10 tiyin
| 19.56 mm
| 3.48 g
| 1.6 mm
|-
| 120px
| 20 tiyin
| 21.87 mm
| 4.71 g
| 1.7 mm
|-
| 120px
| 50 tiyin
| 25 mm
| 7.43 g
| 2 mm
|-
| 120px
| T 1
| rowspan = "5"|Nickel silver
| 17.27 mm
| 2.26 g
| 1.3 mm
| rowspan="4" |Smooth
| rowspan="5" |25 October 1995
| rowspan = "5"|1 October 2001
|-
| 120px
| T 3
| 19.56 mm
| 3.48 g
| 1.6 mm
|-
| 120px
| T 5
| 21.87 mm
| 4.71 g
| 1.7 mm
|-
| 120px
| T 10
| 25 mm
| 7.43 g
| rowspan="2"|2 mm
|-
| 120px
| T 20
| 31 mm
| 11.37 g
| Grooved
|}
Second series (1998)
thumb|300px|right|₸1, ₸2, ₸5, ₸10, ₸20, ₸50 and ₸100 coins of the second series.
In 1998, a new series of coins was introduced. After the withdrawal of tiyin denominated coins ₸ 1 became the smallest denomination. ₸ 100 were later introduced in 2002 replacing the equivalent notes. A ₸ 2 coin was introduced in 2005. In 2013 the alloy of lower denomination coins was altered.
{| class="wikitable collapsible autocollapse" style="font-size: 90%"
!colspan="13"|Second series coins of the Kazakh tenge (1997–2018)
|-
! rowspan="2"| Image !!rowspan="2"| Value !!colspan="4"| Technical parameters !!colspan="3"| Description !!colspan="4"| Date of
|-
! Diameter !! Mass !! Thickness !! Composition !! Edge !! Obverse !! Reverse !! minting !! issue !! withdrawal !! lapse
|-
| align="center" bgcolor="#000000"| 120px
| ₸1
| 15 mm
| 1.63 g
| 1.3 mm
|rowspan="4"|Alloy of "nickel silver", yellow color<br />(since 2013 - carbon steel, galvanic coating yellow metal)
|rowspan="4"|Plain
|rowspan="4"|Value
|rowspan="4"|Year, Emblem of Kazakhstan
|1997~2018
|11 November 1998
|rowspan="4" colspan="2"|Current
|-
| align="center" bgcolor="#000000"| 120px
| ₸2
| 16 mm
| 1.84 g
| 1.3 mm
|2005,2006
|23 February 2005
|-
| align="center" bgcolor="#000000"| 120px
| ₸5
| 17.27 mm
| 2.18 g
| 1.3 mm
|rowspan="2"|1997~2018
|rowspan="2"|11 November 1998
|-
| align="center" bgcolor="#000000"| 120px
| ₸10
| 19.56 mm
| 2.81 g
| 1.3 mm
|-
| align="center" bgcolor="#000000"| 120px
| ₸20
| 18.27 mm
| 2.9 g
| 1.6 mm
|rowspan="2"|Alloy of "nickel silver", white color (since 2013 - carbon steel and galvanic nickel)
|rowspan="2"|Grooved
|rowspan="3"|Value
|rowspan="3"|Year, Emblem of Kazakhstan
|rowspan="2"|1997~2018
|rowspan="2"|11 November 1998
|rowspan="3" colspan="2"|Current
|-
| align="center" bgcolor="#000000"| 120px
| ₸50
| 23 mm
| 4.7 g
| 1.6 mm
|-
| align="center" bgcolor="#000000"| 120px
| ₸100
| 24.5 mm
| 6.65 g
| 1.95 mm
| Inner disk: alloy of "nickel silver", white color<br />Outer disk: alloy of "nibrass", yellow color.
| Grooved with the note - «СТО ТЕНГЕ - ЖYЗ ТЕҢГЕ» (one hundred tenge)
| 2002~2007
| 1 July 2002
|-
|colspan="16"|
|}
Third series (2019)
In 2019, a new series of coins was introduced into circulation, with the same coin specifications and metallic compositions as the second series. But with the inscriptions of the coins now rendered in Latin-based Kazakh instead of Kazakh-based Cyrillic.
The coins were issued as part of the efforts of the presidential decree issued by former President Nursultan Nazarbayev of its transition of switching from a Cyrillic-based alphabet to a Latin-based alphabet and emphasizing Kazakh culture and distance the country from Russian influence. The designs of the coins were approved by Interim President Kassym-Jomart Tokayev on 20 March 2019. Previously issued coins bearing the Kazakh Cyrillic script will remain legal tender alongside the new Kazakh Latin inscribed coins.
In 2019, the National Bank of Kazakhstan announced the issuance of new ₸200 coins, which were issued into circulation in 2020. This new denomination features inscriptions in Latin-based Kazakh, and like the ₸100 coin, is bi-metallic.
{| class="wikitable collapsible autocollapse" style="font-size: 90%"
!colspan="13"|Third series coins of the Kazakh tenge (2019–present)
|-
! rowspan="2"| Image !!rowspan="2"| Value !!colspan="4"| Technical parameters !!colspan="3"| Description !!colspan="4"| Date of
|-
! Diameter !! Mass !! Thickness !! Composition !! Edge !! Obverse !! Reverse !! minting !! issue !! withdrawal !! lapse
|-
| align="center" bgcolor="#000000"| 100px|1 tenge
| ₸1
| 15 mm
| 1.63 g
| 1.3 mm
|rowspan="4"|Carbon steel, galvanic coating yellow metal
|rowspan="4"|Plain
|rowspan="4"|Value
|rowspan="4"|Year, Emblem of Kazakhstan
|rowspan="4"|2019~present
|rowspan="4"|26 April 2019
|rowspan="4" colspan="2"|Current
|-
| align="center" bgcolor="#000000"| 100px|2 tenge
| ₸2
| 16 mm
| 1.84 g
| 1.3 mm
|-
| align="center" bgcolor="#000000"| 100px|5 tenge
| ₸5
| 17.27 mm
| 2.18 g
| 1.3 mm
|-
| align="center" bgcolor="#000000"| 100px|10 tenge
| ₸10
| 19.56 mm
| 2.81 g
| 1.3 mm
|-
| align="center" bgcolor="#000000"| 100px|20 tenge
| ₸20
| 18.27 mm
| 2.9 g
| 1.6 mm
|rowspan="2"|Carbon steel and galvanic nickel
|rowspan="2"|Grooved
|rowspan="4"|Value
|rowspan="4"|Year, Emblem of Kazakhstan
|rowspan="3"|2019~present
|rowspan="3"|26 April 2019
|rowspan="4" colspan="2"|Current
|-
| align="center" bgcolor="#000000"| 100px|50 tenge
| ₸50
| 23 mm
| 4.7 g
| 1.6 mm
|-
| align="center" bgcolor="#000000"| 100px|100 tenge
| ₸100
| 24.5 mm
| 6.65 g
| 1.95 mm
| Inner disk: alloy of "nickel silver", white color<br />Outer disk: alloy of "nibrass", yellow color.
| Grooved with the note - «JÚZ TEŃGE» (one hundred tenge)
|-
| align="center" bgcolor="#000000"| 50px|200 tenge50px|200 tenge
| ₸200
| 26 mm
| 7.5 g
| 1.9 mm
|Aluminium-brass center in copper-nickel ring
|Sixteen indentations ('Spanish flower') with alternate plain and reeded sections
|2020~present
|28 January 2020
|-
|colspan="16"|
|}
Commemorative coins
Commemorative coins are issued in denominations of ₸20, ₸50, ₸100, ₸500, ₸1,000, ₸2,500, ₸5,000 and ₸10,000. Silver and gold bullion coins exist in denominations of ₸1, ₸2, ₸5, ₸10, ₸20, ₸50 and ₸100. Many of the ₸20 and ₸50 commemoratives are also struck in cupro-nickel and occasionally make it out into general circulation as a side coinage with face value.
left|thumb|175px|New symbol of tenge (₸) used on info-board of a currency exchange office in [[Almaty]]
Banknotes
thumb|right|250x250px|200 tenge (old design)
1993 series
The banknotes were introduced into circulation on November 15, 1993. Following the introduction of the first series of coins, the fractional notes (denominated in tiyn) were withdrawn from circulation.
On November 15, 2006, the 1993 series banknotes of 1, 3, 5, 10, 20, 50, and 100 tenge were officially withdrawn from circulation. De facto, they began to leave circulation between 1999 and 2003. Following the withdrawal date, the old banknotes were accepted for exchange by all second-tier banks for one year; for an additional five years, the exchange could only be performed at branches of the National Bank after an authenticity check.
{|class="wikitable" style="font-size: 90%; text-align: center"
!colspan="9"| NBRK Banknotes (Series I)
|-
!rowspan="2"| Obverse image
!rowspan="2"| Reverse image
!rowspan="2"| Denomination
!rowspan="2"| Dimensions<br>(mm)
!rowspan="2"| Main<br>colors
!colspan="2"| Description
!colspan="2"| Dates
|-
! Obverse
! Reverse
! printing
! withdrawal
|-
|bgcolor="#000000"| 105px
|bgcolor="#000000"| 105px
| <big>1 tiyn</big>
|rowspan="6"| 105×65
| Green
|rowspan="6"| Denomination
|rowspan="6"| Coat of arms, denomination
|rowspan="13"| November 15, 1993
|rowspan="6"| December 30,<br>1995
|-
|bgcolor="#000000"| 105px
|bgcolor="#000000"| 105px
| <big>2 tiyn</big>
| Blue
|-
|bgcolor="#000000"| 105px
|bgcolor="#000000"| 105px
| <big>5 tiyn</big>
| Violet
|-
|bgcolor="#000000"| 105px
|bgcolor="#000000"| 105px
| <big>10 tiyn</big>
| Pink
|-
|bgcolor="#000000"| 105px
|bgcolor="#000000"| 105px
| <big>20 tiyn</big>
| Turquoise
|-
|bgcolor="#000000"| 105px
|bgcolor="#000000"| 105px
| <big>50 tiyn</big>
| Brown
|-
|bgcolor="#000000"| 124px
|bgcolor="#000000"| 124px
| <big>1 tenge</big>
|rowspan="3"| 124×62
| Blue
| Portrait of philosopher and scholar<br>Al-Farabi (872–951)
| Al-Farabi's geometric constructions and formulas
|rowspan="7"| November 15,<br>2006
|-
|bgcolor="#000000"| 124px
|bgcolor="#000000"| 124px
| <big>3 tenge</big>
| Grey-green<br>Lime
| Portrait of akyn<br>Suyunbay Aronuly (1815–1898)
| Trans-Ili Alatau mountains
|-
|bgcolor="#000000"| 124px
|bgcolor="#000000"| 124px
| <big>5 tenge</big>
| Brown<br>Yellow<br>Pink
| Portrait of folk musician<br>Kurmangazy Sagyrbayuly (1818–1889)
| Mausoleum complex
|-
|bgcolor="#000000"| 144px
|bgcolor="#000000"| 144px
| <big>10 tenge</big>
|rowspan="4"| 144×69
| Dark green<br>Green
| Portrait of traveler and scholar<br>Shoqan Walikhanov (1835–1865)
| Ok-Zhetpes mountain
|-
|bgcolor="#000000"| 144px
|bgcolor="#000000"| 144px
| <big>20 tenge</big>
| Dark brown<br>Brown
| Portrait of the founder of Kazakh literature<br>Abai Qunanbaiuly (1845–1904)
| Eagle hunter with a golden eagle
|-
|bgcolor="#000000"| 144px
|bgcolor="#000000"| 144px
| <big>50 tenge</big>
| Light brown<br>Brown
| Portrait of the Khan of the Junior jüz<br>Abul-Khayr Khan (1693–1748)
| Rock art from Mangystau Region
|-
|bgcolor="#000000"| 144px
|bgcolor="#000000"| 144px
| <big>100 tenge</big>
| Violet<br>Pink
| Portrait of the Khan of the Middle jüz<br>Ablai Khan (1711–1781)
| Mausoleum of Khoja Ahmed Yasawi
|-
|colspan="9" align="left"|<small>Image scale is 1.0 pixel per millimeter.</small>
|+
|}
Banknotes of the 1993-2003 series
{|class="wikitable" style="font-size: 90%; text-align: center"
!colspan="10"| NBRK Banknotes (Series II)
|-
!rowspan="2"| Obverse image
!rowspan="2"| Reverse image
!rowspan="2"| Denomination<br>(tenge)
!rowspan="2"| Dimensions<br>(mm)
!rowspan="2"| Main<br>colors
!colspan="2"| Description
!colspan="3"| Dates
|-
! Obverse
! Reverse
! issue
! printing
! withdrawal
|-
|bgcolor="#000000"|144px
|bgcolor="#000000"|144px
|rowspan="3"| <big>200</big>
|rowspan="10"| 144×69
|rowspan="3"| Light orange
|rowspan="13"| Portrait of Al-Farabi
|rowspan="12"| Fragment of the Mausoleum of Khoja Ahmed Yasawi
| March 1,<br>1994
| 1993
| September 1,<br>2001
|-
|bgcolor="#000000"|144px
|bgcolor="#000000"|144px
| September 1,<br>2000
|rowspan="2"| 1999
|rowspan="2"| November 15,<br>2007
|-
|bgcolor="#000000"|144px
|bgcolor="#000000"|144px
| November 15,<br>2002
|-
|bgcolor="#000000"|144px
|bgcolor="#000000"|144px
|rowspan="3"| <big>500</big>
|rowspan="3"| Light violet
| July 27,<br>1994
| 1994
| September 1,<br>2001
|-
|bgcolor="#000000"|144px
|bgcolor="#000000"|144px
| September 1,<br>2000
|rowspan="2"| 1999
|rowspan="2"| November 15,<br>2007
|-
|bgcolor="#000000"|144px
|bgcolor="#000000"|144px
| November 15,<br>2002
|-
|bgcolor="#000000"|144px
|bgcolor="#000000"|144px
|rowspan="2"| <big>1,000</big>
| Bluish<br>green
| February 14,<br>1995
| 1994
| November 1,<br>2002
|-
|bgcolor="#000000"|144px
|bgcolor="#000000"|144px
| Light blue<br>Blue
| November 2,<br>2001
| 2000
| November 15,<br>2007
|-
|bgcolor="#000000"|144px
|bgcolor="#000000"|144px
|rowspan="2"| <big>2,000</big>
| Green<br>Black
| November 15,<br>1996
| 1996
| November 1,<br>2002
|-
|bgcolor="#000000"|144px
|bgcolor="#000000"|144px
| Green<br>Light blue
| November 2,<br>2001
| 2000
|rowspan="4"| November 15,<br>2007
|-
|bgcolor="#000000"|149px
|bgcolor="#000000"|149px
|rowspan="2"| <big>5,000</big>
|rowspan="3"| 149×74
| Red<br>Brown
| November 15,<br>1999
| 1998
|-
|bgcolor="#000000"| 149px
|bgcolor="#000000"| 149px
| Brown<br>Violet
| December 16,<br>2001
| 2001
|-
|bgcolor="#000000"| 149px
|bgcolor="#000000"| 149px
| <big>10,000</big>
| Light blue<br>Blue
| Snow leopard with mountains in the background
| July 28,<br>2003
| 2003
|-
|colspan="10" align="left"|<small>Image scale is 1.0 pixel per millimeter.</small>
|}
In 2016, the 10,000 tenge banknote was recognized as the most beautiful banknote in the world by The Telegraph newspaper.
2006 series
thumb|Some ₸2,000 notes spelled the word (bank) incorrectly as .
The National Bank of Kazakhstan issued a new series of tenge banknotes in 2006. This was not a currency reform as they replaced existing notes at face value.
The 2006 series is far more exotic than its predecessors. The obverse is vertical and the denomination is written in Kazakh. All denominations depict the Bayterek monument, the flag of Kazakhstan, the Coat of arms, the handprint with a signature of president Nursultan Nazarbayev and fragments of the national anthem. The main differences across each denomination are only the colours, denominations and underprint patterns.
On the contrast, the reverse side of the notes are more different. The denomination is written in Russian, and each denomination shows a unique building and geography of Kazakhstan in the outline of its borders.
The first printing of the ₸2,000 and ₸5,000 notes issued in 2006 had misspellings of the word for "bank" (the correct spelling "" bankı was misspelled "*" banqı). The misspelling was a politically sensitive issue due to the cultural and political importance of the Kazakh language.
On 3 October 2016, the ₸2,000, ₸5,000 and ₸10,000 banknotes of the 2006 series lost their legal tender status and are no longer valid. From 4 October 2016 to 3 October 2017, these notes could be exchanged without commission at any second tier bank and branches of the National Bank of Kazakhstan.
{|class="wikitable" style="font-size: 90%"
!colspan=7| 2006 Series
|-
!colspan=2| Image !!rowspan=2| Value !!rowspan=2| Main Colour !!colspan=2| Description !!rowspan=2| Date of issue
|-
! Obverse !! Reverse !! Obverse !! Reverse
|-
|align="center" bgcolor="#000000"| 110px
|align="center" bgcolor="#000000"| 110px
| ₸200
| orange
|rowspan=6| Astana Bayterek monument, Kazakhstan flag, Kazakhstan coat of arms, handprint with a signature of Kazakh President Nursultan Nazarbayev, fragments of the national anthem, value in numerals and Kazakh words, issuing bank in Kazakh, inscription in Kazakh stating that counterfeiting banknotes is against the law
| Transport and Communication Ministry and a winged snow leopard on the bridge over River Ishim, outline map of Kazakhstan with Ministry of Defense and the steppes in the background, value in Russian, name of issuing in Kazakh, logo of issuing bank, inscription in Russian stating that counterfeiting banknotes is against the law
|rowspan=6| 2006–2016 The designs for this series feature the "Kazakh Eli" monument on the front of the notes. On 1 December 2015, a new ₸20,000 banknote was introduced. It contains the issue date of 2013, and is a commemorative note to celebrate the 20th anniversary of the introduction of its national currency, but was not issued until 2015. In 2017, the National Bank of Kazakhstan issued a ₸500 banknote as part of this series, but has caused controversy over an image of a gull on the reverse side of the note and the image of the Moscow business center in Kazakhstan's capital of Astana.
{|class="wikitable" style="font-size: 90%; text-align: center" width="100%"
! colspan="10" | NBRK Banknotes (Series IV)
|-
!rowspan="2"| Obverse image
!rowspan="2"| Reverse image
!rowspan="2"| Denomination<br>(tenge)
!rowspan="2"| Dimensions<br>(mm)
!rowspan="2"| Main<br>colors
!colspan="2"| Description
! colspan="3" | Dates
|-
! Obverse
! Reverse
! issue
! printing
! withdrawal
|-
|bgcolor="#000000"| 130px
|bgcolor="#000000"| 130px
| <big>500</big>
| 130х67
| Blue
| Kazak Eli monument; flying doves; national coat of arms and flag of Kazakhstan; buildings: Astana Arena, Moscow BC, Independence Palace, Senate of the Parliament of Kazakhstan, Khan Shatyr
| Outline map of Kazakhstan with gulls against the background of the Caspian Sea
| November 22,<br>2017
| 2017
| December 27, 2027
|-
|bgcolor="#000000"| 134px
|bgcolor="#000000"| 134px
|rowspan="2"| <big>1,000</big>
|rowspan="2"| 134х70
|rowspan="2"| Brown
|rowspan="2"| Kazak Eli monument; flying doves; national coat of arms and flag of Kazakhstan
|rowspan="2"| Outline map of Kazakhstan with the Ustyurt Plateau
| December 1,<br>2014
| 2014
|rowspan="2"| In circulation until March 27, 2027
|-
|bgcolor="#000000"| 134px
|bgcolor="#000000"| 134px
|colspan="2"| After January 28, 2016
|-
|bgcolor="#000000"| 139px
|bgcolor="#000000"| 139px
|rowspan="2"| <big>2,000</big>
|rowspan="2"| 139х73
|rowspan="2"| Green
|rowspan="2"| Kazak Eli monument and Khan Shatyr; flying doves and a saiga antelope; national coat of arms and flag of Kazakhstan, Palace of Peace and Reconciliation, Ak Orda
|rowspan="2"| Outline map of Kazakhstan with the Irtysh River
| March 29,<br>2013
| 2012
|rowspan="2"| In circulation until June 24, 2026
|-
|bgcolor="#000000"| 139px
|bgcolor="#000000"| 139px
|colspan="2"| After January 28, 2016
|-
|bgcolor="#000000"| 144px
|bgcolor="#000000"| 144px
|rowspan="2"| <big>5,000</big>
|rowspan="2"| 144×76
|rowspan="2"| Red
|rowspan="2"| Kazak Eli monument; flying doves and snow leopards; national coat of arms and flag of Kazakhstan, Independence Palace, Palace of Peace and Reconciliation, Ak Orda
|rowspan="2"| Independence Monument and Hotel Kazakhstan in Almaty; outline map of Kazakhstan with the Trans-Ili Alatau mountains
| December 30,<br>2011
| 2011
|rowspan="2"| September 25, 2025
|-
|bgcolor="#000000"| 144px
|bgcolor="#000000"| 144px
|colspan="2"| After January 28, 2016
|-
|bgcolor="#000000"| 149px
|bgcolor="#000000"| 149px
|rowspan="2"| <big>10,000</big>
|rowspan="2"| 149×79
|rowspan="2"| Blue<br>violet
|rowspan="2"| Kazak Eli monument; flying doves; national coat of arms and flag of Kazakhstan, Independence Palace, Palace of Peace and Reconciliation, Ak Orda
|rowspan="2"| Ak Orda in Astana; outline map of Kazakhstan
| April 10,<br>2012
| 2012
|rowspan="2"| In circulation until June 27, 2026
|-
|bgcolor="#000000"| 149px
|bgcolor="#000000"| 149px
|colspan="2"| After January 28, 2016
|-
|bgcolor="#000000"| 149px
|bgcolor="#000000"| 149px
|<big>20,000</big>
|155×79
|Grey
|Kazak Eli monument; flying doves and a triumphal arch
|Panoramic view of Astana and Ak Orda, stylized soaring golden eagle
| October 1, 2022
| 2022
| In circulation
|-
|}
2023-2025 series
The National Bank of Kazakhstan announced a new series of banknotes set for issue from 2023 to 2025. Named "Saka", the series will introduce notes issued in a reduced size, drop the Russian language, and incorporate many new security features for all six denominations. Banknotes of the previous series will cease to be legal tender after the release of each denomination, and will be redeemable at banks and post offices for up to three years. The National Bank of Kazakhstan will redeem all previous issues without limit.
{|class="wikitable" style="font-size: 90%; text-align: center" width="100%"
!colspan="9"| NBRK Banknotes (Series V)
|-
!rowspan="2"| Obverse image
!rowspan="2"| Reverse image
!rowspan="2"| Denomination<br>(tenge)
!rowspan="2"| Dimensions<br>(mm) 44
!rowspan="2"| Main colors
!colspan="2"| Description
!colspan="2"| Dates
|-
!Obverse
!Reverse
!Issue
!Printing
|-
|bgcolor="#000000"| 125px
|bgcolor="#000000"| 125px
| <big>500</big>
| 125×70
| Blue
| "Tree of Life" branch with a soaring bird, DNA helix and an infinity symbol stylized as an ornament, ornament in the shape of an argali figure
| Argali
| December 25, 2025
| 2025
|-
|bgcolor="#000000"| 130px
|bgcolor="#000000"| 130px
| <big>1,000</big>
| 130×70
| Brown
| "Tree of Life" branch with a soaring bird, DNA helix and an infinity symbol stylized as an ornament, ornament in the shape of a dog figure
| Alabay and Tazy
| March 28, 2025
| 2024
|-
|bgcolor="#000000"| 135px
|bgcolor="#000000"| 135px
| <big>2,000</big>
| 135×70
| Green
| "Tree of Life" branch with a soaring bird, DNA helix and an infinity symbol stylized as an ornament, ornament in the shape of a saiga figure
| Saiga
| December 25, 2024
| 2024
|-
|bgcolor="#000000"| 140px
|bgcolor="#000000"| 140px
| <big>5,000</big>
| 140×70
| Red-orange
| "Tree of Life" branch with a soaring bird, DNA helix and an infinity symbol stylized as an ornament, ornament in the shape of a golden eagle figure
| Golden eagle
| December 25, 2023
| 2023
|-
|bgcolor="#000000"| 145px
|bgcolor="#000000"| 145px
| <big>10,000</big>
| 145×70
| Violet
| "Tree of Life" branch with a soaring bird, DNA helix and an infinity symbol stylized as an ornament, ornament in the shape of a snow leopard figure
| Snow leopard
| June 28, 2024
| 2023
|-
|bgcolor="#000000"| 150px
|bgcolor="#000000"| 150px
| <big>20,000</big>
| 150×70
| Blue-yellow
| "Tree of Life" branch with a soaring bird, DNA helix and an infinity symbol stylized as an ornament, ornament in the shape of a horse figure
| Horse
| Planned for 2026
| 2025
|}
Commemorative banknotes
Since 2008, a number of commemorative designs have been issued, including notes celebrating the 2011 Asian Winter Games hosted in Astana. Commemoratives can typically be found in these denominations: ₸1,000, ₸2,000, ₸5,000, and ₸10,000.
Digital tenge
The National Bank of Kazakhstan publicly released plans to develop a national digital currency.
Commemorative banknotes
{|class="wikitable" style="font-size: 90%; text-align: center" width="100%"
!colspan="2"| Image
!rowspan="2"| Denomination<br>(tenge)
!rowspan="2"| Dimensions<br>(mm)
!rowspan="2"| Main<br>colors
!colspan="2"| Description
!colspan="3"| Dates
|-
! Obverse
! Reverse
! Obverse
! Reverse
! issue
! printing
! withdrawal
|-
|bgcolor="#000000"| 134px
|bgcolor="#000000"| 134px
|rowspan="4"| <big>1,000</big>
|rowspan="3"| 134×70
| Turquoise<br>green
| Coat of arms of Kazakhstan; national ornaments and flying birds; Bayterek monument in Astana
| Ak Orda, official residence of the President of Kazakhstan in Astana; national ornaments; image of a bird
| January 5,<br>2010
| 2010
|rowspan="5"|
|-
|bgcolor="#000000"| 70px
|bgcolor="#000000"| 134px
| Green<br>blue
| Dome of the Mausoleum of Khoja Ahmed Yasawi; national coat of arms and flag of Kazakhstan
| Mausoleum of Khoja Ahmed Yasawi
| May 25,<br>2011
| 2011
|-
|bgcolor="#000000"| 70px
|bgcolor="#000000"| 134px
| Yellow<br>brown
| Kazak Eli monument and fragment of the Kul Tigin sculpture; flying doves; national coat of arms and flag of Kazakhstan
| Petroglyphs of Turkic warriors; monument of Turkic writing
| <br>2013
| 2013
|-
|bgcolor="#000000"| 130px
|bgcolor="#000000"| 130px
| 130×70
| Brown-beige
| Memorial of Glory in Almaty; national ornaments and silhouettes of flying cranes; national coat of arms and flag of Kazakhstan
| Map of Kazakhstan composed of historical archive photos; Order of the Patriotic War; text and logo of the 80th anniversary of Great Victory in the Great Patriotic War
| May 8, 2025
| 2025
|-
|bgcolor="#000000"| 73px
|bgcolor="#000000"| 139px
| <big>2,000</big>
| 139×73
| Green
| Bayterek monument; musical notes of the national anthem, flag and coat of arms of Kazakhstan; open palm; petroglyph
| Ski jumper against a mountain backdrop and symbols of the 7th Winter Asian Games
| January 17,<br>2011
| 2011
|-
|bgcolor="#000000"| 149px
|bgcolor="#000000"| 149px
|rowspan="2"| <big>5,000</big>
| 149×77
| Red
| Portrait of Al-Farabi; overprint reading "10 Years of Independence of the Republic of Kazakhstan"
| Fragment of the Mausoleum of Khoja Ahmed Yasawi
| December 16,<br>2001
| 2001
| November 15,<br>2007
|-
|bgcolor="#000000"| 76px
|bgcolor="#000000"| 144px
| 144×76
| Brown<br>red
| Bayterek monument; musical notes of the national anthem, flag and coat of arms of Kazakhstan; open palm; petroglyph
| Independence Monument and Hotel Kazakhstan in Almaty; outline map of Kazakhstan with mountains
| July 8, 2008
| 2008
|rowspan="6"| In circulation
|-
|bgcolor="#000000"| 79px
|bgcolor="#000000"| 149px
|rowspan="3"| <big>10,000</big>
|rowspan="2"| 149×79
|rowspan="2"| Blue<br>violet
| Kazak Eli monument; flying doves; national coat of arms and flag of Kazakhstan
| Ak Orda in Astana; outline map of Kazakhstan; text and logo of the 20th anniversary of independence
| July 4, 2011
| 2011
|-
|bgcolor="#000000"| 149px
|bgcolor="#000000"| 149px
| Kazak Eli monument; fragment of the headwear of the Issyk Golden Man; Trans-Ili Alatau mountains
| Portrait of Nursultan Nazarbayev; buildings of Astana; Bayterek monument
| December 1,<br>2016
| 2016
|-
|bgcolor="#000000"| 149px
|bgcolor="#000000"| 149px
| 145×70
| Pink, blue
| Map of Kazakhstan with regions, decorated in traditional style with elements of Kazakh ornament
| General outline of the map of the Eurasian continent
| November 15,<br>2023
| 2023
|-
|bgcolor="#000000"| 79px
|bgcolor="#000000"| 155px
|rowspan="2"| <big>20,000</big>
|rowspan="2"| 155×79
| Grey<br>violet
| Kazak Eli monument; flying doves and a triumphal arch; national coat of arms and flag of Kazakhstan
| Ak Orda in Astana; Parliament and Government buildings; outline map of Kazakhstan; text and logo of the 20th anniversary of the tenge
| December 1,<br>2015
| 2013
|-
|bgcolor="#000000"| 155px
|bgcolor="#000000"| 155px
| Grey
| Kazak Eli monument; flying doves and a triumphal arch; national coat of arms and flag of Kazakhstan; "QAZAQSTAN ULTTYQ BANKI" logo
| Portrait of Nursultan Nazarbayev; Ak Orda and other buildings in Astana; outline map of Kazakhstan; text and logo of the 30th anniversary of independence
| December 1,<br>2021
| 2021
|-
|colspan="10" align="left"|<small>Image scale is 1.0 pixel per millimeter.</small>
|}
Exchange rates and inflation
On 2 September 2013, the National Bank of Kazakhstan moved the tenge from a managed float and pegged it to the US dollar and the Russian ruble.
On 11 February 2014, the Kazakh National Bank chose to devalue the tenge by 19% against the U.S. dollar in response to a weakening of the Russian ruble.
On 20 August 2015, the Kazakhstan National Bank did away with the currency band with respect to conversion rate of tenge. Now, the tenge is a free-floating currency and its exchange rate against the major currencies are determined by demand and supply in the market. Due to this change, the tenge lost 30% of its value in a single day.
{|class="wikitable collapsible autocollapse" style="font-size: 90%"
|+ Historical average exchange rates
|-
|
! scope="col" style="text-align: right;" | USD
! scope="col" style="text-align: right;" | EUR
! scope="col" style="text-align: right;" | RUB
|-
! scope="row" | 1999
| style="text-align: right;" | 119.52
| style="text-align: right;" | 130.00
| style="text-align: right;" | 4.82
|-
! scope="row" | 2000
| style="text-align: right;" | 142.13
| style="text-align: right;" | 134.40
| style="text-align: right;" | 5.05
|-
! scope="row" | 2001
| style="text-align: right;" | 146.74
| style="text-align: right;" | 132.40
| style="text-align: right;" | 5.04
|-
! scope="row" | 2002
| style="text-align: right;" | 153.28
| style="text-align: right;" | 144.68
| style="text-align: right;" | 4.89
|-
! scope="row" | 2003
| style="text-align: right;" | n/a
| style="text-align: right;" | 168.79
| style="text-align: right;" | 4.87
|-
! scope="row" | 2004
| style="text-align: right;" | 136.04
| style="text-align: right;" | 169.04
| style="text-align: right;" | 4.72
|-
! scope="row" | 2005
| style="text-align: right;" | 132.88
| style="text-align: right;" | 165.42
| style="text-align: right;" | 4.70
|-
! scope="row" | 2006
| style="text-align: right;" | 126.09
| style="text-align: right;" | 158.27
| style="text-align: right;" | 4.64
|-
! scope="row" | 2007
| style="text-align: right;" | 122.55
| style="text-align: right;" | 167.75
| style="text-align: right;" | 4.79
|-
! scope="row" | 2008
| style="text-align: right;" | 120.30
| style="text-align: right;" | 177.04
| style="text-align: right;" | 4.86
|-
! scope="row" | 2009
| style="text-align: right;" | 147.50
| style="text-align: right;" | 205.67
| style="text-align: right;" | 4.66
|-
! scope="row" | 2010
| style="text-align: right;" | 147.35
| style="text-align: right;" | 195.67
| style="text-align: right;" | 4.85
|-
! scope="row" | 2011
| style="text-align: right;" | 146.62
| style="text-align: right;" | 204.11
| style="text-align: right;" | 5.00
|-
! scope="row" | 2012 (Jan)
| style="text-align: right;" | 148.38
| style="text-align: right;" | 191.27
| style="text-align: right;" | 4.73
|-
! scope="row" | 2014–4–14
| style="text-align: right;" | 182.02
| style="text-align: right;" | 252.72
| style="text-align: right;" | 5.11
|-
!2016-9-30
|335.64
|377.42
|5.33
|}
{|class="wikitable collapsible autocollapse" style="font-size: 90%"
|-
|
! scope="col" style="text-align: right;" | Annual inflation rate,%
|-
! scope="row" | 1994
| style="text-align: right;" | 1160.262
|-
! scope="row" | 1995
| style="text-align: right;" | 60.388
|-
! scope="row" | 1996
| style="text-align: right;" | 28.763
|-
! scope="row" | 1997
| style="text-align: right;" | 11.321
|-
! scope="row" | 1998
| style="text-align: right;" | 1.880
|-
! scope="row" | 1999
| style="text-align: right;" | 18.095
|-
! scope="row" | 2000
| style="text-align: right;" | 10.001
|-
! scope="row" | 2001
| style="text-align: right;" | 6.582
|-
! scope="row" | 2002
| style="text-align: right;" | 6.686
|-
! scope="row" | 2003
| style="text-align: right;" | 7.001
|-
! scope="row" | 2004
| style="text-align: right;" | 7.011
|-
! scope="row" | 2005
| style="text-align: right;" | 7.868
|-
! scope="row" | 2006
| style="text-align: right;" | 8.400
|-
! scope="row" | 2007
| style="text-align: right;" | 18.772
|-
! scope="row" | 2008
| style="text-align: right;" | 9.484
|-
! scope="row" | 2009
| style="text-align: right;" | 6.377
|-
! scope="row" | 2010
| style="text-align: right;" | 7.969
|-
! scope="row" | 2011
| style="text-align: right;" | 7.429
|-
! scope="row" | 2012
| style="text-align: right;" | 6.0
|-
! scope="row" | 2013
| style="text-align: right;" | 5.83
|-
! scope="row" | 2014
| style="text-align: right;" | 6.72
|-
! scope="row" | 2015
| style="text-align: right;" | 6.65
|-
! scope="row" | 2016
| style="text-align: right;" | 14.56
|-
! scope="row" | 2017
| style="text-align: right;" | 7.43
|-
! scope="row" | 2018
| style="text-align: right;" | 6.03
|}
See also
- Economy of Kazakhstan
References
External links
- Currency exchange rates in Kazakhstan
- News from the National Bank of Kazakhstan
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- Updates on new banknotes and coins from Kazakhstan ==> Error: Server not found
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- The banknotes of Kazakhstan
- Coins of Kazakhstan
- Banknotes of Kazakhstan
- Catalog of the coins of Kazakhstan at Numista
- Kazakhstan Tenge: detailed catalog of banknotes
