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{{Short description|Currency of Kazakhstan}}{{redirect|₸|the symbol used in Japan|Japanese postal mark}}{{redirect|Tenge|other uses}}

factoids

KazakhstanWEBSITE=NATIONALBANK.KZACCESS-DATE=2024-02-07, | inflation_source_date = Basic Macroeconomic Indicators on the homepage1|100}}| subunit_name_1 = tiyn (тиын)| symbol = ₸| no_plural = Y| rarely_used_coins = ₸1, ₸2| frequently_used_coins = ₸5, ₸10, ₸20, ₸50, ₸100, ₸200| frequently_used_banknotes = ₸200, ₸500, ₸1,000, ₸2,000, ₸5,000, ₸10,000, ₸20,000| issuing_authority = National Bank of Kazakhstan| printer = Banknote Factory of the National Bank of Kazakhstanweblink}}}}The tenge ({{IPAc-en|ˈ|t|ɛ|ŋ|ɡ|eɪ}}WEB,weblinkweblink dead, February 28, 2021, tenge in Lexico, Lexico, 8 August 2022, or {{IPAc-en|t|ɛ|ŋ|ˈ|ɡ|eɪ}};WEB,weblink tenge in Collins Dictionary, Collins Dictionary, 8 August 2022, , {{IPA-kk|ˌtʲeŋˈɡʲe}}; ; sign: ₸ ; code: KZT) is the currency of Kazakhstan. It is divided into 100 tiyn (, also transliterated as {{Transliteration|kk|tiyin}}).

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.WEB, Odling-Smee, J. ao, The IMF and the ruble area, 1991-93, 2001,weblink 2014-12-16, 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. Maintaining a common currency requires a strong political consensus in respect to monetary and fiscal targets, a common institution in charge of implementing these targets, and some minimum of common legislation (concerning the banking and foreign-exchange regulations).{{citation needed|date=November 2020}} These conditions were far from being met amidst the turbulent economic and political situation.During the first half of 1992, there existed a monetary union where 15 independent states all used the ruble. Since it was clear that the situation would not last, each of them was using its position as "free-riders" to issue huge amounts of money in the form of credit.WEB, DÄ…browski, M, The reasons for the collapse of the Ruble zone, 1995,weblink 2014-12-16, 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". On November 12, 1993, the President of Kazakhstan issued a decree "On introducing national currency of Republic of Kazakhstan". The tenge was introduced on 15 November 1993 to replace Soviet currency at a rate of ₸ 1 = Rbls 500. In 1991 a "special group" of designers was set up: Mendybay Alin, Timur Suleymenov, Asimsaly Duzelkhanov and Khayrulla Gabzhalilov. Thus November 15 is celebrated as the "Day of National Currency of Republic of Kazakhstan". In 1995 a tenge-printing factory opened in Kazakhstan. The first consignment of tenge banknotes were printed in the United Kingdom and the first coins were struck in Germany. In February 2019, Kazakh President Nursultan Nazarbayev signed a bill into law that will remove all Russian captions from future tenge banknotes and coins.WEB,weblink С казахстанских тенге исчезнут надписи на русском языке, 2019-02-22, Interfax.ru, ru, 2019-02-22,

Etymology

The word tenge in Kazakh and in most other Turkic languages means a set of scales (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.WEB,weblink деньги — Викисловарь, ru.wiktionary.org, 2021-02-05,

Symbol

{{Not to be confused with|〒|text=〒, the Japanese postal mark}}(File:Kazakhstani tenge symbol.svg|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.WEB,weblink World Bank Editorial Style Guide 2020 - page 136, openknowledge.worldbank.org, 2022-08-01, 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 March 20, 2007, two days before the Nauryz holiday, the National Bank of Kazakhstan approved a graphical symbol for the tenge: ₸. On March 29, 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.WEB,weblink Узнавайте тенге в "лицо"! | www.izvestia.kz, 2012-05-03,weblink" title="archive.today/20130218210821weblink">weblink 2013-02-18, dead, The character was included in Unicode 5.2.0 (August 2009) at code point U+20B8.WEB, Unicode 5.2.0 (August 2009),weblink FileFormat.info, 2015-09-21,weblink" title="web.archive.org/web/20150910085922weblink">weblink 2015-09-10, August 2009,

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 February 7, 2001 and lost their effect as legal currency as of December 31, 2012.Указ Президента Республики Казахстан от 7 февраля 2001 года â„– 549 «О некоторых вопросах функционирования национальной валюты Республики Казахстан».WEB,weblink base.spinform.ru, Указ Президента Республики Казахстан от 9 ноября 2011 года â„– 170, 2021-02-05, {| 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! withdrawal120px)| 2 tiyinBrass17.27 mm2.26 g1.3 mmSmooth1 March 1994199331 December 2012120px)| 5 tiyin120px)| 10 tiyin| 19.56 mm| 3.48 g| 1.6 mm120px)| 20 tiyin| 21.87 mm| 4.71 g| 1.7 mm120px)| 50 tiyin| 25 mm| 7.43 g| 2 mm120px)| T 1Alloy of "nickel silver"| 17.27 mm| 2.26 g| 1.3 mmSmooth25 October 19951 October 2001120px)| T 3| 19.56 mm| 3.48 g| 1.6 mm120px)| T 5| 21.87 mm| 4.71 g| 1.7 mm120px)| T 10| 25 mm| 7.43 g2 mm120px)| T 20| 31 mm| 11.37 g| Grooved

Second series (1998)

(File:Tenge coins.jpg|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)WEB, Решения (IR.KZ), Интернет, Қазақстан Ұлттық Банкі,weblink 2023-05-10, www.nationalbank.kz, kk, ! 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 {{Coin-yellow-color}} (file:1tenge 1997.png|120px)| ₸1| 15 mm| 1.63 g| 1.3 mmAlloy of "nickel silver", yellow color(since 2013 - carbon steel, galvanic coating yellow metal)PlainValueYear, Emblem of Kazakhstan|1997~2018|11 November 1998Current {{Coin-yellow-color}} (file:2tenge 2005.png|120px)| ₸2| 16 mm| 1.84 g| 1.3 mm|2005,2006|23 February 2005 {{Coin-yellow-color}} (file:5tenge 1997.png|120px)| ₸5| 17.27 mm| 2.18 g| 1.3 mm1997~201811 November 1998 {{Coin-yellow-color}} (file:10tenge 1997.png|120px)| ₸10| 19.56 mm| 2.81 g| 1.3 mm {{Coin-silver-color}} (file:20tenge 1997.png|120px)| ₸20| 18.27 mm| 2.9 g| 1.6 mmAlloy of "nickel silver", white color (since 2013 - carbon steel and galvanic nickel)GroovedValueYear, Emblem of Kazakhstan1997~201811 November 1998Current {{Coin-silver-color}} (file:50tenge 1997.png|120px)| ₸50| 23 mm| 4.7 g| 1.6 mm {{Coin-silver-color}} (file:100tenge 2002.png|120px)| ₸100| 24.5 mm| 6.65 g| 1.95 mm| Inner disk: alloy of "nickel silver", white colorOuter disk: alloy of "nibrass", yellow color.| Grooved with the note - «СТО ТЕНГЕ - ЖYЗ ТЕҢГЕ» (one hundred tenge)| 2002~2007| 1 July 2002{{Standard coin table noticeBrE=Y}}

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 March 20, 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.weblink {{Webarchive|url=https://web.archive.org/web/20220809050101weblink|date=2022-08-09}} Қазақстан Ұлттық Банкі. Retrieved on 2021-08-28.{| class="wikitable collapsible autocollapse" style="font-size: 90%"!colspan="13"|Third series coins of the Kazakh tenge (2019–present)WEB, Решения (IR.KZ), Интернет, Национальный Банк Казахстана,weblink 2023-05-10, nationalbank.kz, ru, ! 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 {{Coin-yellow-color}} (file:1-TEŃGE.jpg1 tenge)| ₸1| 15 mm| 1.63 g| 1.3 mmCarbon steel, galvanic coating yellow metalPlainValueYear, Emblem of Kazakhstan2019~present26 April 2019Current {{Coin-yellow-color}} (file:2-TEŃGE.jpg2 tenge)| ₸2| 16 mm| 1.84 g| 1.3 mm {{Coin-yellow-color}} (file:5-TEŃGE.jpg5 tenge)| ₸5| 17.27 mm| 2.18 g| 1.3 mm {{Coin-yellow-color}} (file:10-TEŃGE.png10 tenge)| ₸10| 19.56 mm| 2.81 g| 1.3 mm {{Coin-silver-color}} (file:20-TEŃGE.jpg20 tenge)| ₸20| 18.27 mm| 2.9 g| 1.6 mmCarbon steel and galvanic nickelGroovedValueYear, Emblem of Kazakhstan2019~present26 April 2019Current {{Coin-silver-color}} (file:50-TEŃGE.png50 tenge)| ₸50| 23 mm| 4.7 g| 1.6 mm {{Coin-silver-color}} (file:100-TEŃGE.jpg100 tenge)| ₸100| 24.5 mm| 6.65 g| 1.95 mm| Inner disk: alloy of "nickel silver", white colorOuter disk: alloy of "nibrass", yellow color.| Grooved with the note - «JÚZ TEŃGE» (one hundred tenge) {{Coin-silver-color}} (file:200 tenge (avers).jpg200 tenge)(file:200 tenge (reverse).jpg200 tenge)| ₸200| 26 mm| 7.5 g| 1.9 mm|Aluminium-brass center in copper-nickel ring|Sixteen indentations ('Spanish flower') with alterned plain and reeded sections|2020~present|28 January 2020{{Standard coin table noticeBrE=Y}}

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.File:TengeLogo.JPG|left|thumb|175px|New symbol of tenge (₸) used on info-board of a currency exchange office in AlmatyAlmaty

Banknotes

(File:KazakhstanP20-200Tenge-1999-donatedoy f.jpg|thumb|right|200px|200 tenge (old design))

1993 series

On 15 November 1993, the National Bank of Kazakhstan issued notes in denominations of 1, 2, 5, 10, 20, and 50 tiyn, T 1, T 3, T 5, T 10, T 20, and T 50; T 100 notes followed shortly thereafter. These were followed in 1994 by T 200, T 500, and T 1,000 notes. T 2,000 notes were introduced in 1996, with T 5,000 in 1999 and T 10,000 on 28 July 2003.BOOK, Linzmayer, Owen, The Banknote Book, Kazakhstan, www.BanknoteNews.com, 2012, San Francisco, CA,weblink Notes currently in circulation are:

• ₸200 - portrait of Al-Farabi
• ₸500 - portrait of Al-Farabi, fragment of Khodzha Akhmet Yassaui mausoleum
• ₸1,000 - portrait of Al-Farabi
• ₸2,000 - portrait of Al-Farabi
• ₸5,000 - portrait of Al-Farabi
• ₸10,000 - portrait of Al-Farabi, image of snow leopard.

{{Clear}}{|class="wikitable" style="font-size: 90%"!colspan=9| 1993 Series!colspan=2| Image !!rowspan=2| Value !!colspan=2| Main Colour !!colspan=2| Description !!colspan=2| Date! Obverse !! Reverse !! Obverse !! Reverse !! Obverse !! Reverse !! issue !! annul (File:Kazakhstan-1993-Bill-0.01-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-0.01-Reverse.jpg|100px)|1 tiyn|green|green value in numeral and Kazakh, unique geometric design background value in numeral and Kazakh, Kazakhstan coat of arms, unique geometric design background 1993 2001 (File:Kazakhstan-1993-Bill-0.02-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-0.02-Reverse.jpg|100px)|2 tiyn|light blue|light blue (File:Kazakhstan-1993-Bill-0.05-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-0.05-Reverse.jpg|100px)|5 tiyn|pink|pink (File:Kazakhstan-1993-Bill-0.10-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-0.10-Reverse.jpg|100px)|10 tiyn|red|red (File:Kazakhstan-1993-Bill-0.20-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-0.20-Reverse.jpg|100px)|20 tiyn|blue, grey|blue (File:Kazakhstan-1993-Bill-0.50-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-0.50-Reverse.jpg|100px)|50 tiyn|brown, yellow|brown (File:Kazakhstan-1993-Bill-1-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-1-Reverse.jpg|100px)|T 1|blue|light blue|Portrait of Al-Farabi|Geometrical constructions and formulations of Al-Farabi 2012–2018 (File:Kazakhstan-1993-Bill-3-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-3-Reverse.jpg|100px)|T 3|green|bluish green|Portrait of Suinbai Aronuly|Alatau landscape (File:Kazakhstan-1993-Bill-5-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-5-Reverse.jpg|100px)|T 5|brown|yellow, orangeKurmangazy Sagyrbayuly>Kurmangazy|Kurmangazy mausoleum (File:Kazakhstan-1993-Bill-10-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-10-Reverse.jpg|100px)|T 10|green|light greenShokan Walikhanuli>Chokan Ualihanov|Ok Zhetpes mountain (File:Kazakhstan-1993-Bill-20-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-20-Reverse.jpg|100px)|T 20|brown|light brownAbay Qunanbayuli>Abay Kunanbaev|Illustration of golden eagle with the man, drawn from works of Abay Kunanbaev (File:Kazakhstan-1993-Bill-50-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-50-Reverse.jpg|100px)|T 50|reddish|light redAbul Khair Khan>Abulhair KhanMangystau Province>Mangistau (File:Kazakhstan-1993-Bill-100-Obverse.jpg|100px) (File:Kazakhstan-1993-Bill-100-Reverse.jpg|100px)|T 100|violet|pinkAblai Khan>Ablay Khan|Hodja Ahmed Yassavi mausoleum (File:KazakhstanP20-200Tenge-1999-donatedoy f.jpg|100px) (File:KazakhstanP20-200Tenge-1999-donatedoy b.jpg|100px)|T 200|brown, red|yellow, blue|Portrait of Al-Farabi|Hodja Ahmed Yassavi mausoleum1994 (File:KazakhstanP21-500Tenge-1999-donatedoy f.jpg|100px) (File:KazakhstanP21-500Tenge-1999-donatedoy b.jpg|100px)|T 500|dark blue, blue|blue, violet|Portrait of Al-Farabi|Hodja Ahmed Yassavi mausoleum (File:KazakhstanPnew-1000Tenge-2000(2001)-donatedoy f.jpg|100px) (File:KazakhstanPnew-1000Tenge-2000(2001)-donatedoy b.jpg|100px)|T 1,000|green, red|green, blue, red|Portrait of Al-Farabi|Hodja Ahmed Yassavi mausoleum (File:KazakhstanPnew-2000Tenge-2000(2001)-donatedoy f.jpg|100px) (File:KazakhstanPnew-2000Tenge-2000(2001)-donatedoy b.jpg|100px)|T 2,000|green, blue|green, brown|Portrait of Al-Farabi|Hodja Ahmed Yassavi mausoleum|1996 (File:KazakhstanP24-5000Tenge-2001-donatedoy f.jpg|100px) (File:KazakhstanP24-5000Tenge-2001-donatedoy b.jpg|100px)|T 5,000|brown, violet|brown|Portrait of Al-Farabi|Hodja Ahmed Yassavi mausoleum|1998 (File:KazakhstanPnew-10000Tenge-2003-donatedoy f.jpg|100px) (File:KazakhstanPnew-10000Tenge-2003-donatedoy b.jpg|100px)|T 10,000|blue|blue, brown|Portrait of Al-Farabi|Snow leopard against a background of mountains|2003

2006 series

(File:Kz 2000 tenge error.jpg|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.WEB,weblink Kazakh central bank misspells 'bank' on money, NBC News, 18 October 2006, 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.WEB,weblink Tenge Banknotes Of 2006 Withdrawn In Kazakhstan, kazworld.info, {{Clear}}{|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 (File:200 tenge (2006).jpg|110px) (File:200 tenge (2006) r.jpg|110px)| ₸200| orange Astana Bayterek monument, Flag of Kazakhstan, Emblem of Kazakhstan>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 2006–2016 (File:500 tenge (2006).jpg|110px) (File:500 tenge (2006) r.jpg|110px)| ₸500| blue| Ministry of Finance and Akimat (City Hall) of Astana, outline map of Kazakhstan with gulls over the sea in background, value in Russian, name of issuing in Kazakh, logo of issuing bank, inscription in Russian stating that counterfeiting banknotes is against the law (File:1000 tenge (2006).jpg|110px) (File:KazakhstanPNew-1000Tenge-2006-donatedTA b.jpg|110px)| ₸1,000| brown| President Culture Center, outline map of Kazakhstan with mountains in background, value in Russian, name of issuing in Kazakh, logo of issuing bank, inscription in Russian stating that counterfeiting banknotes is against the law (File:2000 tenge (2006).jpg|110px) (File:KazakhstanPNew-2000Tenge-2006-donatedTA b.jpg|110px)| ₸2,000| green| Abai Opera House, outline map of Kazakhstan with mountain lake in background, value in Russian, name of issuing in Kazakh, logo of issuing bank, inscription in Russian stating that counterfeiting banknotes is against the law (File:5000 tenge (2006).jpg|110px) (File:KazakhstanPNew-5000Tenge-2006-donatedTA b.jpg|110px)| ₸5,000| red| Independence Monument and the Kazakhstan Hotel, outline map of Kazakhstan with mountains in background, value in Russian, name of issuing in Kazakh, logo of issuing bank, inscription in Russian stating that counterfeiting banknotes is against the law (File:10000 tenge (2006).jpg|110px) (File:10000 tenge (2006) r.jpg|110px)| ₸10,000| purpleAk Orda Presidential Palace>Residence Akorda (presidential palace), outline map of Kazakhstan with canyons 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

2011–2017 series

The National Bank of Kazakhstan issued a new series of tenge banknotes dated 2011, 2012, 2013 and 2014 in denominations of ₸1,000, ₸2,000, ₸5,000, and ₸10,000.Kazakhstan new date (2012) non-commemorative 10,000-tenge note confirmed {{Webarchive|url=https://web.archive.org/web/20150206094105weblink |date=2015-02-06 }} BanknoteNews.com. June 23, 2012. Retrieved on 2015-02-05.Kazakhstan new 5,000-tenge note confirmed {{Webarchive|url=https://web.archive.org/web/20150206094107weblink |date=2015-02-06 }} BanknoteNews.com. February 12, 2012. Retrieved on 2015-02-05.Kazakhstan new 2,000-tenge note confirmed {{Webarchive|url=https://web.archive.org/web/20150206101319weblink |date=2015-02-06 }} BanknoteNews.com. April 8, 2013. Retrieved on 2015-02-05.Kazakhstan new 1,000-tenge note confirmed {{Webarchive|url=https://web.archive.org/web/20150204015001weblink |date=2015-02-04 }} BanknoteNews.com. January 5, 2015. Retrieved on 2015-02-05. 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.Kazakhstan new 20,000-tenge note (B144) confirmed {{Webarchive|url=https://web.archive.org/web/20151208103907weblink |date=2015-12-08 }} BanknoteNews.com. December 3, 2015. Retrieved on 2015-12-03. 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.What Future for the 'Wikipedia Seagull' on Kazakhstan's Brand New Banknotes? {{Webarchive|url=https://web.archive.org/web/20200129224717weblink |date=2020-01-29 }} Global Voices weblink {{Webarchive|url=https://web.archive.org/web/20171212213357weblink |date=2017-12-12 }}) December 8, 2017. Retrieved on 2017-12-12.{|class="wikitable" style="font-size: 90%"!colspan=7| 2011–2017 Series!colspan=2| Image !!rowspan=2| Value !!rowspan=2| Main Color !!colspan=2| Description !!rowspan=2| Date of issue! Obverse !! Reverse !! Obverse !! Reverse weblink weblink| ₸500| Blue| Flag, skyscrapers, "Kazakh Eli" monument in Astana (representing the "Independence of Kazakhstan" and the "Continuation of Generations"), Emblem of Kazakhstan and Flag of Kazakhstan| Outline of Kazakhstan, seagulls| 2017 weblink weblink| ₸1,000| Yellow, brown, orange and blue| "Kazakh Eli" monument in Astana (representing the "independence of Kazakhstan" and the "Continuation of Generations"), pigeons, Emblem of Kazakhstan and Flag of Kazakhstan| Outline of Kazakhstan, mountains and landscape of the Ustyurt Plateau| 2014 weblink weblink| ₸2,000| GreenAstana (representing the "independence of Kazakhstan" and the "Continuation of Generations"), Khan Shatyr Entertainment Center>Khan Shatyr tent, pigeons, Emblem of Kazakhstan and Flag of Kazakhstan| Outline of Kazakhstan, Ertis/Irtysh river| 2012 weblink weblink| ₸5,000| Red, blue, yellow, and green| "Kazakh Eli" monument in Astana (representing the "independence of Kazakhstan" and the "Continuation of Generations"), Palace of Independence, pigeons, Emblem of Kazakhstan and Flag of KazakhstanAlmaty>Almaty/Alma Ata), Zailijsky Alatau ridge of Tjan-Shan mountain range| 2011 weblink weblink| ₸10,000| Violet and blue| "Kazakh Eli" monument in Astana (representing the "independence of Kazakhstan" and the "Continuation of Generations"), Palace of Independence, pigeons, Emblem of Kazakhstan and Flag of KazakhstanAk Orda Presidential Palace>Residence Ak Orda (Palace of the President), Astana| 2012 weblink weblink| ₸20,000| Blue-gray and violet| "Kazakh Eli" monument in Astana (representing the "independence of Kazakhstan" and the "Continuation of Generations"), pigeons, Emblem of Kazakhstan, Flag of Kazakhstan and the Mangilik El triumphal archAk Orda Presidential Palace>Residence Ak Orda (Palace of the President) and Government buildings in Astana, arranged in order by the principle of separation of powers, as written in the Constitution of the Republic of KazakhstanTITLE=20 000 TENGE | BANKNOTES | NATIONAL BANK OF KAZAKHSTANDATE=24 NOVEMBER 2019, 2021-02-05,

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 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.Kazakhstan - "Saka", the new family of banknotes presented yesterday. MRI Bankers' Guide to Foreign Currency weblink November 19, 2023. Retrieved on 2023-11-21.

New series with security features 2008

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.WEB, Digital tenge: the advantages of launching E-Currency,weblink unicaselaw.com,

Commemorative banknotes

• T 5,000 (2001)

File:Kazakhstan-2001-Bill-5000-Obverse.jpg|5,000 tenge banknote issued in 2001 with overprint to commemorate the tenth anniversary of independence from the Soviet Union (front).File:Kazakhstan-2001-Bill-5000-Reverse.jpg|5,000 tenge banknote issued in 2001 with overprint to commemorate the tenth anniversary of independence from the Soviet Union (back).

• ₸5,000 (2008)

File:Kazakhstan-2008-Bill-5000-Obverse.jpg|5,000 tenge banknote issued in 2008 to commemorate 15 years of the Kazakhstani tenge (front).File:Kazakhstan-2008-Bill-5000-Reverse.jpg|5,000 tenge banknote issued in 2008 to commemorate 15 years of the Kazakhstani tenge (back).

• ₸1,000 (2010)

File:Kazakhstan-2010-Bill-1000-Obverse.jpg|1,000 tenge banknote issued in 2010 to commemorate the Chairmanship of Kazakhstan in the OSCE (front).File:Kazakhstan-2010-Bill-1000-Reverse.jpg|1,000 tenge banknote issued in 2010 to commemorate the Chairmanship of Kazakhstan in the OSCE (back).

• ₸1,000 (2011)

File:Kazakhstan-2011-Bill-1000-Obverse.jpg|1,000 tenge banknote issued in 2011 to commemorate Kazakhstan's Presidency of the Organisation of the Islamic Conference (front).File:Kazakhstan-2011-Bill-1000-Reverse.jpg|1,000 tenge banknote issued in 2011 to commemorate Kazakhstan's Presidency of the Organisation of the Islamic Conference (back).

• ₸2,000 (2011)

File:Kazakhstan-2011-Bill-2000-Obverse.jpg|2,000 tenge banknote issued in 2011 to commemorate the seventh Asian Winter Games in Astana (front).File:Kazakhstan-2011-Bill-2000-Reverse.jpg|2,000 tenge banknote issued in 2011 to commemorate the seventh Asian Winter Games in Astana (back).

• ₸10,000 (2011)

File:Kazakhstan-2011-Bill-10000-Obverse.jpg|10,000 tenge banknote issued in 2011 to commemorate the 20th anniversary of independence from the Soviet Union (front).File:Kazakhstan-2011-Bill-10000-Reverse.jpg|10,000 tenge banknote issued in 2011 to commemorate the 20th anniversary of independence from the Soviet Union (back).

• ₸1,000 (2013)

1,000 tenge banknote issued in 2013 to commemorate the "Kul Tigin" – the monument of the Turkic runic writing.

• ₸10,000 (2016)

The National Bank of Kazakhstan issued a 10,000 tenge commemorative banknote to commemorate the 25th anniversary of independence from the Soviet Union. The commemorative note contains an image of Kazakh President Nursultan Nazarbayev,WEB,weblink Kazakhstan Presented Tenge Note With President Nazarbayev, kazworld.info, and was launched into circulation on the Day of the First President, December 1, 2016.

• ₸20,000 (2021)

The National Bank of Kazakhstan issued a 20,000 tenge commemorative banknote to commemorate the 30th anniversary of independence from the Soviet Union. The commemorative note features images of the first president of Kazakhstan, "Elbasy" Nursultan Nazarbayev, the Akorda Presidential Palace, a view of the capital city of Astana and the official logo for the celebrations. The commemorative note is also the first to feature inscriptions in Kazakh-based Latin instead of Kazakh-based Cyrillic. The commemorative note was issued on December 16, 2021.Kazakstan – New commemorative banknote. {{Webarchive|url=https://web.archive.org/web/20211202010147weblink |date=2021-12-02 }} MRI Bankers' Guide to Foreign Currency weblink {{Webarchive|url=https://web.archive.org/web/20211202011239weblink |date=2021-12-02 }}). Retrieved on 2021-12-01.

Exchange rates and inflation

On September 2, 2013, the National Bank of Kazakhstan moved the tenge from a managed float and pegged it to the US dollar and the Russian ruble.NEWS, 2013-08-28, Kazakhstan to peg tenge to U.S. dollar, euro, rouble on Sept. 2, en, Reuters,weblink 2023-11-06, On February 11, 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.Kazakhstan devalues tenge by almost 20% {{Webarchive|url=https://web.archive.org/web/20221227125745weblink |date=2022-12-27 }}, The Financial Times, 11 February 2014On August 20, 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.WEB,weblink astana-almaty.blogspot.com, Blog Travel to Central Asia-Kazakhstan and Astana, 2015-08-20, 2021-02-05, {{Clear}}{{Exchange rate|KZT|RUB|TRY}}{|class="wikitable collapsible autocollapse" style="font-size: 90%"weblink 2012-02-20, |! scope="col" style="text-align: right;" | USD! scope="col" style="text-align: right;" | EUR! scope="col" style="text-align: right;" | RUB! scope="row" | 1999 119.52 130.00 4.82! scope="row" | 2000 142.13 134.40 5.05! scope="row" | 2001 146.74 132.40 5.04! scope="row" | 2002 153.28 144.68 4.89! scope="row" | 2003 n/a 168.79 4.87! scope="row" | 2004 136.04 169.04 4.72! scope="row" | 2005 132.88 165.42 4.70! scope="row" | 2006 126.09 158.27 4.64! scope="row" | 2007 122.55 167.75 4.79! scope="row" | 2008 120.30 177.04 4.86! scope="row" | 2009 147.50 205.67 4.66! scope="row" | 2010 147.35 195.67 4.85! scope="row" | 2011 146.62 204.11 5.00! scope="row" | 2012 (Jan) 148.38 191.27 4.73! scope="row" | 2014-4-14 182.02 252.72 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,%WEB, The National Bank of Kazakhstan, Price Indices Data,weblink 2012-02-20, 2012-11-17,weblink" title="web.archive.org/web/20121117084655weblink">weblink dead, ! scope="row" | 1994 1160.262! scope="row" | 1995 60.388! scope="row" | 1996 28.763! scope="row" | 1997 11.321! scope="row" | 1998 1.880! scope="row" | 1999 18.095! scope="row" | 2000 10.001! scope="row" | 2001 6.582! scope="row" | 2002 6.686! scope="row" | 2003 7.001! scope="row" | 2004 7.011! scope="row" | 2005 7.868! scope="row" | 2006 8.400! scope="row" | 2007 18.772! scope="row" | 2008 9.484! scope="row" | 2009 6.377! scope="row" | 2010 7.969! scope="row" | 2011 7.429! scope="row" | 2012 6.0! scope="row" | 2013 5.83! scope="row" | 2014 6.72! scope="row" | 2015 6.65! scope="row" | 2016 14.56! scope="row" | 2017 7.43! scope="row" | 2018 6.03

See also

• Economy of Kazakhstan

References

{{Reflist}}

External links

• Currency exchange rates in Kazakhstan
• weblink" title="web.archive.org/web/20110520181032weblink">News from the National Bank of Kazakhstan

• The banknotes of Kazakhstan {{in lang|en|de}}
• Coins of Kazakhstan
• Banknotes of Kazakhstan
• Catalog of the coins of Kazakhstan (Numista)
• Kazakhstan Tenge: detailed catalog of banknotes
• {{CISCoins|Kazakhstan}}

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