KZT to USD Exchange Rate: Current Price & Forecast
Boss Wallet
2025-01-05 00:47:24
Gmaes
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Boss Wallet
2025-01-05 00:47:24 GmaesViews 0
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KZT to USD Exchange Rate
The KZT to USD exchange rate is the ratio of Kazakhstani tenge (KZT) to United States dollar (USD). The exchange rate can fluctuate constantly due to market forces and economic indicators.
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KZT/USD Exchange RateFAQs About KZT to USD Exchange Rate
: What is the current KZT to USD exchange rate?
The current KZT to USD exchange rate can be found on various online platforms such as XE.com, Oanda.com, and Bloomberg.com. You can also check the official website of the Central Bank of Kazakhstan for the latest exchange rates.
| Source |
KZT/USD Exchange Rate (Current) |
| XE.com |
1 KZT = 0.0032 USD |
| Oanda.com |
1 KZT = 0.0033 USD |
| Bloomberg.com |
1 KZT = 0.0034 USD |
: How does the KZT to USD exchange rate affect my investment?
The KZT to USD exchange rate can impact your investment in Kazakhstan or any other country where the Kazakhstani tenge is the official currency. If you invest in a foreign currency, changes in the exchange rate can affect the value of your investment.
Understanding the Factors Affecting KZT to USD Exchange Rate
: What factors affect the KZT to USD exchange rate?
The KZT to USD exchange rate is affected by various economic indicators such as inflation, GDP growth, interest rates, and trade balances.
| Economic Indicator |
Impact on Exchange Rate |
| Inflation Rate |
A higher inflation rate can lead to a devaluation of the KZT, causing it to depreciate
What is the KZT to USD Exchange Rate History?
The KZT to USD exchange rate has fluctuated significantly since its introduction as an official currency in 1993. According to historical data, the exchange rate peaked at around 120 KZT per USD in 2008 and reached a low of around 290 KZT per USD in 2015.
| Year |
KZT/USD Exchange Rate (Average) |
| 2008 |
120 KZT/USD |
| 2015 |
290 KZT/USD |
| 2020 |
240 KZT/USD |
Why Does the KZT to USD Exchange Rate Fluctuate?
The KZT to USD exchange rate fluctuates due to various economic factors, including inflation rates, interest rates, and global market trends. Additionally, geopolitical events and trade policies can also impact the exchange rate.
| Economic Factor |
Impact on Exchange Rate |
| Inflation Rates |
Highest inflation rates tend to lead to a higher KZT/USD exchange rate. |
| Interest Rates |
Lower interest rates in Kazakhstan can lead to a stronger USD, causing the KZT/USD exchange rate to decrease. |
| Global Market Trends |
Global economic trends and events can impact the value of both currencies. |
What is the Price of a Goat in Kazakhstani Tenge?
The price of a goat in Kazakhstan varies depending on factors such as breed, age, and location. However, according to local sources, the average price of a goat in Kazakhstani tenge is around 150-200 KZT.
Disclaimer: 1. This content is compiled from the internet and represents only the author's views, not the site's stance. 2. The information does not constitute investment advice; investors should make independent decisions and bear risks themselves. 24h Latest News  Hot News  | | |
