Convert Kazakhstani Tenge to British Pound Sterling
Please provide values below to convert Kazakhstani Tenge [KZT] to British Pound Sterling [GBP], or Convert British Pound Sterling to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to British Pound Sterling
1 KZT = 722.383409889219 GBP
Example: convert 15 KZT to GBP:
15 KZT = 15 × 722.383409889219 GBP = 10835.7511483383 GBP
Kazakhstani Tenge to British Pound Sterling Conversion Table
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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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.