Convert Kazakhstani Tenge to Peruvian Nuevo Sol
Please provide values below to convert Kazakhstani Tenge [KZT] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Peruvian Nuevo Sol
1 KZT = 150.296033954521 PEN
Example: convert 15 KZT to PEN:
15 KZT = 15 × 150.296033954521 PEN = 2254.44050931782 PEN
Kazakhstani Tenge to Peruvian Nuevo Sol Conversion Table
| Kazakhstani Tenge | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.