Kazakhstani tenge: Wikis

Advertisements
  
  

Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.

Encyclopedia

From Wikipedia, the free encyclopedia

Kazakhstani tenge
Қазақстан теңгесі (Kazakh)
Казахстанский тенге (Russian)
200 tenge (new design) 5, 10, 20, 50 and 2000 tenge (old design)
200 tenge (new design) 5, 10, 20, 50 and 2000 tenge (old design)
ISO 4217 Code KZT
User(s) Kazakhstan Kazakhstan
Inflation 0.2% (December 2008)
Source Basic Macroeconomic Indicators on the homepage
Subunit
1/100 tïın (тиын)
Symbol Tenge symbol.svg
Plural The language(s) of this currency does not have a morphological plural distinction.
Coins
Freq. used 5, 10, 20, 50, 100 tenge
Rarely used 1, 2 tenge
Banknotes 200, 500, 1000, 2000, 5000, 10 000 tenge
Central bank National Bank of Kazakhstan
Website www.nationalbank.kz

The tenge (Kazakh: теңге, teñge) is the currency of Kazakhstan. It is divided into 100 tïın (тиын, also transliterated as tiyin or tijn). It was introduced on 15th of November 1993 to replace the Soviet ruble at a rate of 1 tenge = 500 rubles. The ISO-4217 code is KZT.

The word tenge in the Kazakh and most other Turkic languages means a set of scales. The origin of the word is the Turkic teğ- which means being equal, balance. The name of this currency is thus similar to the lira, pound and peso. The name of the currency is related to the Russian word for money Russian: деньги / den'gi, which was borrowed from Turkic.

Contents

History

Kazakhstan was one of the last countries of the CIS to introduce a national currency. In 1991 a "special group" of designers was created: Mendybay Alin, Timur Suleymenov, Asimsaly Duzelkhanov and Khayrulla Gabzhalilov. On November 12, 1993, a decree of the President of Kazakhstan, "About introducing national currency of Republic of Kazakhstan", was issued. On November 15, 1993, the tenge was brought into circulation. As such, November 15 is celebrated as the "Day of National Currency of Republic of Kazakhstan". In 1995, a tenge printing factory was opened in Kazakhstan. The first consignment of tenge was printed abroad, in the U.K.. The first coins were minted in Germany.

New symbol for tenge

March 20, 2007 two days before the Nauryz holiday, the National Bank of Kazakhstan approved a graphical symbol for the Tenge: Tenge symbol.svg. The character was proposed for encoding in Unicode in March 2008[1] It was accepted at the codepoint U+20B8.[2]


Coins

1, 2, 5, 10, 20, 50 and 100 tenge coins

In 1993, coins were introduced in denominations of 2, 5, 10, 20 and 50 tiyn, 1, 3, 5, 10 and 20 tenge. 50 tenge were introduced in 1997, followed by 100 tenge in 2002 and 2 tenge in 2005. Coins currently in circulation are:

  • 1 tenge (Brass)
  • 2 tenge (Brass)
  • 5 tenge (Brass)
  • 10 tenge (Brass)
  • 20 tenge (Copper-Nickel)
  • 50 tenge (Copper-Nickel)
  • 100 tenge (Bimetallic, Brass and Copper-Nickel)

Commemorative coins are issued in denominations of 20, 50, 100, 500, 1000, 2500, 5000 and 10000 tenge.

New symbol of tenge (〒) used on info-board of a currence exchange office in Almaty

Banknotes

200 tenge (old design)
Advertisements

1993 series

In 1993, the National Bank of Kazakhstan issued notes in denominations of 1, 2, 5, 10, 20 and 50 tiyn, 1, 3, 5, 10, 20, 50, 100 and 200 tenge. These were followed by 500 and 1000 tenge notes in 1994. 2000 tenge notes were introduced in 1996, with 5000 tenge in 1998 and 10,000 tenge in 2003. Notes currently in circulation are:

  • 200 tenge portrait of Al-Farabi
  • 500 tenge portrait of Al-Farabi, fragment of Khodzha Akhmet Yassaui mausoleum
  • 1000 tenge portrait of Al-Farabi
  • 2000 tenge portrait of Al-Farabi
  • 5000 tenge portrait of Al-Farabi
  • 10,000 tenge portrait of Al-Farabi, image of snow leopard.

Interestingly, the text on the reverse side of 200 tenge banknote is written in Kazakh, although text on the reverse sides of the other banknotes is written in Russian.

1993 Series (Removed from circulation)
Image Value Main Colour Description Date of issue
Obverse Reverse Obverse Reverse Obverse Reverse
Kaz001 f.jpg Kaz001 b.jpg 1 tiyn value in numeral and Kazakh, unique geometric design background value in numeral and Kazakh, Kazakhstan coat of arms, unique geometric design background 1993
Kaz002 f.jpg Kaz002 b.jpg 2 tiyn
KazakhstanP3-5Tyin-1993 f.jpg KazakhstanP3-5Tyin-1993 b.jpg 5 tiyn
Kaz004 f.jpg Kaz004 b.jpg 10 tiyn
Kaz005 f.jpg Kaz005 b.jpg 20 tiyn
KazakhstanP6-50Tyin-1993 f.jpg KazakhstanP6-50Tyin-1993 b.jpg 50 tiyn
Kaz007 f.jpg Kaz007 b.jpg 1 tenge dark blue pink Portrait of Al-Farabi Geometrical constructions and formulations of Al-Farabi
Kaz008 f.jpg Kaz008 b.jpg 3 tenge green, grey green Portrait of Suinbay Alatau landscape
KazakhstanP9-5Tenge-1993 f.jpg KazakhstanP9-5Tenge-1993 b.jpg 5 tenge brown yellow, red Portrait of Kurmangazy Mausoleum
KazakhstanP10-10Tenge-1993 f.jpg KazakhstanP10-10Tenge-1993 b.jpg 10 tenge dark blue pink Portrait of Chokan Ualihanov Ok Zhetpes mountain
Kaz011 f.jpg Kaz011 b.jpg 20 tenge dark brown brown Portrait of Abay Kunanbaev Illustration of golden eagle with the man, drawn from works of Abay Kunanbaev
Kaz012 f.jpg Kaz012 b.jpg 50 tenge light brown brown Portrait of Abulhair Khan Rock paintings of Mangistau
KazakhstanP13-100Tenge-1993 f.jpg KazakhstanP13-100Tenge-1993 b.jpg 100 tenge violet pink Portrait of Ablay Khan Hodja Ahmed Yassavi mausoleum
KazakhstanP20-200Tenge-1999-donatedoy f.jpg KazakhstanP20-200Tenge-1999-donatedoy b.jpg 200 tenge brown, red yellow, blue Portrait of Al-Farabi Hodja Ahmed Yassavi mausoleum
KazakhstanP21-500Tenge-1999-donatedoy f.jpg KazakhstanP21-500Tenge-1999-donatedoy b.jpg 500 tenge dark blue, blue blue, violet Portrait of Al-Farabi Hodja Ahmed Yassavi mausoleum 1994
KazakhstanPnew-1000Tenge-2000(2001)-donatedoy f.jpg KazakhstanPnew-1000Tenge-2000(2001)-donatedoy b.jpg 1,000 tenge green, red green, blue, red Portrait of Al-Farabi Hodja Ahmed Yassavi mausoleum
KazakhstanPnew-2000Tenge-2000(2001)-donatedoy f.jpg KazakhstanPnew-2000Tenge-2000(2001)-donatedoy b.jpg 2,000 tenge green, blue green, brown Portrait of Al-Farabi Hodja Ahmed Yassavi mausoleum 1996
KazakhstanP24-5000Tenge-2001-donatedoy f.jpg KazakhstanP24-5000Tenge-2001-donatedoy b.jpg 5,000 tenge brown, violet brown Portrait of Al-Farabi Hodja Ahmed Yassavi mausoleum 1998
KazakhstanPnew-10000Tenge-2003-donatedoy f.jpg KazakhstanPnew-10000Tenge-2003-donatedoy b.jpg 10,000 tenge blue blue, brown Portrait of Al-Farabi Snow leopard against a background of mountains 2003

2006 banknotes

Some 2000 tenge notes spelled the word "банкі" (bank) incorrectly as "банқі"

The National Bank of Kazakhstan issued banknotes of new series in 2006. They have the same values as the previously existed ones.

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 Astana Bayterek monument, the flag of Kazakhstan, the Coat of arms, the handprint with a signature of president Nazarbayev and fragments of the national anthem. The main differences across each denomination are only the colours, the values, the underprint patterns.

On the contrary, the reverses are more differentiated. The value is written in Russian. Each denomination shows a unique building and geography of Kazakhstan in the outline of Kazakhstan border.

The first printing of the 2,000 and 5,000 tenge notes issued in 2006 had misspellings of the word for "bank" (the correct spelling "банкі" was misspelled "банқі"). The misspelling was a politically sensitive issue due to the cultural and political importance of the Kazakh language.[3]

2006 Series (Currently in circulation)
Image Value Main Colour Description Date of issue
Obverse Reverse Obverse Reverse
200 tenge front small.jpg 200 tenge (2006) r.jpg 200 tenge orange, green Astana Bayterek monument, Kazakhstan flag, Kazakhstan coat of arms, handprint with a signature of 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
500 tenge (2006).jpg 500 tenge (2006) r.jpg 500 tenge blue, grey 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
1000 tenge (2006).jpg 1000 tenge (2006) r.jpg 1,000 tenge yellow, 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
2000 tenge (2006).jpg 2000 tenge (2006) r.jpg 2,000 tenge dark and light 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
5000 tenge (2006).jpg 5000 tenge (2006) r.jpg 5,000 tenge deep-brown, 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
10000 tenge (2006).jpg 10000 tenge (2006) r.jpg 10,000 tenge violet, blue 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

Commemorative banknotes

Inflation level

Year Annual inflation level
2001     6.4%
2002     6.6%
2003     5.7%
2004     7.9%
2005     9%
2006     8.6%
2007     18.8%
2008     9.5%
Current KZT exchange rates
From Google Finance: AUD CAD CHF EUR GBP HKD JPY USD RUB CNY
From Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD RUB CNY
From XE.com: AUD CAD CHF EUR GBP HKD JPY USD RUB CNY
From OANDA.com: AUD CAD CHF EUR GBP HKD JPY USD RUB CNY

See also

References

External links


Advertisements






Got something to say? Make a comment.
Your name
Your email address
Message