Kazakhstani Tenge to Chilean Peso

The Kazakhstani tenge (sign ₸, code KZT) is the main currency of Kazakhstan, issued and used only within this Asian state. Tiyns are used as change for the Kazakhstani tenge. Every KZT has 100 tiyns.

The currency has been issued since 1993. It appeared after the dissolution of the USSR, taking the place of the Soviet ruble. Initially, Kazakhstan did not have its own treasury. Banknotes were printed in Great Britain. German specialists were engaged in minting. Some time later, the country has begun to issue the money on its own.

The Chilean peso (sign $, code CLP) is the national currency issued and spread only in Chile. The Chilean peso can be changed into coins named centavo. Every CLP has 100 centavos.

The currency had appeared in circulation in 1817, but was later replaced with escudo. However, the Chilean peso has been issued again. Today, both currencies are used at the same time. In 2008, the state mint has issued 50 commemorative coins with a misspelling of the country’s name. Some of these coins were sold at auction. Having a face value of 50 peso, their price could go up to 20 thousand peso. This nuisance led to the fact that the head of the mint was fired.