Kazakhstani Tenge to Norwegian Krone

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 Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.