Alteration of Kazakhstan's Exchange Rate in Recent Times
Fresh Take:
Heads up! Here's the lowdown on currency exchange rates in Kazakhstan for May 2, 2025, as reported by Liter.kz.
The National Bank of Kazakhstan has released the official exchange rates for various foreign currencies against the tenge. For your convenience, we've listed them below:
- US Dollar (USD / KZT) - 512.34
- Euro (EUR / KZT) - 582.07
- British Pound (GBP / KZT) - 684.18
- United Arab Emirates Dirham (AED / KZT) - 139.5
- Chinese Yuan (CNY / KZT) - 70.53
- Turkish Lira (TRY / KZT) - 13.31
- Ukrainian Hryvnia (UAH / KZT) - 12.35
- Kyrgyz Som (KGS / KZT) - 5.86
- Russian Ruble (RUB / KZT) - 6.31
Now, let's check out the exchange rates offered by exchange offices in major cities like Almaty, Nur-Sultan, and Shymkent:
Almaty:
- USD: 514 - 517 tenge;
- EUR: 584 - 587 tenge;
- RUB: 6.1 - 6.3 tenge.
Nur-Sultan:
- USD: 511 - 518 tenge;
- EUR: 580 - 587 tenge;
- RUB: 6.15 - 6.25 tenge.
Shymkent:
- USD: 515 - 518 tenge;
- EUR: 582 - 587 tenge;
- RUB: 6.13 - 6.25 tenge.
For reference, you can find the exchange rates valid for May 1, here.
P.S. Hungry for more insights? Keep reading for a deeper dive into the tenge exchange market.
** deeper dive:**
While the search results offer a general overview, they don't provide city-specific breakdowns of exchange rates. Here's a quick glance at what we found out:
- Official/Consular Rates:
- UK Consular Rate: 710 KZT/USD (as of May 1, 2025), which might represent a specific administrative rate rather than an official one for Kazakhstan.
- Market Realities: The tenge averaged around 510.17/USD in Q1 2025, while X-Rates listed 514.57 KZT/USD on May 2, 2025.
- Regional Variations: No data specific to Almaty, Nur-Sultan, or Shymkent was found in the search results. Typically, exchange rates in major cities align closely with National Bank guidelines, with minor deviations (1-2%) due to local liquidity or commissions.
- National Bank Policy: The National Bank actively intervenes to maintain stable exchange rates, as witnessed in April 2025 when it addressed tenge depreciation linked to falling oil prices (Brent crude forecast at $74.6/barrel for 2025).
- Forecasts: Analysts predict an average of 512.8 KZT/USD for 2025, revised upward from 489.5 due to geopolitical risks and U.S. trade policies. Short-term May forecasts suggest a range of 459-535 KZT/USD, reflecting high market volatility.
For precise rates, consult the National Bank of Kazakhstan’s daily bulletin or licensed exchange offices in respective cities. Real-time data isn't available in these search results.
- In addition to the official exchange rates provided by the National Bank of Kazakhstan, we found that the United Kingdom Consular Rate for USD was 710 KZT on May 1, 2025, potentially representing a specific administrative rate.
- On May 2, 2025, the tenge exchange market averaged around 510.17/USD in Q1, while X-Rates listed 514.57 KZT/USD.
- Typically, exchange rates in major cities like Almaty, Nur-Sultan, and Shymkent tend to align closely with the National Bank's guidelines, with minor deviations (1-2%) due to local liquidity or commissions.
- For the most precise rates, consider consulting the National Bank of Kazakhstan’s daily bulletin or licensed exchange offices in respective cities. Real-time data may not be available in the search results provided.
To access the exchange rates for May 1, please visit [href="link"] here. For a deeper dive into the tenge exchange market, kindly continue reading.
