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base info Injective

Injective to Kazakhstani Tenge Converter and calculator

Convert 1Injective (INJ) to Kazakhstani Tenge (KZT) equals ₸ 13,019.77 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Injective(INJ) to Kazakhstani Tenge(KZT). This is the real-time data. The current conversion shows 1 INJ at a value of 1 INJ for 13,019.77 KZT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KZT information

About Kazakhstani Tenge (KZT)

The Kazakhstani Tenge (KZT), introduced in 1993, is a significant symbol of Kazakhstan's national identity and economic independence. It is commonly abbreviated as KZT and represented by the symbol ₸. Emerging after the dissolution of the Soviet Union, the Tenge marked a pivotal transition from a centrally planned economy to a market-oriented one.

Historical Background

The introduction of the Tenge was a crucial moment in post-Soviet Kazakhstan, signifying a break from the Russian Ruble and the commencement of a distinct monetary policy. It symbolized a new era of self-determination and was a crucial step in building the newly independent nation's economy.

Design and Symbolism

The design of the Kazakhstani Tenge is a rich tapestry of the country's history, culture, and aspirations. Banknotes and coins feature images of significant historical figures, like the poet Abai Kunanbaiuly and philosopher Al-Farabi, alongside landmarks and symbols representing Kazakhstan’s vast landscapes and cultural heritage. These designs not only facilitate transactions but also serve as a source of national pride and identity.

Economic Role

The Tenge plays a critical role in Kazakhstan’s economy, characterized by its vast natural resources, including oil, gas, and minerals. As the primary medium of exchange, it supports various sectors of the economy, facilitating trade, investment, and the daily financial transactions of individuals and businesses.

Monetary Policy and Inflation

Managed by the National Bank of Kazakhstan, the Tenge has faced challenges such as inflation and currency devaluation, particularly during periods of global economic instability. The central bank’s monetary policies focus on stabilizing the Tenge, which is crucial for maintaining economic confidence and fostering sustainable growth.

International Trade and the Kazakhstani Tenge

The Tenge’s exchange rate is an important factor in international trade, particularly for Kazakhstan's key exports in the energy and mining sectors. A stable Tenge is vital for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Kazakh citizens working abroad, particularly in Russia and Europe, are a notable source of foreign income. These remittances, converted into Tenge, play a significant role in supporting households and contributing to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Injective currency pair is the INJ to KZT, with for Injective's currency code being INJ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KZT.

INJ to KZT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Injective has changed +4.66% to KZT. Based on the trend and price charts, Injective(INJ) has changed +4.66% to KZT while Kazakhstani Tenge(KZT) has changed % to INJ in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₸12,734.28
0.0001% / 0.0004%vip-iconVIP
Binance
₸12,757.75
0.1000% / 0.1000%
Yes
OKX
₸12,763.1
0.080% / 0.100%
Yes
Huobi
₸12,737.62
0.1000% / 0.1000%
Yes
Gate.io
₸12,730.97
0.1000% / 0.1000%
Yes
Bybit
₸12,760.87
0.1000% / 0.1000%
Yes
KuCoin
₸12,725.62
0.1000% / 0.1000%
Yes
Bitfinex
₸12,763.1
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 17:00:38(UTC+0)

What factors influence the conversion rate of Injective to Kazakhstani Tenge?

Injective to Kazakhstani Tenge is rising this week.
Injective's current market price is ₸ 13,019.77 per INJ, with a total market cap of ₸ 1,216,046,305,352.37 KZT based on a circulating supply of 93,400,000 INJ. The trading volume of Injective has changed by -37.20% (₸ -29,450,355,464.36 KZT) in the last 24 hours. Last trading day, INJ's trading volume was ₸ 79,169,111,957.39.
Market cap
$2.73B
24h volume
$111.42M
Circulating supply
93.40M INJ

Conversion tables

The exchange rate of Injective is decreasing.
1 INJ is currently valued at ₸ 13,019.77 KZT , which means buying 5 INJ will cost ₸ 65,098.84 KZT . Similarly, ₸1 KZT can be traded for 0.{4}7681 INJ, and ₸50 KZT can be converted to 0.003840 INJ, excluding any platform or gas fees.
The exchange rate of 1 INJ to Kazakhstani Tenge has changed by +15.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.66%, reaching a high of 13,047.73 KZT and a low of 12,240.77 KZT . One month ago, the value of 1 INJ was ₸ 16,909.6 KZT , which represents a -23.00% change from its current value. Over the last year, Injective has changed by
+
710.48KZT
, resulting in a change of +284.67% in its value.

INJ to KZT

Amount
17:35 today
0.5 INJ
6,509.88
1 INJ
13,019.77
5 INJ
65,098.84
10 INJ
130,197.67
50 INJ
650,988.37
100 INJ
1,301,976.74
500 INJ
6,509,883.68
1000 INJ
13,019,767.36

KZT to INJ

Amount17:35 today
0.5KZT0.{4}3840  INJ
1KZT0.{4}7681  INJ
5KZT0.0003840  INJ
10KZT0.0007681  INJ
50KZT0.003840  INJ
100KZT0.007681  INJ
500KZT0.03840  INJ
1000KZT0.07681  INJ
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Today vs. 24 hours ago

Amount17:35 today24 hours ago24h change
0.5 INJ$14.59$13.94
+4.66%
1 INJ$29.18$27.88
+4.66%
5 INJ$145.89$139.39
+4.66%
10 INJ$291.77$278.79
+4.66%
50 INJ$1,458.86$1,393.94
+4.66%
100 INJ$2,917.72$2,787.88
+4.66%
500 INJ$14,588.59$13,939.42
+4.66%
1000 INJ$29,177.19$27,878.84
+4.66%

Today vs. 1 month ago

Amount17:35 today1 month ago1M change
0.5 INJ$14.59$18.95
-23.00%
1 INJ$29.18$37.89
-23.00%
5 INJ$145.89$189.47
-23.00%
10 INJ$291.77$378.94
-23.00%
50 INJ$1,458.86$1,894.71
-23.00%
100 INJ$2,917.72$3,789.43
-23.00%
500 INJ$14,588.59$18,947.13
-23.00%
1000 INJ$29,177.19$37,894.26
-23.00%

Today vs. 1 year ago

Amount17:35 today1 year ago1Y change
0.5 INJ$14.59$3.79
+284.67%
1 INJ$29.18$7.59
+284.67%
5 INJ$145.89$37.93
+284.67%
10 INJ$291.77$75.85
+284.67%
50 INJ$1,458.86$379.25
+284.67%
100 INJ$2,917.72$758.5
+284.67%
500 INJ$14,588.59$3,792.51
+284.67%
1000 INJ$29,177.19$7,585.02
+284.67%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.