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Maker to Kazakhstani Tenge Converter and calculator

Convert 1Maker (MKR) to Kazakhstani Tenge (KZT) equals ₸ 1,345,760.79 | Bitget

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 Maker currency pair is the MKR to KZT, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KZT.

MKR to KZT conversion rate trend

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In the past 1D, Maker has changed +21.15% to KZT. Based on the trend and price charts, Maker(MKR) has changed +21.15% to KZT while Kazakhstani Tenge(KZT) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₸1,337,514.51
0.0001% / 0.0004%vip-iconVIP
Binance
₸1,335,856.45
0.1000% / 0.1000%
Yes
OKX
₸1,336,931.95
0.080% / 0.100%
Yes
Huobi
₸1,335,350.07
0.1000% / 0.1000%
Yes
Gate.io
₸1,336,138.77
0.1000% / 0.1000%
Yes
Bybit
₸1,336,752.7
0.1000% / 0.1000%
Yes
KuCoin
₸1,335,211.15
0.1000% / 0.1000%
Yes
Bitfinex
₸1,333,929.52
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 20:00:33(UTC+0)

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

Maker to Kazakhstani Tenge is falling this week.
Maker's current market price is ₸ 1,345,760.79 per MKR, with a total market cap of ₸ 1,244,438,094,988.92 KZT based on a circulating supply of 924,709.7 MKR. The trading volume of Maker has changed by +57.37% (₸ 32,181,912,797.08 KZT) in the last 24 hours. Last trading day, MKR's trading volume was ₸ 56,099,670,877.81.
Market cap
$2.78B
24h volume
$197.00M
Circulating supply
924.71K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at ₸ 1,345,760.79 KZT , which means buying 5 MKR will cost ₸ 6,728,803.95 KZT . Similarly, ₸1 KZT can be traded for 0.{6}7431 MKR, and ₸50 KZT can be converted to 0.{4}3715 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Kazakhstani Tenge has changed by -16.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by +21.15%, reaching a high of 1,345,886.49 KZT and a low of 1,107,233.78 KZT . One month ago, the value of 1 MKR was ₸ 1,219,117.97 KZT , which represents a +10.39% change from its current value. Over the last year, Maker has changed by
+
103,752.71KZT
, resulting in a change of +289.22% in its value.

MKR to KZT

Amount
20:13 today
0.5 MKR
672,880.39
1 MKR
1,345,760.79
5 MKR
6,728,803.95
10 MKR
13,457,607.9
50 MKR
67,288,039.49
100 MKR
134,576,078.98
500 MKR
672,880,394.89
1000 MKR
1,345,760,789.78

KZT to MKR

Amount20:13 today
0.5KZT0.{6}3715  MKR
1KZT0.{6}7431  MKR
5KZT0.{5}3715  MKR
10KZT0.{5}7431  MKR
50KZT0.{4}3715  MKR
100KZT0.{4}7431  MKR
500KZT0.0003715  MKR
1000KZT0.0007431  MKR
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Today vs. 24 hours ago

Amount20:13 today24 hours ago24h change
0.5 MKR$1,501.55$1,239.43
+21.15%
1 MKR$3,003.1$2,478.86
+21.15%
5 MKR$15,015.51$12,394.31
+21.15%
10 MKR$30,031.02$24,788.63
+21.15%
50 MKR$150,155.09$123,943.13
+21.15%
100 MKR$300,310.18$247,886.25
+21.15%
500 MKR$1,501,550.9$1,239,431.25
+21.15%
1000 MKR$3,003,101.8$2,478,862.5
+21.15%

Today vs. 1 month ago

Amount20:13 today1 month ago1M change
0.5 MKR$1,501.55$1,360.25
+10.39%
1 MKR$3,003.1$2,720.49
+10.39%
5 MKR$15,015.51$13,602.47
+10.39%
10 MKR$30,031.02$27,204.95
+10.39%
50 MKR$150,155.09$136,024.74
+10.39%
100 MKR$300,310.18$272,049.49
+10.39%
500 MKR$1,501,550.9$1,360,247.45
+10.39%
1000 MKR$3,003,101.8$2,720,494.9
+10.39%

Today vs. 1 year ago

Amount20:13 today1 year ago1Y change
0.5 MKR$1,501.55$385.79
+289.22%
1 MKR$3,003.1$771.57
+289.22%
5 MKR$15,015.51$3,857.87
+289.22%
10 MKR$30,031.02$7,715.75
+289.22%
50 MKR$150,155.09$38,578.74
+289.22%
100 MKR$300,310.18$77,157.47
+289.22%
500 MKR$1,501,550.9$385,787.35
+289.22%
1000 MKR$3,003,101.8$771,574.7
+289.22%

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.