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base info OKB

OKB to Kazakhstani Tenge Converter and calculator

Convert 1OKB (OKB) to Kazakhstani Tenge (KZT) equals ₸ 24,705.49 | 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 OKB(OKB) to Kazakhstani Tenge(KZT). This is the real-time data. The current conversion shows 1 OKB at a value of 1 OKB for 24,705.49 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 OKB currency pair is the OKB to KZT, with for OKB's currency code being OKB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KZT.

OKB to KZT conversion rate trend

1D7D1M3M1YAll
In the past 1D, OKB has changed +1.45% to KZT. Based on the trend and price charts, OKB(OKB) has changed +1.45% to KZT while Kazakhstani Tenge(KZT) has changed % to OKB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₸24,705.49
0.0001% / 0.0004%vip-iconVIP
OKX
₸24,716.74
0.080% / 0.100%
Yes
Gate.io
₸24,689.97
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 16:00:23(UTC+0)

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

OKB to Kazakhstani Tenge is falling this week.
OKB's current market price is ₸ 24,705.49 per OKB, with a total market cap of ₸ 1,482,329,204,909.55 KZT based on a circulating supply of 60,000,000 OKB. The trading volume of OKB has changed by -28.49% (₸ -1,536,623,515.27 KZT) in the last 24 hours. Last trading day, OKB's trading volume was ₸ 5,393,553,932.17.
Market cap
$3.32B
24h volume
$8.64M
Circulating supply
60.00M OKB

Conversion tables

The exchange rate of OKB is decreasing.
1 OKB is currently valued at ₸ 24,705.49 KZT , which means buying 5 OKB will cost ₸ 123,527.43 KZT . Similarly, ₸1 KZT can be traded for 0.{4}4048 OKB, and ₸50 KZT can be converted to 0.002024 OKB, excluding any platform or gas fees.
The exchange rate of 1 OKB to Kazakhstani Tenge has changed by -2.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.45%, reaching a high of 24,989.25 KZT and a low of 24,252.66 KZT . One month ago, the value of 1 OKB was ₸ 26,556.48 KZT , which represents a -6.96% change from its current value. Over the last year, OKB has changed by
+
288.27KZT
, resulting in a change of +7.04% in its value.

OKB to KZT

Amount
16:18 today
0.5 OKB
12,352.74
1 OKB
24,705.49
5 OKB
123,527.43
10 OKB
247,054.87
50 OKB
1,235,274.33
100 OKB
2,470,548.67
500 OKB
12,352,743.34
1000 OKB
24,705,486.68

KZT to OKB

Amount16:18 today
0.5KZT0.{4}2024  OKB
1KZT0.{4}4048  OKB
5KZT0.0002024  OKB
10KZT0.0004048  OKB
50KZT0.002024  OKB
100KZT0.004048  OKB
500KZT0.02024  OKB
1000KZT0.04048  OKB
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Today vs. 24 hours ago

Amount16:18 today24 hours ago24h change
0.5 OKB$27.68$27.29
+1.45%
1 OKB$55.36$54.57
+1.45%
5 OKB$276.82$272.86
+1.45%
10 OKB$553.65$545.72
+1.45%
50 OKB$2,768.24$2,728.58
+1.45%
100 OKB$5,536.48$5,457.17
+1.45%
500 OKB$27,682.39$27,285.83
+1.45%
1000 OKB$55,364.78$54,571.67
+1.45%

Today vs. 1 month ago

Amount16:18 today1 month ago1M change
0.5 OKB$27.68$29.76
-6.96%
1 OKB$55.36$59.51
-6.96%
5 OKB$276.82$297.56
-6.96%
10 OKB$553.65$595.13
-6.96%
50 OKB$2,768.24$2,975.64
-6.96%
100 OKB$5,536.48$5,951.28
-6.96%
500 OKB$27,682.39$29,756.42
-6.96%
1000 OKB$55,364.78$59,512.85
-6.96%

Today vs. 1 year ago

Amount16:18 today1 year ago1Y change
0.5 OKB$27.68$25.86
+7.04%
1 OKB$55.36$51.72
+7.04%
5 OKB$276.82$258.59
+7.04%
10 OKB$553.65$517.19
+7.04%
50 OKB$2,768.24$2,585.94
+7.04%
100 OKB$5,536.48$5,171.88
+7.04%
500 OKB$27,682.39$25,859.39
+7.04%
1000 OKB$55,364.78$51,718.78
+7.04%

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.