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VeChain to Kazakhstani Tenge Converter and calculator

Convert 1VeChain (VET) to Kazakhstani Tenge (KZT) equals ₸ 18.67 | 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 VeChain(VET) to Kazakhstani Tenge(KZT). This is the real-time data. The current conversion shows 1 VET at a value of 1 VET for 18.67 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 VeChain currency pair is the VET to KZT, with for VeChain's currency code being VET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KZT.

VET to KZT conversion rate trend

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In the past 1D, VeChain has changed +0.06% to KZT. Based on the trend and price charts, VeChain(VET) has changed +0.06% to KZT while Kazakhstani Tenge(KZT) has changed % to VET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₸18.67
0.0001% / 0.0004%vip-iconVIP
Binance
₸18.72
0.1000% / 0.1000%
Yes
Huobi
₸18.72
0.1000% / 0.1000%
Yes
Gate.io
₸18.71
0.1000% / 0.1000%
Yes
KuCoin
₸18.71
0.1000% / 0.1000%
Yes
Bitfinex
₸18.98
0.1000% / 0.1000%
Yes
Last updated 2024/04/24 08:00:36(UTC+0)

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

VeChain to Kazakhstani Tenge is rising this week.
VeChain's current market price is ₸ 18.67 per VET, with a total market cap of ₸ 1,357,775,827,534.08 KZT based on a circulating supply of 72,714,520,000 VET. The trading volume of VeChain has changed by +8.14% (₸ 2,207,691,562.15 KZT) in the last 24 hours. Last trading day, VET's trading volume was ₸ 27,114,855,835.78.
Market cap
$3.06B
24h volume
$66.13M
Circulating supply
72.71B VET

Conversion tables

The exchange rate of VeChain is decreasing.
1 VET is currently valued at ₸ 18.67 KZT , which means buying 5 VET will cost ₸ 93.36 KZT . Similarly, ₸1 KZT can be traded for 0.05355 VET, and ₸50 KZT can be converted to 2.68 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Kazakhstani Tenge has changed by +4.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.06%, reaching a high of 19.17 KZT and a low of 18.4 KZT . One month ago, the value of 1 VET was ₸ 19.09 KZT , which represents a -2.21% change from its current value. Over the last year, VeChain has changed by
+
9KZT
, resulting in a change of +93.12% in its value.

VET to KZT

Amount
09:08 am today
0.5 VET
9.34
1 VET
18.67
5 VET
93.36
10 VET
186.73
50 VET
933.63
100 VET
1,867.27
500 VET
9,336.35
1000 VET
18,672.69

KZT to VET

Amount09:08 am today
0.5KZT0.02678  VET
1KZT0.05355  VET
5KZT0.2678  VET
10KZT0.5355  VET
50KZT2.68  VET
100KZT5.36  VET
500KZT26.78  VET
1000KZT53.55  VET
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Today vs. 24 hours ago

Amount09:08 am today24 hours ago24h change
0.5 VET$0.02105$0.02104
+0.06%
1 VET$0.04211$0.04208
+0.06%
5 VET$0.2105$0.2104
+0.06%
10 VET$0.4211$0.4208
+0.06%
50 VET$2.11$2.1
+0.06%
100 VET$4.21$4.21
+0.06%
500 VET$21.05$21.04
+0.06%
1000 VET$42.11$42.08
+0.06%

Today vs. 1 month ago

Amount09:08 am today1 month ago1M change
0.5 VET$0.02105$0.02153
-2.21%
1 VET$0.04211$0.04306
-2.21%
5 VET$0.2105$0.2153
-2.21%
10 VET$0.4211$0.4306
-2.21%
50 VET$2.11$2.15
-2.21%
100 VET$4.21$4.31
-2.21%
500 VET$21.05$21.53
-2.21%
1000 VET$42.11$43.06
-2.21%

Today vs. 1 year ago

Amount09:08 am today1 year ago1Y change
0.5 VET$0.02105$0.01091
+93.12%
1 VET$0.04211$0.02182
+93.12%
5 VET$0.2105$0.1091
+93.12%
10 VET$0.4211$0.2182
+93.12%
50 VET$2.11$1.09
+93.12%
100 VET$4.21$2.18
+93.12%
500 VET$21.05$10.91
+93.12%
1000 VET$42.11$21.82
+93.12%

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.