Convert Kazakhstani Tenge to Chinese Yuan
Convert Kazakhstani Tenge (KZT) to Chinese Yuan (CNY) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Kazakhstani Tenge
The Kazakhstani Tenge (KZT) became the official currency of Kazakhstan in November 1993, replacing the Soviet ruble following independence in 1991. Kazakhstan is Central Asia's largest and wealthiest economy, possessing enormous reserves of oil, natural gas, uranium (the world's top uranium producer), copper, zinc, and other minerals. The National Bank of Kazakhstan manages monetary policy. The tenge experienced significant devaluations in 2009 and 2015 in response to falling oil prices and the devaluation of the Russian ruble.
About Chinese Yuan
The Chinese Yuan (CNY), also known as the Renminbi (RMB, meaning "people's currency"), is the official currency of the People's Republic of China. Introduced in 1949 when the People's Republic was founded, it replaced multiple currencies issued by various warlords and governments. The People's Bank of China manages monetary policy using a managed floating exchange rate with reference to a basket of currencies. The yuan became an IMF Special Drawing Rights (SDR) reserve currency in 2016, recognising China's role as the world's second largest economy.
Quick Reference Table
| Kazakhstani Tenge (KZT) | Chinese Yuan (CNY) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).