Kazakhstan is one of the last countries to withdraw from the USSR. And the newly independent state needed its own national currency. The Kazakh currency is called “tenge”. It was put into use on November 15, 1993.
History
Tenge got its name from Turkic medieval coins made of silver: “tanga” or “dengue”. It is from them that the very word “money” came from. The modern Kazakh currency continued the ancient history of the cities of Taraz and Otrar. It was in them in the 13th century that coins began to be minted.
The first national money of Kazakhstan was printed by the British company Harrison and Sons. This required a special factory. At that time, it was not in Kazakhstan. It opened only in 1995. Today, the Kazakh currency has 18 degrees of protection. The banking system of the state in modern times is very developed.
As a result, Kazakhstan fell into the ranks of the first at the global level in terms of the degree of protection of the state currency. November 15 in the state declared National Currency Day. And at the same time a professional holiday for financiers.
Currency design
Banknotes in 1, 3 and 5 tenge have dimensions 124 x 62 mm. The color of the front side is blue, gray-green and brown. All banknotes are watermarked with Kazakh ornaments. On the banknotes on the left side, under the face value, is an ornamental pattern. In the center of banknotes various famous figures, formulas, landscapes and architectural constructions are represented.
The Kazakh currency in denominations of 10, 20, 50, 100, 200, 500 and 1000 tenge has dimensions 144 x 69 mm. All bills are made on high quality white paper. The design of banknotes of each type of denomination is different, as well as their color scheme.
Banknotes in denominations of 5000 tenge have a size of 149 x 74 mm. Printed on white paper. The colors are dominated by purple and brown. On the front side is a portrait of the famous philosopher. Watermarks are located to his left . A metallized thread is stretched through the banknote , on which the number 5000 is printed and the inscription "Kazakhstan" is printed. This bill has additional anti-counterfeiting elements.
In 2006, a new-style Kazakh currency came into use. The protection has been improved and the design redesigned. The color palette and the size of banknotes have changed. This allows you to navigate the notes accurately. All banknotes are made in one style. On the front side - a vertical image and horizontal on the back. Baiterek, one of the symbols of Kazakhstan, is placed on the notes.
Kazakh currency, rate which is tied to the ruble, looks pretty pretty. Money in the form of coins was issued in 1993. They went into circulation in 1995. Coins are made of white nickel silver. On the obverse of coins in denominations of 1, 3 and 5 tenge is an image of a 16-coal ornamental outlet. The year of coinage is written on the left. And lower right - a large inscription TENGE. Along the contour of the coin is a bead rim with a protruding edge. The emblem of Kazakhstan and the national ornament are depicted on metal money in denominations of 10 and 20 tenge.
Denominations
Now in the everyday life of the state are banknotes of six denominations - from 200 to 10,000 tenge. Coins have 7 denominations - from 1 to 100 tenge. In parallel with ordinary metal money, collection, anniversary coins are minted. They are made of nickel silver, silver and gold. For example, in 2009, the Golden Leopard coin was issued. It is made of gold (999.9 samples and a nominal value of 500 tenge) and weighs 5 ounces.
Rate
How does the Kazakh currency relate to the ruble? In relation to Soviet money, the tenge exchange rate in 1993 was 1: 500. Now the exchange rate to the ruble is 5: 1, and the dynamics are practically unchanged.