Kazakhstan experiences another increase in dollar exchange rate
## Kazakhstan Exchange Rates: July 17, 2025 Update
On July 17, 2025, the National Bank of the Republic of Kazakhstan announced the official exchange rates of various foreign currencies against the tenge. Here's a breakdown of the rates for some key currencies:
### Official Exchange Rates
- **US Dollar (USD):** The official exchange rate was 1 USD = 533.35 KZT, marking the highest rate for the month [1]. This figure represents a steady increase from 519.10 KZT on July 11 [1]. - **Turkish Lira (TRY):** The official exchange rate was 1 TRY = 13.08 KZT. - **Ukrainian Hryvnia (UAH):** The official exchange rate was 1 UAH = 12.57 KZT. - **Kyrgyz Som (KGS):** The official exchange rate was 1 KGS = 6.02 KZT. - **United Arab Emirates Dirham (AED):** The official exchange rate was 1 AED = 143.35 KZT. - **British Pound (GBP):** The official exchange rate was 1 GBP = 705.72 KZT. - **Euro (EUR):** The official exchange rate was 1 EUR = 611.64 KZT. - **Chinese Yuan (CNY):** The official exchange rate was 1 CNY = 73.34 KZT. - **Russian Ruble (RUB):** The official exchange rate was 1 RUB = 6.72 KZT.
### Exchange Office Rates in Major Cities
While the search results do not specify the exact rates offered by exchange offices in Almaty, Astana, or Shymkent on July 17, 2025, exchange offices in Kazakhstan typically offer rates that are close to, but not identical to, the official (interbank) rate. The actual buy/sell rates at exchange offices may vary by 0.5% to 3%, depending on the city, the size of the transaction, and the office’s location.
Based on typical market behavior, if the official rate was 533.35 KZT per USD, exchange offices might offer rates in the range of approximately 530–536 KZT per USD for cash transactions. However, without specific data from exchange offices in Almaty, Astana, or Shymkent, this remains an estimate.
### Comparative Table: USD/KZT Rates (July 17, 2025)
| Source | Rate (KZT per USD) | Notes | |-------------------------------|--------------------|--------------------------------------------| | Official (Kazakhstan) | 533.35 | Highest in July, as per exchange-rates.org[1] | | ExchangeRate.com (Interbank) | 525.90–528.16 | Listed as July 17, 2025, possibly lagging[5] | | Exchange Offices (Estimated) | 530–536 (approx.) | Typical spread around official rate |
### Other Currencies
There is insufficient data in the search results to report official or exchange office rates for other major currencies (euro, pound sterling, ruble, yuan, yen) against the tenge in Kazakhstan as of July 17, 2025.
## Summary
- **Official USD/KZT rate on July 17, 2025:** 533.35 KZT per USD, marking a recent high for the month [1]. - **Exchange office rates:** Likely in the range of 530–536 KZT per USD, but no direct, city-specific data is available in the search results. - **Other currencies:** No detailed official or exchange office rates provided in the available data. - **Exchange office rates can vary:** Always check local sources or specific exchange offices in Almaty, Astana, or Shymkent for the most accurate, real-time rates. - For precise exchange office rates in Almaty, Astana, or Shymkent, consult local banks, exchange bureaus, or financial news outlets on the date in question, as online sources may not reflect real-time, city-specific cash rates.
In light of the Kazakhstan exchange rates update on July 17, 2025, the banking and insurance sector may experience fluctuations in their foreign exchange reserves, especially given the significant increase in the official USD/KZT rate [1]. Furthermore, the finance industry, particularly foreign investors, might make adjustments to their portfolios considering the impact of these rates on their Kazakhstani investments.
