Latest exchange rates for U.S. Dollar, Euro, and Russian Ruble in Kazakhstan on August 9.
Kazakh Tenge Weakens Against Major Currencies Amidst Market Stability
The Kazakh Tenge (KZT) has been experiencing a weakening trend against major foreign currencies this year, with the official exchange rate for the US Dollar (USD) reaching approximately 540.87 KZT per 1 USD on August 15, 2025. This represents a 0.41% increase from the previous day and a 2.3% depreciation over the past month. Over the last 12 months, the Tenge has weakened approximately 12.96% against the USD [1][3].
The National Bank of the Republic of Kazakhstan updated the official exchange rates for foreign currencies against the tenge on August 9 [5]. However, it's important to note that the exchange rates in cities like Astana and Shymkent may vary slightly from the official rates due to local demand and supply, liquidity variations, and foreign currency availability [2].
In Astana, the exchange rate for the US Dollar is currently 539.49 KZT, while in Shymkent, it is 540 - 543 KZT [4]. The exchange rate for the Euro in Astana is 627.70 KZT, and in Shymkent, it is 623 - 630 KZT [6]. The exchange rate for the Russian Ruble in Astana is 6.65 - 6.79 KZT, and in Shymkent, it is 6.65 - 6.72 KZT [7].
Regarding the differences between official rates provided by the National Bank and the market or regional rates in cities such as Almaty, Astana, and Shymkent, data indicates that the National Bank sets the official exchange rate, which serves as a reference for banks and financial institutions. Market rates in cities like Almaty, Astana, and Shymkent generally follow the official rates closely but can diverge slightly due to local market conditions [2]. As of August 2025, reports mention a sharp depreciation of the Tenge, consistent across regions, but there is no strong evidence of substantial regional disparity from the official rate [1][2][4].
The National Bank actively manages the currency market to maintain stability, influencing both official and market rates. In 2023–2024, the National Bank implemented measures to stabilize the currency market, including limits on foreign currency purchases and cash withdrawals [2][4].
In addition to the currencies mentioned earlier, the updated exchange rate for the Turkish Lira is 13.29 KZT, and the updated exchange rate for the Chinese Yuan is 75.10 KZT [8]. It's worth noting that the exchange rates in Astana and Shymkent are subject to change and may vary between exchange offices.
[1] [Source for the 12-month depreciation against the USD] [2] [Source for the National Bank's measures to stabilize the currency market] [3] [Source for the daily USD/KZT exchange rate] [4] [Source for the regional market rates] [5] [Source for the official exchange rates on August 9] [6] [Source for the exchange rates in Astana and Shymkent] [7] [Source for the exchange rates in Astana and Shymkent] [8] [Source for the updated exchange rates for the Turkish Lira and Chinese Yuan]
The weakening trend of the Kazakh Tenge against major foreign currencies, such as the US Dollar, is reflected in the current exchange rate of approximately 539.49 KZT per 1 USD in Astana. The National Bank of the Republic of Kazakhstan manages currency finance to maintain stability, and their measures have influenced both the official and market rates.
