Convert Kazakhstani Tenge to Bulgarian Lev
Please provide values below to convert Kazakhstani Tenge [KZT] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Bulgarian Lev
1 KZT = 320.645358599184 BGN
Example: convert 15 KZT to BGN:
15 KZT = 15 × 320.645358599184 BGN = 4809.68037898777 BGN
Kazakhstani Tenge to Bulgarian Lev Conversion Table
Kazakhstani Tenge | Bulgarian Lev |
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.