Convert New Taiwan Dollar to Kazakhstani Tenge
Please provide values below to convert New Taiwan Dollar [TWD] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Kazakhstani Tenge
1 TWD = 0.0549178037666151 KZT
Example: convert 15 TWD to KZT:
15 TWD = 15 × 0.0549178037666151 KZT = 0.823767056499227 KZT
New Taiwan Dollar to Kazakhstani Tenge Conversion Table
New Taiwan Dollar | Kazakhstani Tenge |
---|
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.