Kazakhstan celebrates 30th anniversary of national currency

Kazakhstan celebrates 30th anniversary national currency

Astana, The Gulf Observer: Kazakhstan celebrates today, November 15, the 30th anniversary of the national currency, according to media reports.

Kazakhstan introduced its own currency, the tenge, on November 15, 1993, with an exchange rate of 1 tenge – 500 roubles of the USSR. On November 12, 1933, the First President of Kazakhstan Nursultan Nazarbayev signed a decree on putting into circulation the national currency, the tenge, in the territory of Kazakhstan since November 15, 1993.

November 15 is declared a professional holiday of the workers of the financial system of Kazakhstan.

Kazakhstani tenge is highly estimated worldwide. The tenge won its first IBNS Banknote of the Year Award in 2011 for its 10,000 tenge denomination banknote dated to the 20th anniversary of the independence of Kazakhstan.

An exhibition themed ‘Tenge-Symbol of Independence’ dedicated to the 30th anniversary of the national currency of Kazakhstan opened on the eve at the President’s Centre of Kazakhstan. It features the first tenge samples, investment and collector’s coins, and banknotes, as well as ancient coins dating back to the VIII-XIV centuries. More than 200 exponents are on display at large.