Kazakhstani Tenge (KZT) to USD — Kazakhstan Parallel Market Rate
By the ETCurrency rates deskUpdated hourly from P2P & exchange-market dataHow we calculate rates
As of October 19, 2026, one US dollar costs about 458 KZT on the Kazakhstan parallel market, so the Kazakhstani Tenge is worth roughly $0.00218 each. In practical terms, 1,000 KZT ≈ $2.18 and 100,000 KZT ≈ $218.34 at the street rate, versus the official National Bank of Kazakhstan (NBK) rate of about 452 KZT per dollar.
The tenge floats but moves closely with oil and the Russian ruble; exchange offices (obmen) quote a street rate near the official one.
How much is the Kazakhstani Tenge worth in US dollars today?
Because the parallel market prices the dollar at about 458 KZT, you divide any Kazakhstani Tenge amount by that figure to get its dollar value. For example, 10,000 KZT ≈ $21.83, 50,000 KZT ≈ $109.17, and 1,000,000 KZT ≈ $2,183. At the official rate the same Kazakhstani Tenge would convert to slightly more dollars on paper — but only if you can actually access dollars at that rate.
This is why the parallel rate matters for anyone holding Kazakhstani Tenge: it shows the real, market-clearing dollar value rather than an official rate that may be hard to obtain.
Why the KZT to USD street rate differs from the bank
When you convert Kazakhstani Tenge to dollars at a bank, you get the official National Bank of Kazakhstan (NBK) rate — if dollars are available. On the parallel market the dollar is dearer, driven by factors such as oil-price swings, spillover from the Russian ruble, dollar demand, so each Kazakhstani Tenge fetches fewer dollars there.
Today that difference is a very small premium of roughly 1.3%. The larger this gap, the more the official rate overstates what your Kazakhstani Tenge is really worth in dollars.
Converting Kazakhstani Tenge to dollars safely
Use our converter to turn any Kazakhstani Tenge amount into USD at the live parallel rate, and compare it side by side with the official rate. Exchange-rate figures here are aggregated from P2P platforms, community reports and market monitoring, and refreshed hourly.
These rates are published for information and price-transparency only — they are not an offer to trade and are not legal or financial advice. Many countries require foreign-currency transactions to go through licensed channels, so confirm the rules in Kazakhstan and use reputable providers before converting any Kazakhstani Tenge to dollars.