Convert Kazakhstani Tenge to Saudi Riyal
Please provide values below to convert Kazakhstani Tenge [KZT] to Saudi Riyal [SAR], or Convert Saudi Riyal to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Saudi Riyal
1 KZT = 142.588853333333 SAR
Example: convert 15 KZT to SAR:
15 KZT = 15 × 142.588853333333 SAR = 2138.8328 SAR
Kazakhstani Tenge to Saudi Riyal Conversion Table
| Kazakhstani Tenge | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.