The Kazakhstani Tenge is the official currency of Kazakhstan, introduced in 1993 to replace the Soviet ruble. It is abbreviated as KZT and is subdivided into 100 tiyn. The Tenge is issued by the National Bank of Kazakhstan and is used for all financial transactions within the country. The currency features various denominations, including coins and banknotes. The design of the Tenge reflects Kazakhstan's cultural heritage, showcasing national symbols and historical figures. The exchange rate of the Tenge can fluctuate based on economic conditions, making it important for residents and businesses to stay informed about its value.