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SCMPChina-EU trade, Xi touts ‘global influence’, Nato summit·Economic TimesWorld food prices ease for second month in June·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Economic TimesSensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains·SCMPAustralia expects to gain extra US$26 billion from exports after Iran war raises prices·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·SCMPChina-EU trade, Xi touts ‘global influence’, Nato summit·Economic TimesWorld food prices ease for second month in June·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Economic TimesSensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains·SCMPAustralia expects to gain extra US$26 billion from exports after Iran war raises prices·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·
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Kazakhstan

Kazakhstani Tenge (KZT)

32
Moderate
Risk
#104
of 171
Safer
than 39% of currencies
36
global avg score
$583
$1,000 in 5 years
Impact on Citizens

Citizens need their money to grow at least 12.9% per year to not lose purchasing power. Every KZT 100 saved today will only buy 90 worth of goods next year.See savings calculator ↓

Economic Indicators

Inflation Rate
11.4%
Debt to GDP
20.9%
GDP Growth
6.5%
Broad Money / GDP
33.1%

Banking & Stability

NPL Ratio
3.6%
Reserve Months
7.4
Current Account
-4.1%
FX Volatility
18.8

Governance & Markets

Rule of Law
Not available
Black Market Premium
Not available
Capital Controls
14.0
Peg Fragility
Not available

Currency Structure

Global Currency Role
70.0
FX Regime
managed float
Data Coverage
75.0%

Savings Impact Calculator

KZT
Holding cash in KZT11.4% inflation
KZT 583−KZT 417 (42% purchasing power lost)
Your KZT 1,000 buys 42% less in 5 years
What if you invested KZT 1,000 instead? (5yr, in KZT terms)
USD-denominated assets gain an additional ~8.4%/yr from expected KZT depreciation vs USD
Hold USD Cash
KZT 1300
+KZT 300
+5.4%/yr net in KZT
S&P 500
KZT 2326
+KZT 1326
range: KZT 1125KZT 4383
10% USD return + 8.4% FX · ±16% vol
Gold
KZT 2136
+KZT 1136
range: KZT 673KZT 5453
8% USD return + 8.4% FX · ±24% vol
Bitcoin
KZT 4223
+KZT 3223
range: KZT 315KZT 23.1k
25% USD return + 8.4% FX · ±54% vol

All values in KZT. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~8.4%/yr based on the inflation differential between Kazakhstan (11.4%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-07-03