Exchange rates for various currencies in Kazakhstan on 1st May:
Update on Exchange Rates for May 1, 2025
Got the scoop on the latest exchange rates for your favorite currencies against the Kazakhstani tenge, straight from the National Bank of Kazakhstan, as covered by Liter.kz.
Check out the official exchange rates for May 1, 2025:
- US Dollar (USD / KZT) - 512.34
- Euro (EUR / KZT) - 582.07
- British Pound (GBP / KZT) - 684.18
- United Arab Emirates Dirham (AED / KZT) - 139.50
- Chinese Yuan (CNY / KZT) - 70.53
- Turkish Lira (TRY / KZT) - 13.31
- Ukrainian Hryvnia (UAH / KZT) - 12.35
- Kyrgyz Som (KGS / KZT) - 5.86
- Russian Ruble (RUB / KZT) - 6.31
Curious about the exchange rates offered by local exchange offices in Almaty, Astana, and Shymkent? Here you go:
Almaty
- USD: 513.7 - 515.7 tenge;
- EUR: 581.5 - 585.5 tenge;
- RUB: 6.18 - 6.27 tenge.
Astana
- USD: 511 - 517 tenge;
- EUR: 580 - 587 tenge;
- RUB: 6.17 - 6.30 tenge.
Shymkent
- USD: 513 - 516 tenge;
- EUR: 584 - 587 tenge;
- RUB: 6.18 - 6.23 tenge.
Want to compare the rates from yesterday, April 30, 2025? Check this out here.
To give you a better understanding of the exchange rates, let's look at some enrichment data:
- As of May 1, 2025, the live market shows 1 USD ≈ 510.66–514.53 KZT, although some sources indicate a slightly stronger rate.[5]
- According to BCC Invest, the weighted average for USD/KZT was 518.31 earlier in the day, reflecting market volatility influenced by external economic pressures and oil price fluctuations.[2]
- For the month of May 2025, average rates are projected to range between 492.9 KZT (BCC Invest)[2] and 513 KZT (30rates)[4], indicating a wide variation in projections.
- The current economic climate aligns with a "pessimistic scenario" due to Brent crude oil prices dropping to $63/barrel, contributing to tenge depreciation.[2]
Remember, local exchange rates may slightly deviate from the official benchmark by 0.5–2% depending on factors such as liquidity and regional demand. For precise local rates, consult physical exchange offices or authorized banking apps.
Multi-currency conversions can be performed using the live table at X-Rates[1]. Just input your preferred currency alongside the Kazakhstani tenge to compare rates for major currencies like EUR and GBP.
Additional info to consider when looking at exchange rates:
- Oil price sensitivity: As Kazakhstan’s economy is heavily reliant on oil, fluctuations in Brent crude prices can impact the tenge's value.[2]
- Market overreaction: Recent volatility can be attributed to external factors, like geopolitical risks or trade shifts, leading to market overreactions.[2]
Stay tuned for more updates on Kazakhstan's exchange rates!
- The average industry projection for the USD/KZT exchange rate in May 2025 is expected to range between 513 KZT and the figures provided on May 1, 2025.
- In the banking-and-insurance sector, it is vital to consider the astana exchange office rates when comparing the USSR/KZT rates offered locally to the official benchmark.
- By 2025, it is advisable to try and keep track of the Turkish Lira (TRY/KZT) exchange rate, given its fluctuation on May 1, 2025, and potential impacts on the Kazakhstani economy.
- The finance market shows a significant variation in exchange rate predictions for 2025, as highlighted by the difference between the average rates suggested by BCC Invest (492.9 KZT) and 30rates (513 KZT).
