The tenge (/ˈtɛŋɡeɪ/[2] or /tɛŋˈɡeɪ/;[3] Kazakh: теңге, teñge [tʲeŋˈɡʲe]; Russian: тенге; sign: ₸ ; code: KZT) is the currency of Kazakhstan.It continued to ship Soviet notes and coins to the central banks of the eleven newly independent countries, which had formerly been the main branches of Gosbank in the republics.The Russian central bank responded in July 1992 by setting up restrictions to the flow of credit between Russia and other states.In 1991 a "special group" of designers was set up: Mendybay Alin, Timur Suleymenov, Asimsaly Duzelkhanov and Khayrulla Gabzhalilov.In February 2019, Kazakh President Nursultan Nazarbayev signed a bill into law that would remove all Russian captions from future tenge banknotes and coins.[6] The word tenge in Kazakh and in most other Turkic languages means a set of scales (cf the old Uzbek tenga or the Tajik borrowed term tanga).[8] In autumn 2006 the National Bank of Kazakhstan organised a competition for a unique symbol for the currency and received over 30,000 applications.All denominations depict the Bayterek monument, the flag of Kazakhstan, the Coat of arms, the handprint with a signature of president Nursultan Nazarbayev and fragments of the national anthem.Named "Saka", the series will introduce notes issued in a reduced size, drop the Russian language, and incorporate many new security features for all six denominations.Banknotes of the previous series will cease to be legal tender after the release of each denomination, and will be redeemable at banks and post offices for up to three years.[26] Since 2008, a number of commemorative designs have been issued, including notes celebrating the 2011 Asian Winter Games hosted in Astana.The commemorative note features images of the first president of Kazakhstan, "Elbasy" Nursultan Nazarbayev, the Akorda Presidential Palace, a view of the capital city of Astana and the official logo for the celebrations.[29] On 2 September 2013, the National Bank of Kazakhstan moved the tenge from a managed float and pegged it to the US dollar and the Russian ruble.[30] On 11 February 2014, the Kazakh National Bank chose to devalue the tenge by 19% against the U.S. dollar in response to a weakening of the Russian ruble.
₸1, ₸2, ₸5, ₸10, ₸20, ₸50 and ₸100 coins of the second series.
New symbol of tenge (₸) used on info-board of a currency exchange office in
Almaty
200 tenge (old design)
Some ₸2,000 notes spelled the word
банкі
(bank) incorrectly as
банқі
.