Catalog
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| Issuer | National Bank of Kazakhstan |
|---|---|
| Year | 1992-1993 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | KM#6 |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Cyrillic |
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| Reverse description | Log in to see details |
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| Edge | Plain |
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| Additional information |
The tenge was introduced on November 15, 1993, replacing the Soviet ruble at a rate of 1 tenge to 500 rubles — a direct consequence of Russia's decision to exclude Kazakhstan from the new ruble zone earlier that year. Kazakhstan had little choice but to accelerate its own currency plans. The 1992-dated coins were produced in anticipation of the launch but held in reserve; by the time they entered circulation, the ruble had already collapsed so severely that even the smallest denomination represented meaningful purchasing power relative to what it replaced.