10 000 Tenge

Kazakhstan's 10,000 Tenge note entered circulation as the highest denomination in the series during a period when the tenge was under sustained pressure from falling oil revenues — the country's fiscal position being tightly coupled to Brent crude. The 2015 devaluation, which saw the tenge lose roughly 35% of its value against the dollar almost overnight after the central bank abandoned its managed float, significantly eroded the real purchasing power this denomination once represented.

Printed on cotton substrate by Kazakhstani security printers, the note belongs to a series that ran across nearly a decade with only minor security updates between printings.