Catalog
| Issuer | National Bank of Kazakhstan |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Tenge (1993-date) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Cyrillic |
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| Reverse lettering | 2 ТИЫН 1993 ҚҰБ (Translation: 2 Tiyn 1993 NBK) |
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| Additional information |
Kazakhstan declared independence from the Soviet Union in December 1991, but the newly sovereign republic continued using the Soviet ruble for nearly two years while monetary infrastructure was built from scratch. The tyin — one-hundredth of a tenge — was introduced alongside the tenge on November 15, 1993, giving Kazakhstan its first independent currency. The transition was handled deliberately: citizens had only three days to exchange rubles, a hard deadline designed to prevent ruble dumping from neighboring states flooding the new currency.
The brass composition of these lowest-denomination coins was quickly rendered irrelevant by inflation, and the tyin series effectively ceased to circulate within a few years of issue.