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USDKZT

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    539.5954$
  • Previous Close
    535.0877$
  • 52 Week Change
    --
  • Day Range
    4.51$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

USDKZT.FOREX typically refers to the exchange rate between the United States Dollar (USD) and the Kazakhstani Tenge (KZT) in the foreign exchange (forex) market. This symbol represents the price of one US dollar in terms of Kazakhstani Tenge. For instance, if USDKZT.FOREX is quoted as 450.00, it means that one US dollar can be exchanged for 450 Kazakhstani Tenge. The forex market is decentralized and operates 24 hours a day, 5 days a week, allowing for the trading of currencies like USD and KZT continuously during those periods.
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Factors

Economic Growth: Strong US growth typically strengthens USD; conversely, strong Kazakh growth can strengthen KZT.

Interest Rates: Higher US interest rates attract capital, boosting USD; Kazakhstan's rates have similar effect on KZT.

Inflation: High US inflation weakens USD; high Kazakhstan inflation weakens KZT.

Geopolitical Risk: Global instability often favors USD as a safe haven; regional Kazakh instability weakens KZT.

Oil Prices: Kazakhstan is oil-export dependent, rising oil boosts KZT; USD less directly impacted.

Monetary Policy: US Federal Reserve actions influence USD value; National Bank of Kazakhstan impacts KZT.

Trade Balance: US trade surplus strengthens USD; Kazakhstan trade surplus strengthens KZT.

Capital Flows: Inflows into US boost USD; inflows into Kazakhstan boost KZT.

Government Debt: High US debt can weaken USD; high Kazakh debt weakens KZT.

Market Sentiment: Overall investor confidence influences both currencies; USD is often a safer bet.

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