«We need to look into the past in order to understand the present and foresee the future»
N.A.Nazarbayev

The introduction of the national currency of the Republic of Kazakhstan - Tenge

The introduction of the national currency of the Republic of Kazakhstan - Tenge

Kazakhstani Tenge is the national currency of Kazakhstan. The general notation on the bills and coins is just Tenge. Republic of Kazakhstan has become one of the last countries of the CIS to implement the national currency. In 1991 a special design group was established: Mendybayev Alin, Dosbol Kasymov, Agimsaly Duzelkhanov, Timur Suleimenov and Khayrulla Gabzhalilov.

Coins of nominal 5, 10, 20, 50 and 2000 banknote were introduced. On November 15, 1993 the President of the Republic of Kazakhstan issued a decree “On introduction of the national currency of the Republic of Kazakhstan”. On November 15, 1993 tenge has been issued in the ratio of 1 tenge – 500 USSR rubles. In 1995, Kazakhstan has opened banknote factory.
The first batch of tenge was printed abroad, in England. The first fractional money - tiyn (1/100 part of tenge) - is in the form of banknotes of 1, 2, 5, 10, 20, 50 tiyn.
The first coins came from Germany.
In 1994, 200 tenge banknote, sample in 1993 and 500 tenge, sample in 1994;
In 1995, 1000 tenge banknote, sample in 1994;
In 1996, 2000 tenge banknote, sample in 1996;
In 1997, coins of 1, 5, 10, 20, 50 tenge (new design);
In 1999, 5,000 tenge banknote, sample in 1998;
In 2000, 200 and 500 tenge banknotes, sample in 1999 (amended design);
In 2001:
Banknotes of 1000 and 2000 tenge, sample in 2000 (amended design);
100 tenge banknote, sample in 2001 (partly modified design);
Commemorative banknote of 5000 tenge, sample in 2001, dedicated to the 10th anniversary of the independence of the Republic of Kazakhstan;
5000 tenge banknote, sample in 2001 (partially redesigned);
In 2002:
Coin of 100 tenge, sample in 2001;
Banknotes of 200 and 500 tenge, sample in 1999 (partly modified design)
In 2003 10,000 tenge banknote, sample in 2003;
In 2006 are available in the new design banknotes denominated from 200 to 10,000 tenge.
On January, 5 2010 some commemorative banknotes were issued in denominations of one thousand tenge sample in 2010, devoted to Kazakhstan's chairmanship in the OSCE.
On January, 17 the National Bank of Kazakhstan issued a commemorative banknote of 2000 tenge devoted to the continental games. The Seventh Asian Winter Games - "Asian Games 2011".
On May, 25 2011 a new commemorative banknote of 1000 tenge was put into circulation and it was devoted to Kazakhstan's chairmanship in the Organization of the Islamic Conference.
On July 4, 2011 to mark the 20th anniversary of the independence of the Republic, the National Bank of Kazakhstan has issued a commemorative banknot with the par value of 10,000 tenge.

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