Swiss Franc in Kazakhstani Tenge

CHF Swiss Franc

Country of application:
Liechtenstein, Switzerland

Coin denominations in circulation:
5, 2 and 1 franc, as well as 50, 20, 10 and 5 rappen.

Denominations of banknotes in circulation:
1000, 200, 100, 50, 20 and 10 francs.

History reference:
The Swiss franc is the official currency of Switzerland. The history of the modern Swiss franc dates back to May 7, 1850. Until that day, the country did not have a single monetary system: 25 cantons... and half-cantons, 16 cities, and abbeys issued their own money. There were about 860 types of coins of various values and denominations in circulation. Moreover, most of the money circulation accounted for foreign money in general. The situation was changed by the constitution of 1848, in accordance with which a single national currency was introduced. Due to the flexible exchange rate, the strong development of the Swiss economy and the political stability of the country, the Swiss franc is one of the most stable currencies in the world, in high demand as a reserve. It traditionally refers to the currencies of tax havens or offshore zones, with zero inflation and legally fixed gold and foreign exchange reserves of at least 40%. However, this condition, introduced in the 1920s, was abolished on 1 May 2000 due to amendments to the Swiss Constitution. The high confidence of international investors is the reason for the upward trend in the exchange rate of the franc against most other national currencies.

KZT Kazakhstani Tenge

Country of application:
Kazakhstan

Coin denominations in circulation:
50, 20, 10 and 5 tiyn.

Denominations of banknotes in circulation:
10 thousand, 5 thousand, 2 thousand, 1 thousand, 500 and 200 tenge.

History reference:
Kazakhstani (Kazakh) tenge is the national currency of Kazakhstan. The history of the Kazakhstani tenge begins on November 15, 1993, when the currency was put into circulation. Prior to this, residen...ts used different currency means. The last currency used is the Soviet ruble, which was in the country when Kazakhstan was part of the USSR. According to archaeologists, the first money that appeared on the territory of Kazakhstan is of Chinese origin. And this is not surprising, since the country was located on the Great Silk Road connecting Europe and Asia. Since the 6th century, coins of Turkic rulers have appeared in circulation. And from the 8th century, the steppe nomads of the region were invaded by the Arabs and settlements began to be carried out in silver dirhems. The first mints appeared in such ancient cities as Baraba, Ispidzhab, Taraz. The raw material for minting was the local silver mines located in the upper reaches of the Talas and Akhangaran rivers.