Money

Currency : Tenge (T) = 100 tiyin. Notes are in denominations of T5000, 2000, 1000, 500, 200, 100, 50, 20, 10, 5, 2 and 1, and 20, 10, 5, 3 and 1 tiyin. Coins are in denominations of T100, 50, 20, 10 and 1.

Currency exchange :
The national currency, the Tenge, may only be obtained within Kazakhstan. Conversion of the Tenge back into hard currency may prove difficult. Foreign currency should only be exchanged at official bureaux and all transactions must be recorded on the currency declaration form which is issued on arrival. It is wise to retain all exchange receipts, although they are seldom inspected. Unless travelling with a licensed tourist company, in which case accommodation, transport and meals are paid before departure, money should be brought in US Dollars cash and exchanged when necessary.

Credit & debit cards :
Major European and international credit cards, including Visa and Diners Club, are accepted in the larger hotels in Almaty and in major shops and restaurants. Facilities exist for credit-card cash withdrawals in Kazakhstan.

Travellers cheques : To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars.

Exchange rate indicators :
The following figures are included as a guide to the movements of the Tenge against Sterling and the US Dollar.

 Date

Feb 03 May 03 Aug 03 Nov 03

 1.00 =

242.46 246.43 238.33 250.47

 $1.00 =

152.28 150.49 149.40 147.60

Currency restrictions : The import and export of local currency and import of foreign currency is unlimited provided declared on arrival. The export of foreign currency is limited to the amount imported. Special bank permission is required for all amounts exceeding this.

Banking hours : Mon-Fri 0930-1730. Banks close for lunch 1300-1400. All banks are closed Sat-Sun.

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Information provided by Kazakstan Tourism Board.

 

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