Exchange rates for various currencies on the 31st of May and 1st of June
Trading concluded on June 1, 2025, with the average dollar rate standing at 510.82 tenge, marking an increase of 1.7 tenge from the previous day. The euro's average price also saw a surge, reaching 579.34 tenge, an increase of 5.34 tenge. The average Russian ruble rate remained fairly stable, closing at 6.48 tenge, a mere 0.03 tenge increase. Contrarily, the average Chinese yuan rate began the day at 70.73 tenge, dipping by 0.10 tenge.
Exchange offices reported buying or selling dollars between 510 and 512.3 tenge, euros between 579 and 583 tenge, and rubles at a rate of 6.39 to 6.51 tenge.
On May 30, the National Bank established the day's opening rates for the dollar at 509.26 tenge, the euro at 574.75 tenge, and the ruble at 6.46 tenge.
The recent trends and fluctuations in the exchange rates of the United States dollar, Euro, Russian ruble, and Chinese yuan against the Kazakhstani tenge reveal a complex interplay of global economic conditions, commodity prices, and regional geopolitics. Although specific daily KZT rates for these currencies were not provided in the search results, regional influences, such as Kazakhstan's ties with Russia and China, significantly impact these exchange rates.
The United States dollar's exchange rate with the tenge is expected to display moderate stability with occasional fluctuations due to global economic events and Kazakhstan's economic policies. The euro's strength against the USD has shown some volatility, leading to corresponding fluctuations in EUR/KZT exchange rates. The Russian ruble's exchange rate with the tenge tends to be influenced by economic and geopolitical factors affecting both countries. Lastly, the Chinese yuan's continued strengthening against the USD implies a relative appreciation of the yuan compared to the tenge.
To obtain the most accurate and up-to-date figures, consulting Kazakhstan's official monetary authorities or financial market data platforms is recommended.
I will monitor the finance market to keep track of the exchange rates between the United States dollar and the Kazakhstani tenge, and adjust my strategies accordingly. On the days following June 1, 2025, I plan to exchange my funds at a favorable rate to maximize my savings.
