Convert Philippine Peso to Kazakhstani Tenge
Please provide values below to convert Philippine Peso [PHP] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Philippine Peso.
How to Convert Philippine Peso to Kazakhstani Tenge
1 PHP = 0.10649228869129 KZT
Example: convert 15 PHP to KZT:
15 PHP = 15 × 0.10649228869129 KZT = 1.59738433036935 KZT
Philippine Peso to Kazakhstani Tenge Conversion Table
| Philippine Peso | Kazakhstani Tenge |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.