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New BitShares to Kazakhstani Tenge Converter and calculator

Convert 1New BitShares (NBS) to Kazakhstani Tenge (KZT) equals ₸ 0.03989 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of New BitShares(NBS) to Kazakhstani Tenge(KZT). This is the real-time data. The current conversion shows 1 NBS at a value of 1 NBS for 0.04 KZT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KZT information

About Kazakhstani Tenge (KZT)

The Kazakhstani Tenge (KZT), introduced in 1993, is a significant symbol of Kazakhstan's national identity and economic independence. It is commonly abbreviated as KZT and represented by the symbol ₸. Emerging after the dissolution of the Soviet Union, the Tenge marked a pivotal transition from a centrally planned economy to a market-oriented one.

Historical Background

The introduction of the Tenge was a crucial moment in post-Soviet Kazakhstan, signifying a break from the Russian Ruble and the commencement of a distinct monetary policy. It symbolized a new era of self-determination and was a crucial step in building the newly independent nation's economy.

Design and Symbolism

The design of the Kazakhstani Tenge is a rich tapestry of the country's history, culture, and aspirations. Banknotes and coins feature images of significant historical figures, like the poet Abai Kunanbaiuly and philosopher Al-Farabi, alongside landmarks and symbols representing Kazakhstan’s vast landscapes and cultural heritage. These designs not only facilitate transactions but also serve as a source of national pride and identity.

Economic Role

The Tenge plays a critical role in Kazakhstan’s economy, characterized by its vast natural resources, including oil, gas, and minerals. As the primary medium of exchange, it supports various sectors of the economy, facilitating trade, investment, and the daily financial transactions of individuals and businesses.

Monetary Policy and Inflation

Managed by the National Bank of Kazakhstan, the Tenge has faced challenges such as inflation and currency devaluation, particularly during periods of global economic instability. The central bank’s monetary policies focus on stabilizing the Tenge, which is crucial for maintaining economic confidence and fostering sustainable growth.

International Trade and the Kazakhstani Tenge

The Tenge’s exchange rate is an important factor in international trade, particularly for Kazakhstan's key exports in the energy and mining sectors. A stable Tenge is vital for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Kazakh citizens working abroad, particularly in Russia and Europe, are a notable source of foreign income. These remittances, converted into Tenge, play a significant role in supporting households and contributing to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular New BitShares currency pair is the NBS to KZT, with for New BitShares's currency code being NBS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KZT.

NBS to KZT conversion rate trend

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In the past 1D, New BitShares has changed -5.87% to KZT. Based on the trend and price charts, New BitShares(NBS) has changed -5.87% to KZT while Kazakhstani Tenge(KZT) has changed % to NBS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₸0.04039
0.0200% / 0.0320%vip-iconVIP 7
Huobi
₸0.03186
0.1000% / 0.1000%
Yes
Gate.io
₸0.03891
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 08:00:17(UTC+0)

How to buy New BitShares

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Buy New BitShares (NBS)
Use a variety of payment options to buy New BitShares on Bitget. We'll show you how.

Buy NBS (or USDT) for KZT (Kazakhstani Tenge) offers

Bitget P2P trading does not currently support direct buying of NBS with KZT. However, you can buy USDT in Bitget P2P trading first, and then buy NBS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell NBS (or USDT) for KZT (Kazakhstani Tenge) offers

Bitget P2P trading currently does not support direct selling of NBS to KZT. However, you can first exchange NBS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of New BitShares to Kazakhstani Tenge?

New BitShares to Kazakhstani Tenge is falling this week.
New BitShares's current market price is ₸ 0.03989 per NBS, with a total market cap of ₸ 104,012,416.93 KZT based on a circulating supply of 2,607,670,500 NBS. The trading volume of New BitShares has changed by -2.10% (₸ -605,790.60 KZT) in the last 24 hours. Last trading day, NBS's trading volume was ₸ 28,896,708.72.
Market cap
$199.14K
24h volume
$54.17K
Circulating supply
2.61B NBS

Conversion tables

The exchange rate of New BitShares is increasing.
1 NBS is currently valued at ₸ 0.03989 KZT , which means buying 5 NBS will cost ₸ 0.1994 KZT . Similarly, ₸1 KZT can be traded for 25.07 NBS, and ₸50 KZT can be converted to 1,253.54 NBS, excluding any platform or gas fees.
The exchange rate of 1 NBS to Kazakhstani Tenge has changed by -26.47% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.87%, reaching a high of 0.04239 KZT and a low of 0.03978 KZT . One month ago, the value of 1 NBS was ₸ 0.03393 KZT , which represents a +17.55% change from its current value. Over the last year, New BitShares has changed by
-
0.05799KZT
, resulting in a change of -59.25% in its value.

NBS to KZT

Amount
13:33 today
0.5 NBS
0.01994
1 NBS
0.03989
5 NBS
0.1994
10 NBS
0.3989
50 NBS
1.99
100 NBS
3.99
500 NBS
19.94
1000 NBS
39.89

KZT to NBS

Amount13:33 today
0.5KZT12.54  NBS
1KZT25.07  NBS
5KZT125.35  NBS
10KZT250.71  NBS
50KZT1,253.54  NBS
100KZT2,507.08  NBS
500KZT12,535.38  NBS
1000KZT25,070.76  NBS

Today vs. 24 hours ago

Amount13:33 today24 hours ago24h change
0.5 NBS$0.{4}3818$0.{4}4056
-5.87%
1 NBS$0.{4}7637$0.{4}8113
-5.87%
5 NBS$0.0003818$0.0004056
-5.87%
10 NBS$0.0007637$0.0008113
-5.87%
50 NBS$0.003818$0.004056
-5.87%
100 NBS$0.007637$0.008113
-5.87%
500 NBS$0.03818$0.04056
-5.87%
1000 NBS$0.07637$0.08113
-5.87%

Today vs. 1 month ago

Amount13:33 today1 month ago1M change
0.5 NBS$0.{4}3818$0.{4}3248
+17.55%
1 NBS$0.{4}7637$0.{4}6497
+17.55%
5 NBS$0.0003818$0.0003248
+17.55%
10 NBS$0.0007637$0.0006497
+17.55%
50 NBS$0.003818$0.003248
+17.55%
100 NBS$0.007637$0.006497
+17.55%
500 NBS$0.03818$0.03248
+17.55%
1000 NBS$0.07637$0.06497
+17.55%

Today vs. 1 year ago

Amount13:33 today1 year ago1Y change
0.5 NBS$0.{4}3818$0.{4}9370
-59.25%
1 NBS$0.{4}7637$0.0001874
-59.25%
5 NBS$0.0003818$0.0009370
-59.25%
10 NBS$0.0007637$0.001874
-59.25%
50 NBS$0.003818$0.009370
-59.25%
100 NBS$0.007637$0.01874
-59.25%
500 NBS$0.03818$0.09370
-59.25%
1000 NBS$0.07637$0.1874
-59.25%

New BitShares price prediction

What will the price of NBS be in 2025?

Based on NBS's historical price performance prediction model, the price of NBS is projected to reach $0.0001207 in 2025.

What will the price of NBS be in 2030?

In 2030, the NBS price is expected to change by +6.00%. By the end of 2030, the NBS price is projected to reach $0.0002402, with a cumulative ROI of +195.85%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between New BitShares and KZT.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as New BitShares and KZT. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of New BitShares in KZT, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.