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The tenge is the currency of Kazakhstan. It is divided into 100 tiyin. It was introduced on 15th of November 1993 to replace the Soviet ruble at a rate of 1 tenge = 500 rubles. The ISO-4217 code is KZT.
The word tenge in the Kazakh and most other Turkic languages means a set of scales. The origin of the word is the Turkic teğ- which means being equal, balance. The name of this currency is thus similar to the lira, pound and peso. The name of the currency is related to the Russian word for money Russian: деньги / den'gi/, which was borrowed from Turkic.
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