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INIT to KZT Converter and calculator

INIT/KZT: 1 INIT = 376.02 KZT. The price of converting 1 Initia (INIT) to Kazakhstani Tenge (KZT) is 376.02 KZT today.
INIT
INIT
KZT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INIT to KZT real-time exchange rates, making it easy to convert Initia (INIT) to Kazakhstani Tenge (KZT). The conversion result is based on real-time data. The conversion result shows that 1 INIT is currently valued at 376.02 KZT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INIT is currently valued at 376.02 KZT, which means buying 5 INIT would cost 1880.09 KZT. Similarly, ₸1 KZT can be converted to 0.002659 INIT, and ₸50 KZT can be converted to 0.01330 INIT, excluding any platform or gas fees.

Initia (INIT) has been listed on Bitget spot trading market, you can quickly sell or buy INIT. Trading Link: INIT/USDT.

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Convert INIT to KZT

Convert KZT to INIT

Initia
Kazakhstani Tenge
10 INIT
3,760.17  KZT
20 INIT
7,520.34  KZT
50 INIT
18,800.86  KZT
100 INIT
37,601.72  KZT
200 INIT
75,203.43  KZT
500 INIT
188,008.58  KZT
1000 INIT
376,017.15  KZT
5000 INIT
1,880,085.75  KZT
10000 INIT
3,760,171.51  KZT
In the table above, you'll find a comprehensive INIT to KZT converter that shows the value of Initia in Kazakhstani Tenge across commonly used conversion amounts. The list covers conversions from 1 INIT to KZT, all the way up to 10000 INIT, providing a clear view of their respective values.
Kazakhstani Tenge
Initia
In the table above, you'll find a comprehensive KZT to INIT converter that shows the value of Kazakhstani Tenge in Initia across commonly used conversion amounts. The list covers conversions from 1 KZT to INIT, all the way up to 100000 KZT, providing a clear view of their respective values.

INIT to KZT chart

INIT/KZT: 1 INIT = 376.02 KZT; 2025/05/01 06:11:01
In the past 1D, Initia has changed -15.65% to KZT. Based on the trend and price charts, Initia(INIT) has changed -15.65% to KZT while Kazakhstani Tenge(KZT) has changed % to INIT in the last 24 hours.
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INIT to KZT conversion data: Volatility and price changes of Initia in KZT

The highest Initia price in KZT over the past 7 days was 490.12 KZT while the lowest Initia price in KZT over the past 7 days was 302.94 KZT. The relative change between the highs and lows in Initia price in KZT over the last 7 days indicates a volatility of %. You can view additional volatility data and INIT to KZT prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
439.66 KZT
490.12 KZT
490.12 KZT
490.12 KZT
Low
365.51 KZT
302.94 KZT
302.94 KZT
302.94 KZT
Average
0 KZT
0 KZT
0 KZT
0 KZT
Volatility
%
%
%
%
Change
-15.65%
+22.00%
+25.52%
+21.99%

Initia information

INIT to KZT market statistics

INIT/KZT:
₸376.02
INIT 24h volume:
₸105,155,406,210.21
INIT market cap:
₸55,932,550,223.9
INIT circulating supply:
148.75M INIT

Current INIT to KZT exchange rate

Initia to Kazakhstani Tenge is rising this week.
Initia's current market price is ₸376.02 per INIT, with a total market cap of ₸55,932,550,223.9 KZT based on a circulating supply of 148,750,000 INIT. The trading volume of Initia has changed by -50.85% (₸-108,809,063,494.89 KZT) in the last 24 hours. Last trading day, INIT's trading volume was ₸213,964,469,705.1.

More info about Initia on Bitget

Kazakhstani Tenge 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.

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

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How to convert INIT to KZT

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INIT to KZT
1 INIT to ₸376.02 KZT
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1 INIT to £0.5544 GBP
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INIT to KZT Conversion tables

The exchange rate of Initia is increasing.
The exchange rate of 1 INIT to Kazakhstani Tenge has changed by +22.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -15.65%, reaching a high of 439.66 KZT and a low of 365.51 KZT . One month ago, the value of 1 INIT was ₸1.99 KZT , which represents a +25.52% change from its current value. Over the last year, Initia has changed by
+
374.03KZT
, resulting in a change of +21.99% in its value.
24 hours ago1 month ago1 year ago
Amount06:11 am today24 hours ago24h change
0.5 INIT₸188.01₸222.71
-15.65%
1 INIT₸376.02₸445.42
-15.65%
5 INIT₸1,880.09₸2,227.08
-15.65%
10 INIT₸3,760.17₸4,454.17
-15.65%
50 INIT₸18,800.86₸22,270.83
-15.65%
100 INIT₸37,601.72₸44,541.65
-15.65%
500 INIT₸188,008.58₸222,708.27
-15.65%
1000 INIT₸376,017.15₸445,416.53
-15.65%

INIT to KZT FAQ

How much is 1 Initia in KZT?
Right now, the price of 1 Initia (INIT) in Kazakhstani Tenge (KZT) is ₸376.02.
How much INIT can I buy for 1 KZT?
Based on the current exchange rate, you can get 0.002659 INIT for 1 KZT.
How do I calculate or convert INIT to KZT?
You can use our INIT to KZT calculator at the top of this page to convert any amount of INIT to KZT. We've also included quick-reference tables for the most popular conversions. For example, 5 KZT is equivalent to 0.01330 INIT, while 5 INIT will cost around 1,880.09KZT.
What is the highest price of INIT/KZT in history?
The all-time high price of 1 INIT in KZT is ₸490.12. It remains to be seen if the value of 1 INIT/KZT will exceed the current all-time high.
What is the price trend of Initia in KZT?
Over the past 7 days, the exchange rate of Initia (INIT) has gone up by 22.00%.   Over the last month, the exchange rate of Initia (INIT) has gone up by 25.52% against Kazakhstani Tenge (KZT).

What factors influence the conversion rate of INIT to KZT?

There are many factors that affect the relationship between Initia and Kazakhstani Tenge, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of INIT/KZT. When there is positive news in the market about the widespread adoption of INIT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of INIT/KZT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in INIT/KZT.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of INIT/KZT. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Initia and adjust their investment strategies accordingly in the evolving market.

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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.