Over the past few weeks, the tenge has strengthened against the US dollar. Several factors are influencing this trend: rising raw material prices, high exporter activity and a general inflow of foreign currency earnings into the local market.
What does this mean for customers?
For market participants, individuals and companies – this is a period when the market situation changes faster than usual and a window of opportunity opens up:
- If you are considering purchasing US dollars or another currency, the current exchange rate dynamics may be one of the factors to consider when evaluating and conducting the transaction.
- If you are planning to exchange currency in the future and anticipate a possible change in the exchange rate, it is useful to determine a comfortable level for yourself in advance and set up notifications in the BCC.KZ FX exchanger — this helps you make decisions calmly and in a timely manner.
Consider the currency exchange option today, especially if:
- You expect expenditure in dollars (e.g. travel, repairs, imports)
- You have dollar assets and want to fix the exchange rate.
- You work with a currency fee or convert your budget into USD/KZT
We will continue to monitor market changes and update our analytics in the FX-exchange news section.