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PRL to KZT Converter and calculator

PRL/KZT: 1 PRL = 0.2883 KZT. The price of converting 1 The Parallel (PRL) to Kazakhstani Tenge (KZT) is 0.2883 KZT today.
PRL
PRL
KZT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRL to KZT real-time exchange rates, making it easy to convert The Parallel (PRL) to Kazakhstani Tenge (KZT). The conversion result is based on real-time data. The conversion result shows that 1 PRL is currently valued at 0.29 KZT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRL is currently valued at 0.29 KZT, which means buying 5 PRL would cost 1.44 KZT. Similarly, ₸1 KZT can be converted to 3.47 PRL, and ₸50 KZT can be converted to 17.35 PRL, excluding any platform or gas fees.

Convert PRL to KZT

Convert KZT to PRL

The Parallel
Kazakhstani Tenge
5000 PRL
1,441.27  KZT
10000 PRL
2,882.53  KZT
In the table above, you'll find a comprehensive PRL to KZT converter that shows the value of The Parallel in Kazakhstani Tenge across commonly used conversion amounts. The list covers conversions from 1 PRL to KZT, all the way up to 10000 PRL, providing a clear view of their respective values.
Kazakhstani Tenge
The Parallel
10000 KZT
34,691.74 PRL
50000 KZT
173,458.72 PRL
100000 KZT
346,917.43 PRL
In the table above, you'll find a comprehensive KZT to PRL converter that shows the value of Kazakhstani Tenge in The Parallel across commonly used conversion amounts. The list covers conversions from 1 KZT to PRL, all the way up to 100000 KZT, providing a clear view of their respective values.

PRL to KZT chart

PRL/KZT: 1 PRL = 0.2883 KZT; 2025/04/26 16:52:52
In the past 1D, The Parallel has changed -0.19% to KZT. Based on the trend and price charts, The Parallel(PRL) has changed -0.19% to KZT while Kazakhstani Tenge(KZT) has changed % to PRL in the last 24 hours.
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PRL to KZT conversion data: Volatility and price changes of The Parallel in KZT

The highest The Parallel price in KZT over the past 7 days was 0.2889 KZT while the lowest The Parallel price in KZT over the past 7 days was 0.2871 KZT. The relative change between the highs and lows in The Parallel price in KZT over the last 7 days indicates a volatility of %. You can view additional volatility data and PRL 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
0.2888 KZT
0.2889 KZT
0.2924 KZT
0.2973 KZT
Low
0.2879 KZT
0.2871 KZT
0.2871 KZT
0.2871 KZT
Average
0 KZT
0 KZT
0 KZT
0 KZT
Volatility
%
%
%
%
Change
-0.19%
+0.01%
-1.37%
-1.21%

The Parallel information

PRL to KZT market statistics

PRL/KZT:
₸0.2883
PRL 24h volume:
--
PRL market cap:
--
PRL circulating supply:
0 PRL

Current PRL to KZT exchange rate

The Parallel to Kazakhstani Tenge is rising this week.
The Parallel's current market price is ₸0.2883 per PRL, with a total market cap of ₸0 KZT based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by 0.00% (₸0 KZT) in the last 24 hours. Last trading day, PRL's trading volume was ₸0.

More info about The Parallel 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 The Parallel currency pair is the PRL to KZT, with for The Parallel's currency code being PRL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KZT.

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How to convert PRL to KZT

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PRL to KZT Conversion tables

The exchange rate of The Parallel is decreasing.
The exchange rate of 1 PRL to Kazakhstani Tenge has changed by +0.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.19%, reaching a high of 0.2888 KZT and a low of 0.2879 KZT . One month ago, the value of 1 PRL was ₸0.2923 KZT , which represents a -1.37% change from its current value. Over the last year, The Parallel has changed by
-
0.08111KZT
, resulting in a change of -21.96% in its value.
24 hours ago1 month ago1 year ago
Amount16:52 today24 hours ago24h change
0.5 PRL₸0.1441₸0.1444
-0.19%
1 PRL₸0.2883₸0.2888
-0.19%
5 PRL₸1.44₸1.44
-0.19%
10 PRL₸2.88₸2.89
-0.19%
50 PRL₸14.41₸14.44
-0.19%
100 PRL₸28.83₸28.88
-0.19%
500 PRL₸144.13₸144.4
-0.19%
1000 PRL₸288.25₸288.79
-0.19%

PRL to KZT FAQ

How much is 1 The Parallel in KZT?
Right now, the price of 1 The Parallel (PRL) in Kazakhstani Tenge (KZT) is ₸0.2883.
How much PRL can I buy for 1 KZT?
Based on the current exchange rate, you can get 3.47 PRL for 1 KZT.
How do I calculate or convert PRL to KZT?
You can use our PRL to KZT calculator at the top of this page to convert any amount of PRL to KZT. We've also included quick-reference tables for the most popular conversions. For example, 5 KZT is equivalent to 17.35 PRL, while 5 PRL will cost around 1.44KZT.
What is the highest price of PRL/KZT in history?
The all-time high price of 1 PRL in KZT is ₸373.65. It remains to be seen if the value of 1 PRL/KZT will exceed the current all-time high.
What is the price trend of The Parallel in KZT?
Over the past 7 days, the exchange rate of The Parallel (PRL) has gone up by 0.01%.   Over the last month, the exchange rate of The Parallel (PRL) has gone down by 1.37% against Kazakhstani Tenge (KZT).

What factors influence the conversion rate of PRL to KZT?

There are many factors that affect the relationship between The Parallel 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 PRL/KZT. When there is positive news in the market about the widespread adoption of PRL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRL/KZT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRL/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 PRL/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 The Parallel 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.