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🇰🇿 Silver Price Today in Kazakhstan | ₸34,206.6
Live silver price in Kazakhstani Tenge (KZT) — updated every minute
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (KZT)
₸1,099.7669
Per Troy Oz (KZT)
₸34,206.60
Per Kg (KZT)
₸1,099,767
USD/Silver Spot
$72.78/oz
USD/KZT Rate
1 USD = 470 KZT
Gold/Silver Ratio
62.0:1
Silver Market in Kazakhstan
Kazakhstan is a significant silver producer, mining approximately 100 tonnes annually — making it one of the top 20 producers globally. The National Bank of Kazakhstan holds approximately 300 tonnes in silver reserves, representing over 70% of its total reserves. The Altyn Kazakhstani silver coin is issued by the National Bank.
Why do people in Kazakhstan invest in silver?
Kazakhstani investors use silver to hedge against tenge volatility — the currency experienced sharp devaluations in 2015 and 2020. silver reserves at the National Bank are exceptionally high as a percentage of total reserves, reflecting both resource wealth and strategic diversification away from USD assets.
Frequently Asked Questions — Silver in Kazakhstan
What is the silver price today in Kazakhstan in tenge?
Kazakhstan silver prices in KZT are quoted by the National Bank of Kazakhstan and major dealers at the international USD spot price converted at the USD/KZT rate.
Does Kazakhstan produce silver?
Yes. Kazakhstan produces approximately 100 tonnes of silver annually from mines in the Akmola, Kostanay, and East Kazakhstan regions. Companies include Kazakhmys and Polyus Kazakhstan.
Why does Kazakhstan hold so much silver in reserves?
The National Bank of Kazakhstan has maintained exceptionally high silver reserves (over 70% of FX reserves) as a diversification strategy and inflation hedge. This policy was reinforced after the 2015 tenge devaluation.
What is the Altyn silver coin?
The Altyn is a Kazakhstani silver bullion coin issued by the National Bank of Kazakhstan. "Altyn" means "silver" in Kazakh. The coins are available in various sizes and serve both as legal tender and investment vehicles.