NBK base rate reaches 16.75% with USD/KZT at 462.31 and EUR/KZT at 536.09
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- What happened
- As of September 1, 2026, the National Bank of Kazakhstan official base rate was 16.75%. Official exchange rates were set at 462.31 KZT per USD, 536.09 KZT per EUR, and 5.34 KZT per RUB.
- Who is affected
- Kazakhstani SMB importers
- When
- As of 5 Sept 2026
- Opportunity
- Kazakhstani SMB importers should audit Q3 settlement schedules against official NBK rates to manage foreign currency conversion costs under high base rates.
- Do what
- Audit Q3 FX settlement terms against official NBK reference rates to optimize KZT conversion timing.
- Illustrative — not a quote. From a cited number:
- 536.09 KZT
- Why now
- High KZT borrowing costs under a 16.75% base rate require tight treasury management across foreign currency purchase commitments.
- Watch next
- Upcoming NBK monetary policy rate decisions and official daily KZT exchange rate fixes.
Cited facts
- Medium Tier 1 · official EUR/KZT (NBK official) was 536.09 KZT per EUR as of 2026-09-01 (official desk metric). National Bank of Kazakhstan
- Medium Tier 1 · official RUB/KZT (NBK official) was 5.34 KZT per RUB as of 2026-09-01 (official desk metric). National Bank of Kazakhstan
- Medium Tier 1 · official NBK base rate was 16.75% as of 2026-09-01 (official desk metric). National Bank of Kazakhstan
- Medium Tier 1 · official USD/KZT (NBK official) was 462.31 KZT per USD as of 2026-09-01 (official desk metric). National Bank of Kazakhstan