If you need to send money to Kazakhstan, your options will be relatively limited. That being said, there are some great options available to you sending from other countries.
The current exchange rate for the Kazakhstani Tenge (KZT) is 427.85149 KZT per American Dollar (USD) as of the time this was written. The KZT reached a high of 444.6728 KZT per USD and a low of 427.8515 KZT per USD during the last 90 days. The average exchange rate for the last 90 days was 438.0433 KZT per USD.
The average volatility rate for the KZT against the USD was 0.27% for the last 90 days. This is a normal volatility rate, and the KZT has stabilized even further in recent months, culminating in an average volatility rate of 0.19% for the last 30 days. You can reasonably expect only minor fluctuations to continue going forward, barring any unforeseen circumstances.
The fastest way to send money to Kazakhstan is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money should reach its Kazakhstani destination in a matter of minutes. This fast option is also relatively affordable, as it costs less than most of Ria Money Transfer’s slower competition.
The main drawback to Ria Money Transfer is that some users complain of hassles and a platform which isn’t the easiest to use. When it comes to their fast option, you can rest assured you’re getting a good deal when it comes to both speed and cost.
The cheapest way to send money to Kazakhstan is through Ria Money Transfer’s slow option. Ria Money Transfer’s slow option comes with very low upfront rates for their money transfer services. The company’s slow option also charges relatively low hidden currency conversion costs. When all factors are considered, Ria Money Transfer’s slower option is the cheapest way to go.
It should be noted that Ria Money Transfer’s slow option is very slow. It should normally take 3-5 business days for your money to reach its Kazakhstani destination.
The easiest way to send money to Kazakhstan is through Payoneer. Payoneer is easy to use partially because you can switch between their different money transfer methods to suit your needs. With Payoneer, you have several options for sending money. We recommend that you use Payoneer to send money to the recipient’s debit card, which offers greater convenience and security when compared to other methods. With this method, the recipient can withdraw the money right away upon the transfer’s completion.
You also have other options available to you with Payoneer. You can look up all of the services they offer on their intuitive platform in order to decide whether they are the right choice for you.
The overall best way to send money to Kazakhstan is through Ria Money Transfer. For the sake of getting the overall best deal, we recommend using their fast option unless you don’t mind waiting. Ria Money Transfer’s fast option gives you the best balance between cost and speed. If you are not in a rush and would prefer cheaper rates, their slow option is also alright. With Ria Money Transfer, you have a service that is more accessible and generally well-rounded than the competition.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com