tenge

noun \ ˈteŋ-ˌgā \

|Updated on: 3 May 2018

Definition of tenge

plural tenge

the basic monetary unit of Kazakhstan — see Money Table

Recent Examples of tenge from the Web

Kazakhstan’s tenge dropped 2.3% against the dollar, highlighting fears that the ruble’s decline will upend trade between the neighboring countries.

— chelsey dulaney, WSJ, "Sharp Drops in Currencies Hint at Spreading Volatility," 15 Apr. 2018
Russia’s ruble fell amid increased U.S. sanctions against the country and concern about a U.S. strike on Syria, a decline that also contributed to a fall in Kazakhstan’s tenge.

— chelsey dulaney, WSJ, "Sharp Drops in Currencies Hint at Spreading Volatility," 15 Apr. 2018
Back in Shape As well as backing the Halyk-Kazkommertsbank merger, which is due to be completed in the second half of the year, the state has pumped 650 billion tenge into other lenders.

— Bloomberg.com, "Meet the Woman Charged With Saving the Kazakh Banking System," 12 Feb. 2018
Kazakhstan has spent over 1.1trn tenge ($3.2bn) on upgrading its railway lines and rolling stock since 2011.

— The Economist, "Freight train comingNew rail routes between China and Europe will change trade patterns," 14 Sep. 2017
The tenge fell 25 percent against the dollar in a single day.

— david segal, New York Times, "Can a Giant Science Fair Transform Kazakhstan’s Economy?," 9 Sep. 2017
Its holdings include bonds of Kazkommertsbank, a top Kazakh lender that’s getting a 2.4 trillion-tenge ($7.6 billion) state bailout.

— nariman gizitdinov, Bloomberg.com, "Bank Default Traps Pension Fund in Azeri Debt Restructuring," 18 May 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'tenge.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Origin and Etymology of tenge

Kazakh teŋge coin, ruble

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First Known Use: 1992

in the meaning defined above

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Definition of tenge

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