tenge

noun
\ ˈteŋ-ˌgā How to pronounce tenge (audio) \
plural tenge

Definition of tenge

the basic monetary unit of Kazakhstan — see Money Table

Examples of tenge in a Sentence

Recent Examples on the Web In 2018, Kim bought the entire 30% stake that Satybaldyuly owned in Kaspi for 200 billion tenge ($466 million), taking his ownership to about half, according to the firm’s prospectus and Bloomberg calculations. Swetha Gopinath, Bloomberg.com, "Digital Frenzy Creates Two Billionaires in U.K. Fintech IPO," 15 Oct. 2020 Net income rose 50% to 116 billion tenge, or $286 million, in the first half of 2020 from a year earlier, with payments and marketplace platforms accounting for almost a third of the total. Nariman Gizitdinov, Bloomberg.com, "Kazakh FinTech Group Revives London IPO Plan," 25 Sep. 2020 Khasenovna spent 155,000 tenge ($400) for a fur coat, about one month of her salary. Youyou Zhou, Quartz, "The buyers and sellers of Khorgos, a special trade zone on the Kazakhstan-China border," 26 Oct. 2019 Electric wheelchairs sell for 130,000 tenge ($330) in Khorgos. Youyou Zhou, Quartz, "The buyers and sellers of Khorgos, a special trade zone on the Kazakhstan-China border," 26 Oct. 2019 Plan your trip: Single rides on the Almaty Metro cost 80 tenge (approximately U.S. $0.25). Robert Chg, National Geographic, "See why the world’s best subway lines are destinations unto themselves," 19 July 2019 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

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.

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First Known Use of tenge

1992, in the meaning defined above

History and Etymology for tenge

Kazakh teŋge coin, ruble

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Cite this Entry

“Tenge.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tenge. Accessed 25 Feb. 2021.

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