number of commemorative designs have been issued, including notes celebrating the 2011 Asian Winter Games hosted in Nur-Sultan. Commemoratives can typically be found in these denominations: ₸1,000, ₸2,000, ₸5,000, and ₸10,000. Digital tenge The National Bank of Kazakhstan publicly released plans to develop a national digital currency. Commemorative banknotes T 5,000 (2001) ₸5,000 (2008) ₸1,000 (2010) ₸1,000 (2011) ₸2,000 (2011) ₸10,000 (2011) ₸1,000 (2013) 1,000 tenge banknote issued in 2013 to commemorate the "Kul Tigin" – the monument of the Turkic runic writing. ₸10,000 (2016) The National Bank of Kazakhstan issued a 10,000 tenge commemorative banknote to commemorate the 25th anniversary of independence from the Soviet Union. The commemorative note contains an image of Kazakh President Nursultan Nazarbayev, and was launched into circulation on the Day of the First President, December 1, 2016. ₸20,000 (2021) The National Bank of Kazakhstan issued a 20,000 tenge commemorative banknote to commemorate the 30th anniversary of independence from the Soviet Union. The commemorative note features images of the first president of Kazakhstan, "Elbasy" Nursultan Nazarbayev, the Akorda Presidential Palace, a view of the capital city of Nur-Sultan and the official logo for the celebrations. The commemorative note is also the first to feature inscriptions in Kazakh-based Latin instead of Kazakh-based Cyrillic. The commemorative note was issued on December 16, 2021. Exchange rates and inflation On September 2, 2013, the National Bank of Kazakhstan moved the tenge from a managed float and pegged it to the US dollar and the Russian ruble. On February 11, 2014, the Kazakh National Bank chose to devalue the tenge by 19% against the U.S. dollar in response to a weakening of the Russian ruble. On August 20, 2015, The Kazakhstan National Bank has done away with the currency band with respect to conversion rate of tenge. Now, the tenge is a free-floating currency and its exchange rate against the major currencies are determined by demand and supply in the market. Due to this change, the tenge lost 30% of its value in a single day. See also Economy of Kazakhstan References External links Currency exchange rates in Kazakhstan News from the National Bank of Kazakhstan The banknotes of Kazakhstan Coins of Kazakhstan Banknotes of Kazakhstan Catalog of the coins of Kazakhstan (Numista) Kazakhstan Tenge: detailed catalog of banknotes Economy of Kazakhstan Currencies of Kazakhstan Currencies introduced in 1993 Currency symbols