Indicator notes

Pressure on the Kazakhstani tenge on May 22, 2025: 52.0 out of 100, in the “Moderate pressure” zone. The previous reading, on May 21, 2025, was 55.3 (“High pressure”): the indicator fell by 3.3 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “High pressure” zone. Biggest component moves: “Exchange rate volatility” at 50.5 versus 65.8 and “Currency weakening” at 46.1 versus 44.3. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on May 21, 2025: 55.3 out of 100, in the “High pressure” zone. The previous reading, on May 20, 2025, was 54.6 (“Moderate pressure”): the indicator rose slightly by 0.7 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Currency weakening” at 44.3 versus 42.0 and “Exchange rate volatility” at 65.8 versus 65.1. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on May 20, 2025: 54.6 out of 100, in the “Moderate pressure” zone. The previous reading, on May 17, 2025, was 55.9 (“High pressure”): the indicator fell slightly by 1.3 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “High pressure” zone. Biggest component moves: “Currency weakening” at 42.0 versus 45.1 and “Exchange rate volatility” at 65.1 versus 67.4. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on May 17, 2025: 55.9 out of 100, in the “High pressure” zone. The previous reading, on May 16, 2025, was 51.0 (“Moderate pressure”): the indicator rose by 4.9 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Currency weakening” at 45.1 versus 34.2 and “Exchange rate volatility” at 67.4 versus 58.4. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on May 16, 2025: 51.0 out of 100, in the “Moderate pressure” zone. The previous reading, on May 15, 2025, was 55.1 (“High pressure”): the indicator fell by 4.1 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 19 trading days in a row. Biggest component moves: “Currency weakening” at 34.2 versus 44.3 and “Exchange rate volatility” at 58.4 versus 65.0. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on April 15, 2025: 66.5 out of 100, in the “High pressure” zone. The previous reading, on April 12, 2025, was 77.1 (“Extreme pressure”): the indicator fell sharply by 10.6 points and crossed the 75 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Extreme pressure” zone for 4 trading days in a row. Biggest component moves: “International reserves” at 21.1 versus 58.7 and “Exchange rate volatility” at 91.8 versus 96.1. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on April 9, 2025: 78.2 out of 100, in the “Extreme pressure” zone. The previous reading, on April 8, 2025, was 73.7 (“High pressure”): the indicator rose by 4.5 points and crossed the 75 boundary. The “Extreme pressure” zone covers readings from 75 to 100: pressure on the currency is close to the highest in its history. Before that the indicator had stayed in the “High pressure” zone for 15 trading days in a row. Biggest component moves: “Currency weakening” at 59.8 versus 48.4 and “Exchange rate volatility” at 96.3 versus 89.4. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on March 19, 2025: 72.8 out of 100, in the “High pressure” zone. The previous reading, on March 18, 2025, was 75.4 (“Extreme pressure”): the indicator fell by 2.6 points and crossed the 75 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator spent a single trading day in the “Extreme pressure” zone. Biggest component moves: “Currency weakening” at 42.3 versus 53.3 and “Exchange rate volatility” at 89.0 versus 88.2. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on March 18, 2025: 75.4 out of 100, in the “Extreme pressure” zone. The previous reading, on March 15, 2025, was 68.7 (“High pressure”): the indicator rose by 6.7 points and crossed the 75 boundary. The “Extreme pressure” zone covers readings from 75 to 100: pressure on the currency is close to the highest in its history. Before that the indicator had stayed in the “High pressure” zone for 28 trading days in a row. Biggest component moves: “Currency weakening” at 53.3 versus 33.2 and “Exchange rate volatility” at 88.2 versus 81.3. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on February 6, 2025: 74.8 out of 100, in the “High pressure” zone. The previous reading, on February 5, 2025, was 78.4 (“Extreme pressure”): the indicator fell by 3.6 points and crossed the 75 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Biggest component moves: “Exchange rate volatility” at 67.2 versus 76.1 and “Currency weakening” at 79.3 versus 84.7. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on December 17, 2024: 77.1 out of 100, in the “Extreme pressure” zone. The previous reading, on December 14, 2024, was 74.5 (“High pressure”): the indicator rose by 2.6 points and crossed the 75 boundary. The “Extreme pressure” zone covers readings from 75 to 100: pressure on the currency is close to the highest in its history. Before that the indicator had stayed in the “High pressure” zone for 11 trading days in a row. Biggest component moves: “International reserves” at 17.0 versus 6.4 and “Currency weakening” at 98.9 versus 99.1. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on November 30, 2024: 65.9 out of 100, in the “High pressure” zone. The previous reading, on November 29, 2024, was 45.6 (“Moderate pressure”): the indicator rose sharply by 20.3 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 12 trading days in a row. Biggest component moves: “Exchange rate volatility” at 87.6 versus 24.2 and “Currency weakening” at 99.9 versus 82.1. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on November 14, 2024: 52.0 out of 100, in the “Moderate pressure” zone. The previous reading, on November 13, 2024, was 57.7 (“High pressure”): the indicator fell by 5.7 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 20 trading days in a row. Biggest component moves: “International reserves” at 4.3 versus 27.0 and “Exchange rate volatility” at 51.2 versus 53.9. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on October 17, 2024: 56.1 out of 100, in the “High pressure” zone. The previous reading, on October 16, 2024, was 53.5 (“Moderate pressure”): the indicator rose by 2.6 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 6 trading days in a row. Biggest component moves: “Exchange rate volatility” at 47.8 versus 40.9 and “Currency weakening” at 83.6 versus 80.7. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on October 9, 2024: 45.8 out of 100, in the “Moderate pressure” zone. The previous reading, on October 8, 2024, was 44.4 (“Low pressure”): the indicator rose slightly by 1.4 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Currency weakening” at 83.5 versus 79.6 and “Exchange rate volatility” at 16.4 versus 15.0. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on October 8, 2024: 44.4 out of 100, in the “Low pressure” zone. The previous reading, on October 5, 2024, was 46.0 (“Moderate pressure”): the indicator fell slightly by 1.6 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. Biggest component moves: “Exchange rate volatility” at 15.0 versus 19.3 and “Currency weakening” at 79.6 versus 81.7. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on October 4, 2024: 46.3 out of 100, in the “Moderate pressure” zone. The previous reading, on October 3, 2024, was 43.2 (“Low pressure”): the indicator rose by 3.1 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 8 trading days in a row. Biggest component moves: “Exchange rate volatility” at 19.4 versus 12.2 and “Currency weakening” at 82.8 versus 77.9. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on September 24, 2024: 43.1 out of 100, in the “Low pressure” zone. The previous reading, on September 21, 2024, was 45.5 (“Moderate pressure”): the indicator fell by 2.4 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 20 trading days in a row. Biggest component moves: “Exchange rate volatility” at 11.5 versus 21.1 and “Currency weakening” at 79.5 versus 79.7. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on August 27, 2024: 48.7 out of 100, in the “Moderate pressure” zone. The previous reading, on August 24, 2024, was 44.7 (“Low pressure”): the indicator rose by 4.0 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 38.7 versus 30.8 and “Currency weakening” at 97.4 versus 89.6. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on August 21, 2024: 42.4 out of 100, in the “Low pressure” zone. The previous reading, on August 20, 2024, was 48.0 (“Moderate pressure”): the indicator fell by 5.6 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 5 trading days in a row. Biggest component moves: “Exchange rate volatility” at 20.9 versus 42.2 and “Currency weakening” at 91.0 versus 92.5. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on August 14, 2024: 49.7 out of 100, in the “Moderate pressure” zone. The previous reading, on August 13, 2024, was 44.5 (“Low pressure”): the indicator rose by 5.2 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 2 trading days in a row. Biggest component moves: “International reserves” at 28.3 versus 10.2 and “Currency weakening” at 95.7 versus 91.5. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on August 10, 2024: 44.8 out of 100, in the “Low pressure” zone. The previous reading, on August 9, 2024, was 45.7 (“Moderate pressure”): the indicator fell slightly by 0.9 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 29 trading days in a row. Biggest component moves: “Exchange rate volatility” at 48.1 versus 55.0 and “Currency weakening” at 92.6 versus 89.7. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on July 2, 2024: 48.8 out of 100, in the “Moderate pressure” zone. The previous reading, on June 29, 2024, was 44.3 (“Low pressure”): the indicator rose by 4.5 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 24 trading days in a row. Biggest component moves: “Exchange rate volatility” at 58.2 versus 48.5 and “Currency weakening” at 93.3 versus 85.4. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on May 28, 2024: 29.7 out of 100, in the “Low pressure” zone. The previous reading, on May 25, 2024, was 23.6 (“Calm”): the indicator rose by 6.1 points and crossed the 25 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Biggest component moves: “Central bank policy rate” at 48.3 versus 26.3 and “Currency weakening” at 40.5 versus 38.1. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on December 27, 2023: 24.9 out of 100, in the “Calm” zone. The previous reading, on December 26, 2023, was 28.0 (“Low pressure”): the indicator fell by 3.1 points and crossed the 25 boundary. The “Calm” zone covers readings from 0 to 25: there is almost no sign of pressure on the currency. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Currency weakening” at 38.6 versus 46.0 and “Exchange rate volatility” at 6.6 versus 11.8. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on December 26, 2023: 28.0 out of 100, in the “Low pressure” zone. The previous reading, on December 23, 2023, was 24.5 (“Calm”): the indicator rose by 3.5 points and crossed the 25 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator spent a single trading day in the “Calm” zone. Biggest component moves: “Currency weakening” at 46.0 versus 35.7 and “Exchange rate volatility” at 11.8 versus 8.0. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on December 23, 2023: 24.5 out of 100, in the “Calm” zone. The previous reading, on December 22, 2023, was 27.1 (“Low pressure”): the indicator fell by 2.6 points and crossed the 25 boundary. The “Calm” zone covers readings from 0 to 25: there is almost no sign of pressure on the currency. Before that the indicator had stayed in the “Low pressure” zone for 11 trading days in a row. Biggest component moves: “Exchange rate volatility” at 8.0 versus 20.6 and “Currency weakening” at 35.7 versus 33.4. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on December 15, 2023: 28.5 out of 100, in the “Low pressure” zone. The previous reading, on December 14, 2023, was 40.7: the indicator fell sharply by 12.2 points. That meets our shift threshold of 10 points; the zone did not change. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator has now spent 6 trading days in a row in this zone. Biggest component moves: “International reserves” at 49.5 versus 93.2 and “Currency weakening” at 32.3 versus 35.0. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on December 8, 2023: 43.5 out of 100, in the “Low pressure” zone. The previous reading, on December 7, 2023, was 45.1 (“Moderate pressure”): the indicator fell slightly by 1.6 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 31 trading days in a row. Biggest component moves: “Currency weakening” at 45.3 versus 49.5 and “Exchange rate volatility” at 30.7 versus 33.0. This describes that date's reading; it is not a forecast.

Pressure on the Kazakhstani tenge on October 25, 2023: 54.9 out of 100, in the “Moderate pressure” zone. The previous reading, on October 24, 2023, was 55.5 (“High pressure”): the indicator fell slightly by 0.6 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 47 trading days in a row. Biggest component moves: “Currency weakening” at 89.8 versus 90.9 and “Exchange rate volatility” at 41.8 versus 42.8. This describes that date's reading; it is not a forecast.