ASTANA, Kazakhstan, July 6. About 73.8 billion tenge (about $155.4 million) was sent abroad from Kazakhstan through international money transfer systems in May 2024, which is 12.1 percent more than in April (65.8 billion tenge, or $138 million), Trend reports.
The data from the National Bank of Kazakhstan shows that, compared to April 2024 (205,200 transactions), the number of translations increased by 5.2 percent and amounted to 215,800 transactions.
In May, the largest number of transfers abroad were made through Zolotaya Korona, Western Union, Moneygram, and others.
In terms of the volume of money sent from Kazakhstan abroad, the leaders are Uzbekistan, Russia, and Türkiye.
Moreover, the main share of transfers through international systems was carried out in US dollars (share of the total number of transfers: 32.1 percent, share of the total volume of transfers: 55.1 percent) and in Kazakhstani tenge (56.1 percent and 35.6 percent, respectively).
Meanwhile, the total number of money transfers through international money transfer systems (IMTS) in Kazakhstan amounted to 220,000 transactions worth 75.7 billion tenge (about $159.4 million) in May 2024. Compared to April 2024 (209,400 transactions worth $142.7 million), there is an increase in the number of transfers by 5.1 percent and in the volume of transactions by 11.7 percent.