BAKU, Azerbaijan, October 26. The total value
of money transfers sent from Türkiye to Kazakhstan via
international money transfer systems (IMTS) decreased by 17.10% in
August 2026 compared to July.
This is according to Trend’s calculations based on data from the National
Bank of Kazakhstan (NBK).
A total of 4,370 transfers were sent from Türkiye to Kazakhstan
in August, compared with 4,590 in July, representing a 4.79%
decrease. The total value of these transfers fell to 1.65 billion
tenge ($3.65 million), from 1.99 billion tenge ($4.41 million) in
July.
Transfers from Türkiye accounted for 13.6% of the total value of
international money transfers received in Kazakhstan in August, up
from 12.5% in July.
In August 2026, Kazakhstan received a total of 31,400 inbound
transfers from abroad via IMTS. The number of transfers decreased
by 18.6%, while their total value declined by 23.8% compared to
July. The total value of inbound transfers amounted to 12.2 billion
tenge ($26.88 million).
"The main share of inbound transfers from abroad via IMTS was
conducted in US dollars (accounting for 65.3% of the total number
and 81.7% of the total volume of received transfers) and in Kazakh
tenge (15.5% and 7.2%, respectively)," the bank’s report
states.
The US dollar equivalents are calculated at the official
exchange rate of the National Bank of Kazakhstan of 452.12 tenge
per $1 as of October 19, 2026.
