On April 6, the Kazakhstan Stock Exchange (KASE) launched trading in the currency pairs with the Arab dirham, the exchange said in a statement.
In particular, since April 6, 2026, the official KZT/AED exchange rate has been formed on KASE. However, market participants can trade not only the AED/KZT pair but also the USD/AED pair.
Trading is conducted with different settlement terms: same-day settlement (T+0, TOD); settlement on the next business day (T+1, TOM); and settlement two business days after the trade (T+2, SPT).
KASE expects the launch of the new instruments to boost liquidity in the currency market, expand market participants’ options, and enhance currency risk management.
Notably, the last currency pair introduced on KASE before AED/KZT was CNY/KZT – Chinese yuan/tenge. Trading for this pair began in September 2014.
