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Money transfers between Uzbekistan and Kazakhstan surge

Money transfers between Uzbekistan and Kazakhstan surge
The volume of money transfers from Kazakhstan to Uzbekistan rose by 64.6% to 17.15 billion tenge (459 billion UZS), Kursiv.Media reported. This is up from 10.42 billion tenge in March.

Uzbekistan ranked second among the top recipients of money transfers, trailing only Russia.

In April 2025, 1.96 billion tenge (50 billion UZS) was sent from Uzbekistan to Kazakhstan — a 21.5% increase from March's 1.62 billion tenge.

Uzbekistan’s share in total incoming transfers to Kazakhstan rose from 9.7% to 10.2%, making it the third-largest source after Russia (25.7%) and the USA (15.4%).

The surge is attributed to increased migrant activity and improved access to financial services. The number of transactions from Uzbekistan also grew — from 2,660 to 2,870.
Kazakhstan TransfersUzbekistan GrowthMoney TransfersFinancial ServicesMigrant Activity
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