Abstract:
The stability of a nation's currency exchange rate plays a pivotal role in shaping its
tourism industry. A stable national currency exchange rate is a vital factor in attracting tourists, as
it instills confidence in potential travelers and minimizes financial risks associated with fluctuating
rates. This study delves into the impact of exchange rate stability on the growth of Kazakhstan's
tourism industry, examining how a steady exchange rate positively influences foreign tourist arrivals and their spending patterns. Understanding the dynamics of this relationship is crucial for
policymakers and stakeholders in Kazakhstan's tourism sector to implement strategies that
promote exchange rate stability and, in turn, foster tourism development and economic growth.
