The present disclosure relates to KINIZ alloys having a homogeneous microstructure. A KINIZ alloy includes: copper (Cu) and iron (Fe) in a total amount of 75 wt % to 95 wt %; and nickel (Ni) in an amount of 1 wt % to 20 wt %, zirconium (Zr) in an amount of 0.1 wt % to 5.0 wt %, and a balance of inevitable impurities. A KINIZ alloy includes: copper (Cu) and iron (Fe) in a total amount of 75 wt % to 95 wt %; and manganese (Mn) in an amount of 2.0 wt % to 5.0 wt %, zirconium (Zr) in an amount of 0.3 wt % to 1.0 wt %, and a balance (excluding 0%) of inevitable impurities.