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base info Toncoin

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TON
TON
swap
KGS
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calculator.fiat.title

About Kyrgystani Som (KGS)

The Kyrgyzstani Som, introduced in 1993, is more than just the official currency of Kyrgyzstan; it represents a crucial aspect of the nation's post-Soviet economic and cultural identity. It is commonly abbreviated as KGS and represented by the symbol с. The Som's introduction was a significant step in establishing Kyrgyzstan's monetary independence following the dissolution of the Soviet Union.

Historical Background

The introduction of the Kyrgyzstani Som in May 1993 was a critical event in the nation's history, marking its transition from the Soviet ruble and signifying newfound economic sovereignty. This change was not merely monetary; it symbolized the birth of a new national identity and the start of an independent economic journey.

Design and Symbolism

The design of the Kyrgyzstani Som is a rich tapestry of the country's heritage and aspirations. Banknotes and coins feature prominent historical figures, landmarks, and symbols that reflect Kyrgyzstan’s rich history, culture, and natural landscapes. These designs are a source of national pride and a tool for educating citizens and visitors about the country's legacy.

Economic Role

As Kyrgyzstan's primary medium of exchange, the Som is central to its economy. The country, characterized by its mountainous terrain, has a mixed economic system with key sectors including agriculture, mining, and a growing service sector. The Som facilitates domestic and international transactions, playing a vital role in the nation's economic activities and stability.

Monetary Policy and Inflation

Managed by the National Bank of Kyrgyzstan, the Som has faced challenges such as inflation and fluctuating exchange rates. The central bank's monetary policies aim to stabilize the currency, control inflation, and foster conditions conducive to economic growth and stability.

International Trade and the Kyrgyzstani Som

The Som’s exchange rate plays a significant role in international trade, particularly in dealings with its major trading partners, including Russia and China. A stable and competitive exchange rate is crucial for maintaining healthy trade relationships and attracting foreign investment.

Remittances and Economic Impact

Remittances from Kyrgyz citizens working abroad, especially in Russia and Kazakhstan, are a significant source of foreign income. These funds, converted into Soms, support many households and contribute to the national economy.

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1D7D1M3M1YAll
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calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
с424.8
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Binance
с424.28
0.1000% / 0.1000%
calculator.compare.yes
OKX
с424.45
0.080% / 0.100%
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Huobi
с424.22
0.1000% / 0.1000%
calculator.compare.yes
Gate.io
с424.37
0.1000% / 0.1000%
calculator.compare.yes
Bybit
с424.54
0.1000% / 0.1000%
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KuCoin
с424.47
0.1000% / 0.1000%
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Bitfinex
с424.75
0.1000% / 0.1000%
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$--
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$--
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-- TON

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0.5 TON
с211.41
1 TON
с422.82
5 TON
с2,114.11
10 TON
с4,228.22
50 TON
с21,141.12
100 TON
с42,282.24
500 TON
с211,411.2
1000 TON
с422,822.4

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coin.amountcalculator.detail.time_
0.5KGS0.001183  TON
1KGS0.002365  TON
5KGS0.01183  TON
10KGS0.02365  TON
50KGS0.1183  TON
100KGS0.2365  TON
500KGS1.18  TON
1000KGS2.37  TON

calculator.detail.price_24

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0.5 TON$2.46$2.45
+0.39%
1 TON$4.93$4.91
+0.39%
5 TON$24.64$24.54
+0.39%
10 TON$49.28$49.09
+0.39%
50 TON$246.4$245.45
+0.39%
100 TON$492.8$490.9
+0.39%
500 TON$2,464$2,454.5
+0.39%
1000 TON$4,928$4,909
+0.39%

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0.5 TON$2.46$2.43
+1.25%
1 TON$4.93$4.87
+1.25%
5 TON$24.64$24.34
+1.25%
10 TON$49.28$48.67
+1.25%
50 TON$246.4$243.35
+1.25%
100 TON$492.8$486.7
+1.25%
500 TON$2,464$2,433.5
+1.25%
1000 TON$4,928$4,867
+1.25%

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0.5 TON$2.46$1.21
+103.03%
1 TON$4.93$2.43
+103.03%
5 TON$24.64$12.13
+103.03%
10 TON$49.28$24.25
+103.03%
50 TON$246.4$121.26
+103.03%
100 TON$492.8$242.51
+103.03%
500 TON$2,464$1,212.57
+103.03%
1000 TON$4,928$2,425.14
+103.03%

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