CBT to KGS Converter and calculator


Conversion rates
Convert CBT to KGS
Convert KGS to CBT
CBT to KGS chart
CBT to KGS conversion data: Volatility and price changes of Community Business Token in KGS
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{4}2975 KGS | 0.{4}8781 KGS | 0.0004264 KGS | 0.0005915 KGS |
Low | 0.{4}2547 KGS | 0.{4}1965 KGS | 0.{4}1821 KGS | 0.{4}1821 KGS |
Average | 0 KGS | 0 KGS | 0 KGS | 0 KGS |
Volatility | % | % | % | % |
Change | +0.06% | -65.99% | -63.03% | -64.18% |
Community Business Token information
CBT to KGS market statistics
Current CBT to KGS exchange rate
Community Business Token to Kyrgystani Som is falling this week.More info about Community Business Token on Bitget
Kyrgystani Som information
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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CBT to KGS Conversion tables
Amount | 14:10 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CBT | с0 | с-0.{8}8246 | +0.06% |
1 CBT | с0 | с-0.{7}1649 | +0.06% |
5 CBT | с0 | с-0.{7}8246 | +0.06% |
10 CBT | с0 | с-0.{6}1649 | +0.06% |
50 CBT | с0 | с-0.{6}8246 | +0.06% |
100 CBT | с0 | с-0.{5}1649 | +0.06% |
500 CBT | с0 | с-0.{5}8246 | +0.06% |
1000 CBT | с0 | с-0.{4}1649 | +0.06% |
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