


KGS 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.
JOE to KGS conversion rate trend
JOE to KGS market statistics
More info about JOE on Bitget
Current JOE to KGS exchange rate
JOE to Kyrgystani Som is falling this week.JOE to KGS Conversion tables
The exchange rate of JOE is decreasing.JOE to KGS
KGS to JOE
JOE to KGS Today vs. 24 hours ago
Amount | 19:55 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 JOE | с8 | с8.06 | -0.77% |
1 JOE | с16 | с16.12 | -0.77% |
5 JOE | с79.98 | с80.6 | -0.77% |
10 JOE | с159.96 | с161.21 | -0.77% |
50 JOE | с799.8 | с806.04 | -0.77% |
100 JOE | с1,599.6 | с1,612.09 | -0.77% |
500 JOE | с7,997.99 | с8,060.44 | -0.77% |
1000 JOE | с15,995.98 | с16,120.89 | -0.77% |
JOE to KGS Today vs. 1 month ago
Amount | 19:55 today | 1 month ago | 1M change |
---|---|---|---|
0.5 JOE | с8 | с10.04 | -20.30% |
1 JOE | с16 | с20.07 | -20.30% |
5 JOE | с79.98 | с100.35 | -20.30% |
10 JOE | с159.96 | с200.7 | -20.30% |
50 JOE | с799.8 | с1,003.52 | -20.30% |
100 JOE | с1,599.6 | с2,007.05 | -20.30% |
500 JOE | с7,997.99 | с10,035.24 | -20.30% |
1000 JOE | с15,995.98 | с20,070.47 | -20.30% |
JOE to KGS Today vs. 1 year ago
Amount | 19:55 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 JOE | с8 | с36.37 | -78.01% |
1 JOE | с16 | с72.75 | -78.01% |
5 JOE | с79.98 | с363.73 | -78.01% |
10 JOE | с159.96 | с727.45 | -78.01% |
50 JOE | с799.8 | с3,637.26 | -78.01% |
100 JOE | с1,599.6 | с7,274.52 | -78.01% |
500 JOE | с7,997.99 | с36,372.6 | -78.01% |
1000 JOE | с15,995.98 | с72,745.19 | -78.01% |
How to convert JOE to KGS



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