PEN to KGS Converter and calculator


Conversion rates
Convert PEN to KGS
Convert KGS to PEN
PEN to KGS chart
PEN to KGS conversion data: Volatility and price changes of Pentagon Games in KGS
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2141 KGS | 0.2557 KGS | 0.2884 KGS | 0.6250 KGS |
Low | 0.2091 KGS | 0.2091 KGS | 0.2091 KGS | 0.1693 KGS |
Average | 0 KGS | 0 KGS | 0 KGS | 0 KGS |
Volatility | % | % | % | % |
Change | -1.27% | -18.98% | -25.72% | -66.18% |
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PEN to KGS market statistics
Current PEN to KGS exchange rate
Pentagon Games to Kyrgystani Som is falling this week.More info about Pentagon Games 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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PEN to KGS Conversion tables
Amount | 15:13 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PEN | с0.1053 | с0.1066 | -1.27% |
1 PEN | с0.2105 | с0.2132 | -1.27% |
5 PEN | с1.05 | с1.07 | -1.27% |
10 PEN | с2.11 | с2.13 | -1.27% |
50 PEN | с10.53 | с10.66 | -1.27% |
100 PEN | с21.05 | с21.32 | -1.27% |
500 PEN | с105.26 | с106.62 | -1.27% |
1000 PEN | с210.52 | с213.24 | -1.27% |
PEN to KGS FAQ
What factors influence the conversion rate of PEN to KGS?
Popular exchange rates — Crypto-to-Fiat converter
The price of Pentagon Games in the US is $0.002408 USD. Additionally, Pentagon Games’s price is €0.002099 EUR in the eurozone, £0.001798 GBP in the UK, C$0.003321 CAD in Canada, ₹0.2090 INR in India, ₨0.6829 PKR in Pakistan, R$0.01334 BRL in Brazil, and more.
The most popular Pentagon Games currency pair is the PEN to Kyrgystani Som(KGS). The price of 1 Pentagon Games (PEN) in Kyrgystani Som (KGS) is с0.2105.
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