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.
HAPPY to KGS conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | с0.4030 | 0.0200% / 0.0320%VIP 7 | |
Gate.io | с0.4040 | 0.1000% / 0.1000% | Yes |
KuCoin | с0.4053 | 0.1000% / 0.1000% | Yes |
How to buy Happy Cat
Buy HAPPY (or USDT) for KGS (Kyrgystani Som) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
A AAVanossimus 58 trades|Completion rate 100.00% | 88.8 KGS | Amount2892.13 USDT Limit25000 - 256000 KGS | ||
C Cardano. 53 trades|Completion rate 100.00% | 90.8 KGS | Amount1982.15 USDT Limit1000 - 179000 KGS | ||
C Cardano. 53 trades|Completion rate 100.00% | 91 KGS | Amount207.78 USDT Limit1000 - 18900 KGS |
Sell HAPPY (or USDT) for KGS (Kyrgystani Som) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
X XCIXX 325 trades|Completion rate 97.00% | 4.12 PLN | Amount2011.89 USDT Limit200 - 3000 PLN | ||
C CR1PTOM1LL1ONER 252 trades|Completion rate 96.00% | 4.13 PLN | Amount1256.44 USDT Limit300 - 5000 PLN | ||
y ya68 184 trades|Completion rate 99.00% | 4.13 PLN | Amount568.27 USDT Limit200 - 3000 PLN | ||
B BGUSER-XA98QADX 123 trades|Completion rate 98.00% | 4.45 PLN | Amount10.66 USDT Limit47 - 47.43 PLN | ||
S Shkolar_FastExchange 101 trades|Completion rate 98.00% | 4.59 PLN | Amount50.51 USDT Limit30 - 300 PLN |
What factors influence the conversion rate of Happy Cat to Kyrgystani Som?
Happy Cat to Kyrgystani Som is rising this week.Conversion tables
The exchange rate of Happy Cat is decreasing.HAPPY to KGS
KGS to HAPPY
Today vs. 24 hours ago
Amount | 00:48 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 HAPPY | $0.002293 | $0.002319 | -1.12% |
1 HAPPY | $0.004586 | $0.004638 | -1.12% |
5 HAPPY | $0.02293 | $0.02319 | -1.12% |
10 HAPPY | $0.04586 | $0.04638 | -1.12% |
50 HAPPY | $0.2293 | $0.2319 | -1.12% |
100 HAPPY | $0.4586 | $0.4638 | -1.12% |
500 HAPPY | $2.29 | $2.32 | -1.12% |
1000 HAPPY | $4.59 | $4.64 | -1.12% |
Today vs. 1 month ago
Amount | 00:48 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 HAPPY | $0.002293 | $0.005659 | -59.47% |
1 HAPPY | $0.004586 | $0.01132 | -59.47% |
5 HAPPY | $0.02293 | $0.05659 | -59.47% |
10 HAPPY | $0.04586 | $0.1132 | -59.47% |
50 HAPPY | $0.2293 | $0.5659 | -59.47% |
100 HAPPY | $0.4586 | $1.13 | -59.47% |
500 HAPPY | $2.29 | $5.66 | -59.47% |
1000 HAPPY | $4.59 | $11.32 | -59.47% |
Today vs. 1 year ago
Amount | 00:48 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 HAPPY | $0.002293 | $0.01122 | -79.55% |
1 HAPPY | $0.004586 | $0.02243 | -79.55% |
5 HAPPY | $0.02293 | $0.1122 | -79.55% |
10 HAPPY | $0.04586 | $0.2243 | -79.55% |
50 HAPPY | $0.2293 | $1.12 | -79.55% |
100 HAPPY | $0.4586 | $2.24 | -79.55% |
500 HAPPY | $2.29 | $11.22 | -79.55% |
1000 HAPPY | $4.59 | $22.43 | -79.55% |
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Buy Happy Cat for 1 KGS
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