KT to KGS Converter and calculator


Conversion rates
Convert KT to KGS
Convert KGS to KT
KT to KGS chart
KT to KGS conversion data: Volatility and price changes of KingdomX in KGS
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.03590 KGS | 0.03716 KGS | 0.04060 KGS | 0.05660 KGS |
Low | 0.03424 KGS | 0.03321 KGS | 0.03321 KGS | 0.03321 KGS |
Average | 0 KGS | 0 KGS | 0 KGS | 0 KGS |
Volatility | % | % | % | % |
Change | +0.05% | -1.47% | -9.68% | -37.23% |
KingdomX information
KT to KGS market statistics
Current KT to KGS exchange rate
KingdomX to Kyrgystani Som is falling this week.More info about KingdomX 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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KT to KGS Conversion tables
Amount | 20:36 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 KT | с0.01752 | с0.01751 | +0.05% |
1 KT | с0.03504 | с0.03502 | +0.05% |
5 KT | с0.1752 | с0.1751 | +0.05% |
10 KT | с0.3504 | с0.3502 | +0.05% |
50 KT | с1.75 | с1.75 | +0.05% |
100 KT | с3.5 | с3.5 | +0.05% |
500 KT | с17.52 | с17.51 | +0.05% |
1000 KT | с35.04 | с35.02 | +0.05% |
KT to KGS FAQ
What factors influence the conversion rate of KT to KGS?
Popular exchange rates — Crypto-to-Fiat converter
The price of KingdomX in the US is $0.0004006 USD. Additionally, KingdomX’s price is €0.0003476 EUR in the eurozone, £0.0002977 GBP in the UK, C$0.0005501 CAD in Canada, ₹0.03470 INR in India, ₨0.1137 PKR in Pakistan, R$0.002209 BRL in Brazil, and more.
The most popular KingdomX currency pair is the KT to Kyrgystani Som(KGS). The price of 1 KingdomX (KT) in Kyrgystani Som (KGS) is с0.03504.
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