MEER to KGS Converter and calculator


Conversion rates
Convert MEER to KGS
Convert KGS to MEER
MEER to KGS chart
MEER to KGS conversion data: Volatility and price changes of Qitmeer Network in KGS
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.2890 KGS | 0.2913 KGS | 0.3887 KGS | 0.7848 KGS |
Low | 0.2771 KGS | 0.2766 KGS | 0.2622 KGS | 0.2622 KGS |
Average | 0 KGS | 0 KGS | 0 KGS | 0 KGS |
Volatility | % | % | % | % |
Change | -0.66% | +0.13% | -26.85% | -62.86% |
Qitmeer Network information
MEER to KGS market statistics
Current MEER to KGS exchange rate
Qitmeer Network to Kyrgystani Som is rising this week.More info about Qitmeer Network 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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MEER to KGS Conversion tables
Amount | 23:49 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MEER | с0.1368 | с0.1378 | -0.66% |
1 MEER | с0.2737 | с0.2755 | -0.66% |
5 MEER | с1.37 | с1.38 | -0.66% |
10 MEER | с2.74 | с2.76 | -0.66% |
50 MEER | с13.68 | с13.78 | -0.66% |
100 MEER | с27.37 | с27.55 | -0.66% |
500 MEER | с136.83 | с137.77 | -0.66% |
1000 MEER | с273.66 | с275.53 | -0.66% |
MEER to KGS FAQ
What factors influence the conversion rate of MEER to KGS?
Popular exchange rates — Crypto-to-Fiat converter
The price of Qitmeer Network in the US is $0.003135 USD. Additionally, Qitmeer Network’s price is €0.002679 EUR in the eurozone, £0.002284 GBP in the UK, C$0.004277 CAD in Canada, ₹0.2686 INR in India, ₨0.8884 PKR in Pakistan, R$0.01719 BRL in Brazil, and more.
The most popular Qitmeer Network currency pair is the MEER to Kyrgystani Som(KGS). The price of 1 Qitmeer Network (MEER) in Kyrgystani Som (KGS) is с0.2737.
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