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base info Arbitrum

Arbitrum to Kyrgystani Som Converter and calculator

Convert 1Arbitrum (ARB) to Kyrgystani Som (KGS) equals с 102.58 | Bitget

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.

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Bitget crypto-to-fiat exchange data shows that the most popular Arbitrum currency pair is the ARB to KGS, with for Arbitrum's currency code being ARB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

ARB to KGS conversion rate trend

1D7D1M3M1YAll
In the past 1D, Arbitrum has changed -1.65% to KGS. Based on the trend and price charts, Arbitrum(ARB) has changed -1.65% to KGS while Kyrgystani Som(KGS) has changed % to ARB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с103.72
0.0001% / 0.0004%vip-iconVIP
Binance
с102.69
0.1000% / 0.1000%
Yes
OKX
с102.69
0.080% / 0.100%
Yes
Huobi
с102.74
0.1000% / 0.1000%
Yes
Gate.io
с102.65
0.1000% / 0.1000%
Yes
Bybit
с102.76
0.1000% / 0.1000%
Yes
KuCoin
с102.75
0.1000% / 0.1000%
Yes
Bitfinex
с102.7
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 00:00:39(UTC+0)

What factors influence the conversion rate of Arbitrum to Kyrgystani Som?

Arbitrum to Kyrgystani Som is falling this week.
Arbitrum's current market price is с 102.58 per ARB, with a total market cap of с 272,238,383,602.35 KGS based on a circulating supply of 2,653,939,500 ARB. The trading volume of Arbitrum has changed by -23.61% (с -16,933,027,903.73 KGS) in the last 24 hours. Last trading day, ARB's trading volume was с 71,730,361,992.36.
Market cap
$3.05B
24h volume
$614.87M
Circulating supply
2.65B ARB

Conversion tables

The exchange rate of Arbitrum is decreasing.
1 ARB is currently valued at с 102.58 KGS , which means buying 5 ARB will cost с 512.89 KGS . Similarly, с1 KGS can be traded for 0.009749 ARB, and с50 KGS can be converted to 0.4874 ARB, excluding any platform or gas fees.
The exchange rate of 1 ARB to Kyrgystani Som has changed by -27.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.65%, reaching a high of 112.81 KGS and a low of 100.19 KGS . One month ago, the value of 1 ARB was с 157.68 KGS , which represents a -34.94% change from its current value. Over the last year, Arbitrum has changed by
-с
47.15KGS
, resulting in a change of -31.49% in its value.

ARB to KGS

Amount
00:20 am today
0.5 ARB
с51.29
1 ARB
с102.58
5 ARB
с512.89
10 ARB
с1,025.79
50 ARB
с5,128.95
100 ARB
с10,257.9
500 ARB
с51,289.49
1000 ARB
с102,578.97

KGS to ARB

Amount00:20 am today
0.5KGS0.004874  ARB
1KGS0.009749  ARB
5KGS0.04874  ARB
10KGS0.09749  ARB
50KGS0.4874  ARB
100KGS0.9749  ARB
500KGS4.87  ARB
1000KGS9.75  ARB
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Today vs. 24 hours ago

Amount00:20 am today24 hours ago24h change
0.5 ARB$0.5755$0.5852
-1.65%
1 ARB$1.15$1.17
-1.65%
5 ARB$5.76$5.85
-1.65%
10 ARB$11.51$11.7
-1.65%
50 ARB$57.55$58.52
-1.65%
100 ARB$115.1$117.03
-1.65%
500 ARB$575.51$585.17
-1.65%
1000 ARB$1,151.02$1,170.33
-1.65%

Today vs. 1 month ago

Amount00:20 am today1 month ago1M change
0.5 ARB$0.5755$0.8846
-34.94%
1 ARB$1.15$1.77
-34.94%
5 ARB$5.76$8.85
-34.94%
10 ARB$11.51$17.69
-34.94%
50 ARB$57.55$88.46
-34.94%
100 ARB$115.1$176.93
-34.94%
500 ARB$575.51$884.63
-34.94%
1000 ARB$1,151.02$1,769.25
-34.94%

Today vs. 1 year ago

Amount00:20 am today1 year ago1Y change
0.5 ARB$0.5755$0.8400
-31.49%
1 ARB$1.15$1.68
-31.49%
5 ARB$5.76$8.4
-31.49%
10 ARB$11.51$16.8
-31.49%
50 ARB$57.55$84
-31.49%
100 ARB$115.1$168
-31.49%
500 ARB$575.51$840.02
-31.49%
1000 ARB$1,151.02$1,680.05
-31.49%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.