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base info Avalanche

Avalanche to Kyrgystani Som Converter and calculator

Convert 1Avalanche (AVAX) to Kyrgystani Som (KGS) equals с 3,132.22 | 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 Avalanche currency pair is the AVAX to KGS, with for Avalanche's currency code being AVAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

AVAX to KGS conversion rate trend

1D7D1M3M1YAll
In the past 1D, Avalanche has changed +2.53% to KGS. Based on the trend and price charts, Avalanche(AVAX) has changed +2.53% to KGS while Kyrgystani Som(KGS) has changed % to AVAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с3,145.29
0.0001% / 0.0004%vip-iconVIP
Binance
с3,135.7
0.1000% / 0.1000%
Yes
Coinbase Exchange
с3,138.37
0.1000% / 0.1000%
Yes
Kraken
с3,159.73
0.1000% / 0.1000%
Yes
OKX
с3,137.21
0.080% / 0.100%
Yes
Huobi
с3,135.7
0.1000% / 0.1000%
Yes
Gate.io
с3,135.7
0.1000% / 0.1000%
Yes
Bybit
с3,145.07
0.1000% / 0.1000%
Yes
KuCoin
с3,135.88
0.1000% / 0.1000%
Yes
Bitfinex
с3,138.1
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 13:00:30(UTC+0)

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

Avalanche to Kyrgystani Som is falling this week.
Avalanche's current market price is с 3,132.22 per AVAX, with a total market cap of с 1,183,951,272,233.2 KGS based on a circulating supply of 377,990,620 AVAX. The trading volume of Avalanche has changed by -1.73% (с -1,056,833,532.51 KGS) in the last 24 hours. Last trading day, AVAX's trading volume was с 61,116,905,650.71.
Market cap
$13.30B
24h volume
$674.78M
Circulating supply
377.99M AVAX

Conversion tables

The exchange rate of Avalanche is decreasing.
1 AVAX is currently valued at с 3,132.22 KGS , which means buying 5 AVAX will cost с 15,661.12 KGS . Similarly, с1 KGS can be traded for 0.0003193 AVAX, and с50 KGS can be converted to 0.01596 AVAX, excluding any platform or gas fees.
The exchange rate of 1 AVAX to Kyrgystani Som has changed by -21.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.53%, reaching a high of 3,203.28 KGS and a low of 2,849.02 KGS . One month ago, the value of 1 AVAX was с 4,729.62 KGS , which represents a -33.77% change from its current value. Over the last year, Avalanche has changed by
+с
522.46KGS
, resulting in a change of +82.14% in its value.

AVAX to KGS

Amount
13:31 today
0.5 AVAX
с1,566.11
1 AVAX
с3,132.22
5 AVAX
с15,661.12
10 AVAX
с31,322.24
50 AVAX
с156,611.19
100 AVAX
с313,222.38
500 AVAX
с1,566,111.91
1000 AVAX
с3,132,223.83

KGS to AVAX

Amount13:31 today
0.5KGS0.0001596  AVAX
1KGS0.0003193  AVAX
5KGS0.001596  AVAX
10KGS0.003193  AVAX
50KGS0.01596  AVAX
100KGS0.03193  AVAX
500KGS0.1596  AVAX
1000KGS0.3193  AVAX
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Today vs. 24 hours ago

Amount13:31 today24 hours ago24h change
0.5 AVAX$17.6$17.16
+2.53%
1 AVAX$35.19$34.32
+2.53%
5 AVAX$175.95$171.62
+2.53%
10 AVAX$351.91$343.23
+2.53%
50 AVAX$1,759.55$1,716.17
+2.53%
100 AVAX$3,519.1$3,432.34
+2.53%
500 AVAX$17,595.48$17,161.7
+2.53%
1000 AVAX$35,190.96$34,323.41
+2.53%

Today vs. 1 month ago

Amount13:31 today1 month ago1M change
0.5 AVAX$17.6$26.57
-33.77%
1 AVAX$35.19$53.14
-33.77%
5 AVAX$175.95$265.69
-33.77%
10 AVAX$351.91$531.38
-33.77%
50 AVAX$1,759.55$2,656.9
-33.77%
100 AVAX$3,519.1$5,313.79
-33.77%
500 AVAX$17,595.48$26,568.96
-33.77%
1000 AVAX$35,190.96$53,137.92
-33.77%

Today vs. 1 year ago

Amount13:31 today1 year ago1Y change
0.5 AVAX$17.6$9.66
+82.14%
1 AVAX$35.19$19.32
+82.14%
5 AVAX$175.95$96.61
+82.14%
10 AVAX$351.91$193.21
+82.14%
50 AVAX$1,759.55$966.05
+82.14%
100 AVAX$3,519.1$1,932.1
+82.14%
500 AVAX$17,595.48$9,660.52
+82.14%
1000 AVAX$35,190.96$19,321.05
+82.14%

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.