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Bitcoin to Kyrgystani Som Converter and calculator

Convert 1Bitcoin (BTC) to Kyrgystani Som (KGS) equals с 5,690,937.9 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Bitcoin(BTC) to Kyrgystani Som(KGS). This is the real-time data. The current conversion shows 1 BTC at a value of 1 BTC for 5,690,937.90 KGS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Bitcoin currency pair is the BTC to KGS, with for Bitcoin's currency code being BTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

BTC to KGS conversion rate trend

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In the past 1D, Bitcoin has changed -1.34% to KGS. Based on the trend and price charts, Bitcoin(BTC) has changed -1.34% to KGS while Kyrgystani Som(KGS) has changed % to BTC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с5,684,022.2
0.0001% / 0.0004%vip-iconVIP
Binance
с5,683,686.61
0.1000% / 0.1000%
Yes
Coinbase Exchange
с5,682,374.51
0.1000% / 0.1000%
Yes
Kraken
с5,684,477.97
0.1000% / 0.1000%
Yes
OKX
с5,683,934.97
0.080% / 0.100%
Yes
Huobi
с5,683,537.95
0.1000% / 0.1000%
Yes
Gate.io
с5,683,222.84
0.1000% / 0.1000%
Yes
Bybit
с5,684,030.22
0.1000% / 0.1000%
Yes
KuCoin
с5,683,427.57
0.1000% / 0.1000%
Yes
Bitfinex
с5,683,258.44
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 13:00:32(UTC+0)

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

Bitcoin to Kyrgystani Som is falling this week.
Bitcoin's current market price is с 5,690,937.9 per BTC, with a total market cap of с 112,041,651,879,939.3 KGS based on a circulating supply of 19,687,732 BTC. The trading volume of Bitcoin has changed by -41.26% (с -1,844,014,041,480.56 KGS) in the last 24 hours. Last trading day, BTC's trading volume was с 4,468,863,699,436.22.
Market cap
$1.26T
24h volume
$29.49B
Circulating supply
19.69M BTC

Conversion tables

The exchange rate of Bitcoin is decreasing.
1 BTC is currently valued at с 5,690,937.9 KGS , which means buying 5 BTC will cost с 28,454,689.48 KGS . Similarly, с1 KGS can be traded for 0.{6}1757 BTC, and с50 KGS can be converted to 0.{5}8786 BTC, excluding any platform or gas fees.
The exchange rate of 1 BTC to Kyrgystani Som has changed by -5.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.34%, reaching a high of 5,786,062.71 KGS and a low of 5,611,321.54 KGS . One month ago, the value of 1 BTC was с 6,005,915.66 KGS , which represents a -5.24% change from its current value. Over the last year, Bitcoin has changed by
+с
513,140.51KGS
, resulting in a change of +126.86% in its value.

BTC to KGS

Amount
13:13 today
0.5 BTC
с2,845,468.95
1 BTC
с5,690,937.9
5 BTC
с28,454,689.48
10 BTC
с56,909,378.96
50 BTC
с284,546,894.8
100 BTC
с569,093,789.6
500 BTC
с2,845,468,947.98
1000 BTC
с5,690,937,895.95

KGS to BTC

Amount13:13 today
0.5KGS0.{7}8786  BTC
1KGS0.{6}1757  BTC
5KGS0.{6}8786  BTC
10KGS0.{5}1757  BTC
50KGS0.{5}8786  BTC
100KGS0.{4}1757  BTC
500KGS0.{4}8786  BTC
1000KGS0.0001757  BTC
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Today vs. 24 hours ago

Amount13:13 today24 hours ago24h change
0.5 BTC$31,965.63$32,400.7
-1.34%
1 BTC$63,931.27$64,801.4
-1.34%
5 BTC$319,656.35$324,007
-1.34%
10 BTC$639,312.7$648,014
-1.34%
50 BTC$3,196,563.5$3,240,070
-1.34%
100 BTC$6,393,127$6,480,140
-1.34%
500 BTC$31,965,635$32,400,700
-1.34%
1000 BTC$63,931,270$64,801,400
-1.34%

Today vs. 1 month ago

Amount13:13 today1 month ago1M change
0.5 BTC$31,965.63$33,734.85
-5.24%
1 BTC$63,931.27$67,469.69
-5.24%
5 BTC$319,656.35$337,348.45
-5.24%
10 BTC$639,312.7$674,696.9
-5.24%
50 BTC$3,196,563.5$3,373,484.5
-5.24%
100 BTC$6,393,127$6,746,969
-5.24%
500 BTC$31,965,635$33,734,845
-5.24%
1000 BTC$63,931,270$67,469,690
-5.24%

Today vs. 1 year ago

Amount13:13 today1 year ago1Y change
0.5 BTC$31,965.63$14,083.36
+126.86%
1 BTC$63,931.27$28,166.72
+126.86%
5 BTC$319,656.35$140,833.58
+126.86%
10 BTC$639,312.7$281,667.15
+126.86%
50 BTC$3,196,563.5$1,408,335.75
+126.86%
100 BTC$6,393,127$2,816,671.5
+126.86%
500 BTC$31,965,635$14,083,357.5
+126.86%
1000 BTC$63,931,270$28,166,715
+126.86%

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.