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base info First Digital USD

First Digital USD to Kyrgystani Som Converter and calculator

Convert 1First Digital USD (FDUSD) to Kyrgystani Som (KGS) equals с 89.02 | 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 First Digital USD(FDUSD) to Kyrgystani Som(KGS). This is the real-time data. The current conversion shows 1 FDUSD at a value of 1 FDUSD for 89.02 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 First Digital USD currency pair is the FDUSD to KGS, with for First Digital USD's currency code being FDUSD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

FDUSD to KGS conversion rate trend

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In the past 1D, First Digital USD has changed -0.02% to KGS. Based on the trend and price charts, First Digital USD(FDUSD) has changed -0.02% to KGS while Kyrgystani Som(KGS) has changed % to FDUSD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с89.02
0.0001% / 0.0004%vip-iconVIP
Binance
с88.97
0.1000% / 0.1000%
Yes
Gate.io
с88.95
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 12:00:22(UTC+0)

What factors influence the conversion rate of First Digital USD to Kyrgystani Som?

First Digital USD to Kyrgystani Som is falling this week.
First Digital USD's current market price is с 89.02 per FDUSD, with a total market cap of с 319,454,584,625.77 KGS based on a circulating supply of 3,588,766,500 FDUSD. The trading volume of First Digital USD has changed by -34.07% (с -293,375,181,962.03 KGS) in the last 24 hours. Last trading day, FDUSD's trading volume was с 860,989,199,928.48.
Market cap
$3.59B
24h volume
$6.38B
Circulating supply
3.59B FDUSD

Conversion tables

The exchange rate of First Digital USD is increasing.
1 FDUSD is currently valued at с 89.02 KGS , which means buying 5 FDUSD will cost с 445.08 KGS . Similarly, с1 KGS can be traded for 0.01123 FDUSD, and с50 KGS can be converted to 0.5617 FDUSD, excluding any platform or gas fees.
The exchange rate of 1 FDUSD to Kyrgystani Som has changed by -0.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 89.19 KGS and a low of 88.88 KGS . One month ago, the value of 1 FDUSD was с 89 KGS , which represents a +0.02% change from its current value. Over the last year, First Digital USD has changed by
+с
0.005074KGS
, resulting in a change of --% in its value.

FDUSD to KGS

Amount
12:28 today
0.5 FDUSD
с44.51
1 FDUSD
с89.02
5 FDUSD
с445.08
10 FDUSD
с890.15
50 FDUSD
с4,450.76
100 FDUSD
с8,901.51
500 FDUSD
с44,507.57
1000 FDUSD
с89,015.15

KGS to FDUSD

Amount12:28 today
0.5KGS0.005617  FDUSD
1KGS0.01123  FDUSD
5KGS0.05617  FDUSD
10KGS0.1123  FDUSD
50KGS0.5617  FDUSD
100KGS1.12  FDUSD
500KGS5.62  FDUSD
1000KGS11.23  FDUSD
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Today vs. 24 hours ago

Amount12:28 today24 hours ago24h change
0.5 FDUSD$0.5000$0.5001
-0.02%
1 FDUSD$1.0000$1
-0.02%
5 FDUSD$5$5
-0.02%
10 FDUSD$10$10
-0.02%
50 FDUSD$50$50.01
-0.02%
100 FDUSD$100$100.02
-0.02%
500 FDUSD$499.99$500.09
-0.02%
1000 FDUSD$999.98$1,000.18
-0.02%

Today vs. 1 month ago

Amount12:28 today1 month ago1M change
0.5 FDUSD$0.5000$0.4999
+0.02%
1 FDUSD$1.0000$0.9998
+0.02%
5 FDUSD$5$5
+0.02%
10 FDUSD$10$10
+0.02%
50 FDUSD$50$49.99
+0.02%
100 FDUSD$100$99.98
+0.02%
500 FDUSD$499.99$499.89
+0.02%
1000 FDUSD$999.98$999.77
+0.02%

Today vs. 1 year ago

Amount12:28 today1 year ago1Y change
0.5 FDUSD$0.5000$-0.{4}3609
--
1 FDUSD$1.0000$-0.{4}7218
--
5 FDUSD$5$-0.0003609
--
10 FDUSD$10$-0.0007218
--
50 FDUSD$50$-0.003609
--
100 FDUSD$100$-0.007218
--
500 FDUSD$499.99$-0.03609
--
1000 FDUSD$999.98$-0.07218
--

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.