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base info Internet Computer

Internet Computer to Kyrgystani Som Converter and calculator

Convert 1Internet Computer (ICP) to Kyrgystani Som (KGS) equals с 1,122.13 | 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 Internet Computer currency pair is the ICP to KGS, with for Internet Computer's currency code being ICP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

ICP to KGS conversion rate trend

1D7D1M3M1YAll
In the past 1D, Internet Computer has changed +8.32% to KGS. Based on the trend and price charts, Internet Computer(ICP) has changed +8.32% to KGS while Kyrgystani Som(KGS) has changed % to ICP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с1,117.17
0.0001% / 0.0004%vip-iconVIP
Binance
с1,118.71
0.1000% / 0.1000%
Yes
Coinbase Exchange
с1,121.46
0.1000% / 0.1000%
Yes
OKX
с1,118.71
0.080% / 0.100%
Yes
Huobi
с1,117.9
0.1000% / 0.1000%
Yes
Gate.io
с1,120.84
0.1000% / 0.1000%
Yes
Bybit
с1,117.54
0.1000% / 0.1000%
Yes
KuCoin
с1,118.53
0.1000% / 0.1000%
Yes
Bitfinex
с1,121.02
0.1000% / 0.1000%
Yes
Last updated 2024/04/18 16:00:39(UTC+0)

What factors influence the conversion rate of Internet Computer to Kyrgystani Som?

Internet Computer to Kyrgystani Som is falling this week.
Internet Computer's current market price is с 1,122.13 per ICP, with a total market cap of с 519,242,644,155.96 KGS based on a circulating supply of 462,729,900 ICP. The trading volume of Internet Computer has changed by +12.92% (с 1,628,209,930.45 KGS) in the last 24 hours. Last trading day, ICP's trading volume was с 12,605,658,889.38.
Market cap
$5.83B
24h volume
$159.92M
Circulating supply
462.73M ICP

Conversion tables

The exchange rate of Internet Computer is increasing.
1 ICP is currently valued at с 1,122.13 KGS , which means buying 5 ICP will cost с 5,610.65 KGS . Similarly, с1 KGS can be traded for 0.0008912 ICP, and с50 KGS can be converted to 0.04456 ICP, excluding any platform or gas fees.
The exchange rate of 1 ICP to Kyrgystani Som has changed by -18.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.32%, reaching a high of 1,128.77 KGS and a low of 1,029.82 KGS . One month ago, the value of 1 ICP was с 1,035.42 KGS , which represents a +8.38% change from its current value. Over the last year, Internet Computer has changed by
+с
19.83KGS
, resulting in a change of +97.64% in its value.

ICP to KGS

Amount
16:40 today
0.5 ICP
с561.06
1 ICP
с1,122.13
5 ICP
с5,610.65
10 ICP
с11,221.29
50 ICP
с56,106.45
100 ICP
с112,212.9
500 ICP
с561,064.52
1000 ICP
с1,122,129.04

KGS to ICP

Amount16:40 today
0.5KGS0.0004456  ICP
1KGS0.0008912  ICP
5KGS0.004456  ICP
10KGS0.008912  ICP
50KGS0.04456  ICP
100KGS0.08912  ICP
500KGS0.4456  ICP
1000KGS0.8912  ICP
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Today vs. 24 hours ago

Amount16:40 today24 hours ago24h change
0.5 ICP$6.3$5.82
+8.32%
1 ICP$12.61$11.64
+8.32%
5 ICP$63.04$58.2
+8.32%
10 ICP$126.07$116.4
+8.32%
50 ICP$630.37$582.01
+8.32%
100 ICP$1,260.75$1,164.03
+8.32%
500 ICP$6,303.73$5,820.13
+8.32%
1000 ICP$12,607.47$11,640.27
+8.32%

Today vs. 1 month ago

Amount16:40 today1 month ago1M change
0.5 ICP$6.3$5.82
+8.38%
1 ICP$12.61$11.63
+8.38%
5 ICP$63.04$58.17
+8.38%
10 ICP$126.07$116.33
+8.38%
50 ICP$630.37$581.66
+8.38%
100 ICP$1,260.75$1,163.32
+8.38%
500 ICP$6,303.73$5,816.62
+8.38%
1000 ICP$12,607.47$11,633.24
+8.38%

Today vs. 1 year ago

Amount16:40 today1 year ago1Y change
0.5 ICP$6.3$3.19
+97.64%
1 ICP$12.61$6.38
+97.64%
5 ICP$63.04$31.92
+97.64%
10 ICP$126.07$63.85
+97.64%
50 ICP$630.37$319.23
+97.64%
100 ICP$1,260.75$638.47
+97.64%
500 ICP$6,303.73$3,192.35
+97.64%
1000 ICP$12,607.47$6,384.69
+97.64%

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.