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Shiba Inu to Kyrgystani Som Converter and calculator

Convert 1Shiba Inu (SHIB) to Kyrgystani Som (KGS) equals с 0.002063 | 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 Shiba Inu(SHIB) to Kyrgystani Som(KGS). This is the real-time data. The current conversion shows 1 SHIB at a value of 1 SHIB for 0.00 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 Shiba Inu currency pair is the SHIB to KGS, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

SHIB to KGS conversion rate trend

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In the past 1D, Shiba Inu has changed +1.44% to KGS. Based on the trend and price charts, Shiba Inu(SHIB) has changed +1.44% to KGS while Kyrgystani Som(KGS) has changed % to SHIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с0.002060
0.0001% / 0.0004%vip-iconVIP
Binance
с0.002059
0.1000% / 0.1000%
Yes
Coinbase Exchange
с0.002065
0.1000% / 0.1000%
Yes
Kraken
с0.002049
0.1000% / 0.1000%
Yes
OKX
с0.002059
0.080% / 0.100%
Yes
Huobi
с0.002060
0.1000% / 0.1000%
Yes
Gate.io
с0.002059
0.1000% / 0.1000%
Yes
Bybit
с0.002061
0.1000% / 0.1000%
Yes
KuCoin
с0.002060
0.1000% / 0.1000%
Yes
Bitfinex
с0.002059
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 13:00:32(UTC+0)

What factors influence the conversion rate of Shiba Inu to Kyrgystani Som?

Shiba Inu to Kyrgystani Som is falling this week.
Shiba Inu's current market price is с 0.002063 per SHIB, with a total market cap of с 1,215,707,796,214.36 KGS based on a circulating supply of 589,289,440,000,000 SHIB. The trading volume of Shiba Inu has changed by -36.25% (с -20,960,587,347.84 KGS) in the last 24 hours. Last trading day, SHIB's trading volume was с 57,815,132,874.1.
Market cap
$13.66B
24h volume
$414.02M
Circulating supply
589.29T SHIB

Conversion tables

The exchange rate of Shiba Inu is decreasing.
1 SHIB is currently valued at с 0.002063 KGS , which means buying 5 SHIB will cost с 0.01032 KGS . Similarly, с1 KGS can be traded for 484.73 SHIB, and с50 KGS can be converted to 24,236.47 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Kyrgystani Som has changed by -6.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.44%, reaching a high of 0.002071 KGS and a low of 0.001996 KGS . One month ago, the value of 1 SHIB was с 0.002428 KGS , which represents a -15.02% change from its current value. Over the last year, Shiba Inu has changed by
+с
0.001120KGS
, resulting in a change of +118.78% in its value.

SHIB to KGS

Amount
13:25 today
0.5 SHIB
с0.001032
1 SHIB
с0.002063
5 SHIB
с0.01032
10 SHIB
с0.02063
50 SHIB
с0.1032
100 SHIB
с0.2063
500 SHIB
с1.03
1000 SHIB
с2.06

KGS to SHIB

Amount13:25 today
0.5KGS242.36  SHIB
1KGS484.73  SHIB
5KGS2,423.65  SHIB
10KGS4,847.29  SHIB
50KGS24,236.47  SHIB
100KGS48,472.95  SHIB
500KGS242,364.74  SHIB
1000KGS484,729.48  SHIB
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Today vs. 24 hours ago

Amount13:25 today24 hours ago24h change
0.5 SHIB$0.{4}1159$0.{4}1142
+1.44%
1 SHIB$0.{4}2318$0.{4}2285
+1.44%
5 SHIB$0.0001159$0.0001142
+1.44%
10 SHIB$0.0002318$0.0002285
+1.44%
50 SHIB$0.001159$0.001142
+1.44%
100 SHIB$0.002318$0.002285
+1.44%
500 SHIB$0.01159$0.01142
+1.44%
1000 SHIB$0.02318$0.02285
+1.44%

Today vs. 1 month ago

Amount13:25 today1 month ago1M change
0.5 SHIB$0.{4}1159$0.{4}1364
-15.02%
1 SHIB$0.{4}2318$0.{4}2727
-15.02%
5 SHIB$0.0001159$0.0001364
-15.02%
10 SHIB$0.0002318$0.0002727
-15.02%
50 SHIB$0.001159$0.001364
-15.02%
100 SHIB$0.002318$0.002727
-15.02%
500 SHIB$0.01159$0.01364
-15.02%
1000 SHIB$0.02318$0.02727
-15.02%

Today vs. 1 year ago

Amount13:25 today1 year ago1Y change
0.5 SHIB$0.{4}1159$0.{5}5296
+118.78%
1 SHIB$0.{4}2318$0.{4}1059
+118.78%
5 SHIB$0.0001159$0.{4}5296
+118.78%
10 SHIB$0.0002318$0.0001059
+118.78%
50 SHIB$0.001159$0.0005296
+118.78%
100 SHIB$0.002318$0.001059
+118.78%
500 SHIB$0.01159$0.005296
+118.78%
1000 SHIB$0.02318$0.01059
+118.78%

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.