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base info Tether USDt

Tether USDt to Kyrgystani Som Converter and calculator

Convert 1Tether USDt (USDT) to Kyrgystani Som (KGS) equals с 88.88 | 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 Tether USDt(USDT) to Kyrgystani Som(KGS). This is the real-time data. The current conversion shows 1 USDT at a value of 1 USDT for 88.88 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 Tether USDt currency pair is the USDT to KGS, with for Tether USDt's currency code being USDT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

USDT to KGS conversion rate trend

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In the past 1D, Tether USDt has changed -0.03% to KGS. Based on the trend and price charts, Tether USDt(USDT) has changed -0.03% to KGS while Kyrgystani Som(KGS) has changed % to USDT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с88.88
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/23 20:35:00(UTC+0)

What factors influence the conversion rate of Tether USDt to Kyrgystani Som?

Tether USDt to Kyrgystani Som is falling this week.
Tether USDt's current market price is с 88.88 per USDT, with a total market cap of с 9,812,407,525,902.06 KGS based on a circulating supply of 110,404,070,000 USDT. The trading volume of Tether USDt has changed by -3.35% (с -154,183,458,848.52 KGS) in the last 24 hours. Last trading day, USDT's trading volume was с 4,598,373,362,616.03.
Market cap
$110.44B
24h volume
$50.02B
Circulating supply
110.40B USDT

Conversion tables

The exchange rate of Tether USDt is increasing.
1 USDT is currently valued at с 88.88 KGS , which means buying 5 USDT will cost с 444.39 KGS . Similarly, с1 KGS can be traded for 0.01125 USDT, and с50 KGS can be converted to 0.5626 USDT, excluding any platform or gas fees.
The exchange rate of 1 USDT to Kyrgystani Som has changed by -0.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.03%, reaching a high of 88.97 KGS and a low of 88.84 KGS . One month ago, the value of 1 USDT was с 88.87 KGS , which represents a +0.01% change from its current value. Over the last year, Tether USDt has changed by
-с
0.002616KGS
, resulting in a change of -0.00% in its value.

USDT to KGS

Amount
20:35 today
0.5 USDT
с44.44
1 USDT
с88.88
5 USDT
с444.39
10 USDT
с888.77
50 USDT
с4,443.86
100 USDT
с8,887.72
500 USDT
с44,438.61
1000 USDT
с88,877.23

KGS to USDT

Amount20:35 today
0.5KGS0.005626  USDT
1KGS0.01125  USDT
5KGS0.05626  USDT
10KGS0.1125  USDT
50KGS0.5626  USDT
100KGS1.13  USDT
500KGS5.63  USDT
1000KGS11.25  USDT
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Today vs. 24 hours ago

Amount20:35 today24 hours ago24h change
0.5 USDT$0.5001$0.5003
-0.03%
1 USDT$1$1
-0.03%
5 USDT$5$5
-0.03%
10 USDT$10$10.01
-0.03%
50 USDT$50.01$50.03
-0.03%
100 USDT$100.03$100.06
-0.03%
500 USDT$500.15$500.32
-0.03%
1000 USDT$1,000.3$1,000.65
-0.03%

Today vs. 1 month ago

Amount20:35 today1 month ago1M change
0.5 USDT$0.5001$0.5001
+0.01%
1 USDT$1$1
+0.01%
5 USDT$5$5
+0.01%
10 USDT$10$10
+0.01%
50 USDT$50.01$50.01
+0.01%
100 USDT$100.03$100.02
+0.01%
500 USDT$500.15$500.12
+0.01%
1000 USDT$1,000.3$1,000.23
+0.01%

Today vs. 1 year ago

Amount20:35 today1 year ago1Y change
0.5 USDT$0.5001$0.5002
-0.00%
1 USDT$1$1
-0.00%
5 USDT$5$5
-0.00%
10 USDT$10$10
-0.00%
50 USDT$50.01$50.02
-0.00%
100 USDT$100.03$100.03
-0.00%
500 USDT$500.15$500.16
-0.00%
1000 USDT$1,000.3$1,000.33
-0.00%

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.