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base info Tether USDt

Tether USDt to Uzbekistan Som Converter and calculator

Convert 1Tether USDt (USDT) to Uzbekistan Som (UZS) equals so'm 12,674.33 | 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 Uzbekistan Som(UZS). This is the real-time data. The current conversion shows 1 USDT at a value of 1 USDT for 12,674.33 UZS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

UZS information

About Uzbekistan Som (UZS)

The Uzbekistan Som (UZS), introduced in 1993 following the dissolution of the Soviet Union, is more than just the national currency of Uzbekistan; it symbolizes the nation's transition to economic independence and its aspirations for future growth. It is commonly abbreviated as UZS and represented by the symbol so'm. Replacing the Soviet Ruble, the Som marked a significant step in Uzbekistan’s journey towards creating a market-oriented economy.

Historical Background

The introduction of the Uzbekistan Som was a crucial development in Uzbekistan’s post-Soviet economic transformation. It signified the country's departure from the Soviet economic system and was instrumental in laying the groundwork for an independent monetary policy. The Som's establishment coincided with Uzbekistan's broader efforts to diversify its economy and integrate into the global market.

Design and Symbolism

The design of the Uzbekistan Som reflects the country’s rich cultural heritage and history. Banknotes and coins feature images of historic figures, architectural landmarks, and symbols representing Uzbekistan’s art and culture. These designs serve not only as a medium for financial transactions but also as reminders of the nation's unique identity and pride.

Economic Role

The Som plays a central role in Uzbekistan’s economy, which includes significant sectors like cotton production, gold mining, and energy. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the daily economic activities of Uzbek citizens.

Monetary Policy and Stability

Managed by the Central Bank of Uzbekistan, the Som has navigated through various challenges, including inflation and currency devaluation. The central bank's monetary policies focus on stabilizing the currency, controlling inflation, and fostering a conducive environment for economic growth and stability.

International Trade and the Uzbekistan Som

In international trade, the stability of the Som is crucial, particularly for Uzbekistan’s exports like cotton, gold, and natural gas. A stable Som is vital for maintaining competitive export prices and for managing the import of essential goods.

Remittances and Economic Impact

Remittances from Uzbekistanis working abroad, particularly in Russia and Kazakhstan, are a significant source of foreign income. These remittances, converted into Soms, support many families and contribute to the national economy, providing a vital cushion against economic shocks.

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Bitget crypto-to-fiat exchange data shows that the most popular Tether USDt currency pair is the USDT to UZS, with for Tether USDt's currency code being USDT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UZS.

USDT to UZS conversion rate trend

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In the past 1D, Tether USDt has changed -0.01% to UZS. Based on the trend and price charts, Tether USDt(USDT) has changed -0.01% to UZS while Uzbekistan Som(UZS) has changed % to USDT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
so'm12,674.33
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/20 17:09:56(UTC+0)

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

Tether USDt to Uzbekistan Som is rising this week.
Tether USDt's current market price is so'm 12,674.33 per USDT, with a total market cap of so'm 1,390,556,721,475,733.5 UZS based on a circulating supply of 109,714,380,000 USDT. The trading volume of Tether USDt has changed by -43.92% (so'm -461,409,479,418,544.94 UZS) in the last 24 hours. Last trading day, USDT's trading volume was so'm 1,050,627,834,959,970.4.
Market cap
$109.76B
24h volume
$46.51B
Circulating supply
109.71B USDT

Conversion tables

The exchange rate of Tether USDt is increasing.
1 USDT is currently valued at so'm 12,674.33 UZS , which means buying 5 USDT will cost so'm 63,371.67 UZS . Similarly, so'm1 UZS can be traded for 0.{4}7890 USDT, and so'm50 UZS can be converted to 0.003945 USDT, excluding any platform or gas fees.
The exchange rate of 1 USDT to Uzbekistan Som has changed by +0.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 12,686.02 UZS and a low of 12,669.52 UZS . One month ago, the value of 1 USDT was so'm 12,668.66 UZS , which represents a +0.04% change from its current value. Over the last year, Tether USDt has changed by
+so'm
1.92UZS
, resulting in a change of +0.02% in its value.

USDT to UZS

Amount
17:09 today
0.5 USDT
so'm6,337.17
1 USDT
so'm12,674.33
5 USDT
so'm63,371.67
10 USDT
so'm126,743.34
50 USDT
so'm633,716.69
100 USDT
so'm1,267,433.39
500 USDT
so'm6,337,166.94
1000 USDT
so'm12,674,333.88

UZS to USDT

Amount17:09 today
0.5UZS0.{4}3945  USDT
1UZS0.{4}7890  USDT
5UZS0.0003945  USDT
10UZS0.0007890  USDT
50UZS0.003945  USDT
100UZS0.007890  USDT
500UZS0.03945  USDT
1000UZS0.07890  USDT
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Today vs. 24 hours ago

Amount17:09 today24 hours ago24h change
0.5 USDT$0.5002$0.5002
-0.01%
1 USDT$1$1
-0.01%
5 USDT$5$5
-0.01%
10 USDT$10$10
-0.01%
50 USDT$50.02$50.02
-0.01%
100 USDT$100.04$100.04
-0.01%
500 USDT$500.19$500.22
-0.01%
1000 USDT$1,000.38$1,000.43
-0.01%

Today vs. 1 month ago

Amount17:09 today1 month ago1M change
0.5 USDT$0.5002$0.5000
+0.04%
1 USDT$1$0.9999
+0.04%
5 USDT$5$5
+0.04%
10 USDT$10$10
+0.04%
50 USDT$50.02$50
+0.04%
100 USDT$100.04$99.99
+0.04%
500 USDT$500.19$499.97
+0.04%
1000 USDT$1,000.38$999.93
+0.04%

Today vs. 1 year ago

Amount17:09 today1 year ago1Y change
0.5 USDT$0.5002$0.5001
+0.02%
1 USDT$1$1
+0.02%
5 USDT$5$5
+0.02%
10 USDT$10$10
+0.02%
50 USDT$50.02$50.01
+0.02%
100 USDT$100.04$100.02
+0.02%
500 USDT$500.19$500.11
+0.02%
1000 USDT$1,000.38$1,000.23
+0.02%

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.