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base info THORChain

THORChain to Kyrgystani Som Converter and calculator

Convert 1THORChain (RUNE) to Kyrgystani Som (KGS) equals с 470.11 | 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 THORChain currency pair is the RUNE to KGS, with for THORChain's currency code being RUNE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

RUNE to KGS conversion rate trend

1D7D1M3M1YAll
In the past 1D, THORChain has changed +1.58% to KGS. Based on the trend and price charts, THORChain(RUNE) has changed +1.58% to KGS while Kyrgystani Som(KGS) has changed % to RUNE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с476.34
0.0001% / 0.0004%vip-iconVIP
Binance
с474.74
0.1000% / 0.1000%
Yes
Huobi
с475.76
0.1000% / 0.1000%
Yes
Gate.io
с474.83
0.1000% / 0.1000%
Yes
Bybit
с476.33
0.1000% / 0.1000%
Yes
KuCoin
с475.53
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 16:00:30(UTC+0)

What factors influence the conversion rate of THORChain to Kyrgystani Som?

THORChain to Kyrgystani Som is falling this week.
THORChain's current market price is с 470.11 per RUNE, with a total market cap of с 157,022,006,330.63 KGS based on a circulating supply of 334,008,450 RUNE. The trading volume of THORChain has changed by -41.09% (с -27,559,281,014.71 KGS) in the last 24 hours. Last trading day, RUNE's trading volume was с 67,074,938,033.67.
Market cap
$1.76B
24h volume
$443.40M
Circulating supply
334.01M RUNE

Conversion tables

The exchange rate of THORChain is decreasing.
1 RUNE is currently valued at с 470.11 KGS , which means buying 5 RUNE will cost с 2,350.57 KGS . Similarly, с1 KGS can be traded for 0.002127 RUNE, and с50 KGS can be converted to 0.1064 RUNE, excluding any platform or gas fees.
The exchange rate of 1 RUNE to Kyrgystani Som has changed by -31.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.58%, reaching a high of 505.13 KGS and a low of 444.67 KGS . One month ago, the value of 1 RUNE was с 793.27 KGS , which represents a -40.74% change from its current value. Over the last year, THORChain has changed by
+с
54.35KGS
, resulting in a change of +216.98% in its value.

RUNE to KGS

Amount
16:48 today
0.5 RUNE
с235.06
1 RUNE
с470.11
5 RUNE
с2,350.57
10 RUNE
с4,701.14
50 RUNE
с23,505.7
100 RUNE
с47,011.39
500 RUNE
с235,056.96
1000 RUNE
с470,113.92

KGS to RUNE

Amount16:48 today
0.5KGS0.001064  RUNE
1KGS0.002127  RUNE
5KGS0.01064  RUNE
10KGS0.02127  RUNE
50KGS0.1064  RUNE
100KGS0.2127  RUNE
500KGS1.06  RUNE
1000KGS2.13  RUNE
share

Today vs. 24 hours ago

Amount16:48 today24 hours ago24h change
0.5 RUNE$2.64$2.6
+1.58%
1 RUNE$5.28$5.19
+1.58%
5 RUNE$26.38$25.97
+1.58%
10 RUNE$52.75$51.93
+1.58%
50 RUNE$263.75$259.66
+1.58%
100 RUNE$527.51$519.32
+1.58%
500 RUNE$2,637.53$2,596.6
+1.58%
1000 RUNE$5,275.07$5,193.19
+1.58%

Today vs. 1 month ago

Amount16:48 today1 month ago1M change
0.5 RUNE$2.64$4.45
-40.74%
1 RUNE$5.28$8.9
-40.74%
5 RUNE$26.38$44.51
-40.74%
10 RUNE$52.75$89.01
-40.74%
50 RUNE$263.75$445.06
-40.74%
100 RUNE$527.51$890.12
-40.74%
500 RUNE$2,637.53$4,450.58
-40.74%
1000 RUNE$5,275.07$8,901.17
-40.74%

Today vs. 1 year ago

Amount16:48 today1 year ago1Y change
0.5 RUNE$2.64$0.8326
+216.98%
1 RUNE$5.28$1.67
+216.98%
5 RUNE$26.38$8.33
+216.98%
10 RUNE$52.75$16.65
+216.98%
50 RUNE$263.75$83.26
+216.98%
100 RUNE$527.51$166.52
+216.98%
500 RUNE$2,637.53$832.6
+216.98%
1000 RUNE$5,275.07$1,665.21
+216.98%

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.