BORING to KGS Converter and calculator

Conversion rates
Convert BORING to KGS
Convert KGS to BORING
BORING to KGS chart
BORING to KGS conversion data: Volatility and price changes of BORING in KGS
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.3486 KGS | -- KGS | -- KGS | -- KGS |
Low | 0.04468 KGS | -- KGS | -- KGS | -- KGS |
Average | 0 KGS | 0 KGS | 0 KGS | 0 KGS |
Volatility | % | % | % | % |
Change | +4.34% | -- | -- | -- |
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BORING information
BORING to KGS market statistics
Current BORING to KGS exchange rate
BORING to Kyrgystani Som is falling this week.More info about BORING on Bitget
Kyrgystani Som 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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BORING to KGS Conversion tables
| Amount | 23:27 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 BORING | с0.1193 | с-- | +4.34% |
1 BORING | с0.2387 | с-- | +4.34% |
5 BORING | с1.19 | с-- | +4.34% |
10 BORING | с2.39 | с-- | +4.34% |
50 BORING | с11.93 | с-- | +4.34% |
100 BORING | с23.87 | с-- | +4.34% |
500 BORING | с119.34 | с-- | +4.34% |
1000 BORING | с238.69 | с-- | +4.34% |
BORING to KGS FAQ
What factors influence the conversion rate of BORING to KGS?
Popular exchange rates — Crypto-to-Fiat converter
The price of BORING in the US is $0.002729 USD. Additionally, BORING’s price is €0.002325 EUR in the eurozone, £0.002040 GBP in the UK, C$0.003763 CAD in Canada, ₹0.2468 INR in India, ₨0.7646 PKR in Pakistan, R$0.01507 BRL in Brazil, and more.
The most popular BORING currency pair is the BORING to Kyrgystani Som(KGS). The price of 1 BORING (BORING) in Kyrgystani Som (KGS) is с0.2387.
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