IOT to KGS Converter and calculator


Conversion rates
Convert IOT to KGS
Convert KGS to IOT
IOT to KGS chart
IOT to KGS conversion data: Volatility and price changes of Helium IOT in KGS
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.02707 KGS | 0.02856 KGS | 0.03692 KGS | 0.04627 KGS |
Low | 0.02583 KGS | 0.02386 KGS | 0.02364 KGS | 0.02364 KGS |
Average | 0 KGS | 0 KGS | 0 KGS | 0 KGS |
Volatility | % | % | % | % |
Change | +3.88% | +6.93% | -5.59% | -43.54% |
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Helium IOT information
IOT to KGS market statistics
Current IOT to KGS exchange rate
Helium IOT to Kyrgystani Som is rising this week.More info about Helium IOT 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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IOT to KGS Conversion tables
| Amount | 14:10 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 IOT | с0.01340 | с0.01290 | +3.88% |
1 IOT | с0.02680 | с0.02580 | +3.88% |
5 IOT | с0.1340 | с0.1290 | +3.88% |
10 IOT | с0.2680 | с0.2580 | +3.88% |
50 IOT | с1.34 | с1.29 | +3.88% |
100 IOT | с2.68 | с2.58 | +3.88% |
500 IOT | с13.4 | с12.9 | +3.88% |
1000 IOT | с26.8 | с25.8 | +3.88% |
IOT to KGS FAQ
What factors influence the conversion rate of IOT to KGS?
Popular exchange rates — Crypto-to-Fiat converter
The price of Helium IOT in the US is $0.0003065 USD. Additionally, Helium IOT’s price is €0.0002640 EUR in the eurozone, £0.0002288 GBP in the UK, C$0.0004289 CAD in Canada, ₹0.02692 INR in India, ₨0.08672 PKR in Pakistan, R$0.001652 BRL in Brazil, and more.
The most popular Helium IOT currency pair is the IOT to Kyrgystani Som(KGS). The price of 1 Helium IOT (IOT) in Kyrgystani Som (KGS) is с0.02680.
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