Mode to KGS Converter and calculator


Conversion rates
Convert Mode to KGS
Convert KGS to Mode
Mode to KGS chart
Mode to KGS conversion data: Volatility and price changes of The Mode in KGS
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.001631 KGS | -- KGS | -- KGS | -- KGS |
Low | 0.0006697 KGS | -- KGS | -- KGS | -- KGS |
Average | 0 KGS | 0 KGS | 0 KGS | 0 KGS |
Volatility | % | % | % | % |
Change | -0.38% | -- | -- | -- |
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The Mode information
Mode to KGS market statistics
Current Mode to KGS exchange rate
The Mode to Kyrgystani Som is falling this week.More info about The Mode 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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Mode to KGS Conversion tables
| Amount | 19:57 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 Mode | с0.0003809 | с-- | -0.38% |
1 Mode | с0.0007617 | с-- | -0.38% |
5 Mode | с0.003809 | с-- | -0.38% |
10 Mode | с0.007617 | с-- | -0.38% |
50 Mode | с0.03809 | с-- | -0.38% |
100 Mode | с0.07617 | с-- | -0.38% |
500 Mode | с0.3809 | с-- | -0.38% |
1000 Mode | с0.7617 | с-- | -0.38% |
Mode to KGS FAQ
What factors influence the conversion rate of Mode to KGS?
Popular exchange rates — Crypto-to-Fiat converter
The price of The Mode in the US is $0.{5}8711 USD. Additionally, The Mode’s price is €0.{5}7516 EUR in the eurozone, £0.{5}6613 GBP in the UK, C$0.{4}1215 CAD in Canada, ₹0.0007704 INR in India, ₨0.002447 PKR in Pakistan, R$0.{4}4675 BRL in Brazil, and more.
The most popular The Mode currency pair is the Mode to Kyrgystani Som(KGS). The price of 1 The Mode (Mode) in Kyrgystani Som (KGS) is с0.0007617.
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