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base info Koyo

Koyo to Kyrgystani Som Converter and calculator

Convert 1Koyo (KOY) to Kyrgystani Som (KGS) equals с 0.06506 | 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 Koyo(KOY) to Kyrgystani Som(KGS). This is the real-time data. The current conversion shows 1 KOY at a value of 1 KOY for 0.07 KGS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Koyo currency pair is the KOY to KGS, with for Koyo's currency code being KOY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

KOY to KGS conversion rate trend

1D7D1M3M1YAll
In the past 1D, Koyo has changed -6.47% to KGS. Based on the trend and price charts, Koyo(KOY) has changed -6.47% to KGS while Kyrgystani Som(KGS) has changed % to KOY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с0.06506
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 00:33:48(UTC+0)

How to buy Koyo

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Koyo (KOY)
Use a variety of payment options to buy Koyo on Bitget. We'll show you how.

Buy KOY (or USDT) for KGS (Kyrgystani Som) offers

Bitget P2P trading does not currently support direct buying of KOY with KGS. However, you can buy USDT in Bitget P2P trading first, and then buy KOY with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell KOY (or USDT) for KGS (Kyrgystani Som) offers

Bitget P2P trading currently does not support direct selling of KOY to KGS. However, you can first exchange KOY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Koyo to Kyrgystani Som?

Koyo to Kyrgystani Som is falling this week.
Koyo's current market price is с 0.06506 per KOY, with a total market cap of с 0 KGS based on a circulating supply of -- KOY. The trading volume of Koyo has changed by +162.84% (с 71,275.38 KGS) in the last 24 hours. Last trading day, KOY's trading volume was с 43,770.19.
Market cap
$0
24h volume
$1.32K
Circulating supply
0 KOY

Conversion tables

The exchange rate of Koyo is decreasing.
1 KOY is currently valued at с 0.06506 KGS , which means buying 5 KOY will cost с 0.3253 KGS . Similarly, с1 KGS can be traded for 15.37 KOY, and с50 KGS can be converted to 768.49 KOY, excluding any platform or gas fees.
The exchange rate of 1 KOY to Kyrgystani Som has changed by -15.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.47%, reaching a high of 0.07225 KGS and a low of 0.06506 KGS . One month ago, the value of 1 KOY was с 0.07452 KGS , which represents a -12.69% change from its current value. Over the last year, Koyo has changed by
-с
0.09885KGS
, resulting in a change of -60.31% in its value.

KOY to KGS

Amount
01:07 am today
0.5 KOY
с0.03253
1 KOY
с0.06506
5 KOY
с0.3253
10 KOY
с0.6506
50 KOY
с3.25
100 KOY
с6.51
500 KOY
с32.53
1000 KOY
с65.06

KGS to KOY

Amount01:07 am today
0.5KGS7.68  KOY
1KGS15.37  KOY
5KGS76.85  KOY
10KGS153.7  KOY
50KGS768.49  KOY
100KGS1,536.97  KOY
500KGS7,684.86  KOY
1000KGS15,369.72  KOY

Today vs. 24 hours ago

Amount01:07 am today24 hours ago24h change
0.5 KOY$0.0003739$0.0003998
-6.47%
1 KOY$0.0007479$0.0007996
-6.47%
5 KOY$0.003739$0.003998
-6.47%
10 KOY$0.007479$0.007996
-6.47%
50 KOY$0.03739$0.03998
-6.47%
100 KOY$0.07479$0.07996
-6.47%
500 KOY$0.3739$0.3998
-6.47%
1000 KOY$0.7479$0.7996
-6.47%

Today vs. 1 month ago

Amount01:07 am today1 month ago1M change
0.5 KOY$0.0003739$0.0004283
-12.69%
1 KOY$0.0007479$0.0008566
-12.69%
5 KOY$0.003739$0.004283
-12.69%
10 KOY$0.007479$0.008566
-12.69%
50 KOY$0.03739$0.04283
-12.69%
100 KOY$0.07479$0.08566
-12.69%
500 KOY$0.3739$0.4283
-12.69%
1000 KOY$0.7479$0.8566
-12.69%

Today vs. 1 year ago

Amount01:07 am today1 year ago1Y change
0.5 KOY$0.0003739$0.0009420
-60.31%
1 KOY$0.0007479$0.001884
-60.31%
5 KOY$0.003739$0.009420
-60.31%
10 KOY$0.007479$0.01884
-60.31%
50 KOY$0.03739$0.09420
-60.31%
100 KOY$0.07479$0.1884
-60.31%
500 KOY$0.3739$0.9420
-60.31%
1000 KOY$0.7479$1.88
-60.31%

Koyo price prediction

What will the price of KOY be in 2025?

Based on KOY's historical price performance prediction model, the price of KOY is projected to reach $0.001603 in 2025.

What will the price of KOY be in 2030?

In 2030, the KOY price is expected to change by -9.00%. By the end of 2030, the KOY price is projected to reach $0.001828, with a cumulative ROI of +96.69%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Koyo and KGS.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Koyo and KGS. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Koyo in KGS, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.