Convert Kyrgystani Som to Chinese Yuan
Please provide values below to convert Kyrgystani Som [KGS] to Chinese Yuan [CNY], or Convert Chinese Yuan to Kyrgystani Som.
How to Convert Kyrgystani Som to Chinese Yuan
1 KGS = 12.168722731011 CNY
Example: convert 15 KGS to CNY:
15 KGS = 15 × 12.168722731011 CNY = 182.530840965165 CNY
Kyrgystani Som to Chinese Yuan Conversion Table
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Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).