Convert United States Dollar to Kyrgystani Som
Please provide values below to convert United States Dollar [USD] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to United States Dollar.
How to Convert United States Dollar to Kyrgystani Som
1 USD = 0.0114551211264508 KGS
Example: convert 15 USD to KGS:
15 USD = 15 × 0.0114551211264508 KGS = 0.171826816896762 KGS
United States Dollar to Kyrgystani Som Conversion Table
| United States Dollar | Kyrgystani Som |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.