


MKD 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.
DRV to MKD conversion rate trend
DRV to MKD market statistics
More info about Derive on Bitget
Current DRV to MKD exchange rate
Derive to Kyrgystani Som is rising this week.DRV to MKD Conversion tables
The exchange rate of Derive is decreasing.DRV to MKD
MKD to DRV
DRV to MKD Today vs. 24 hours ago
Amount | 20:35 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DRV | ден0.5718 | ден0.5307 | +7.73% |
1 DRV | ден1.14 | ден1.06 | +7.73% |
5 DRV | ден5.72 | ден5.31 | +7.73% |
10 DRV | ден11.44 | ден10.61 | +7.73% |
50 DRV | ден57.18 | ден53.07 | +7.73% |
100 DRV | ден114.36 | ден106.15 | +7.73% |
500 DRV | ден571.78 | ден530.73 | +7.73% |
1000 DRV | ден1,143.57 | ден1,061.46 | +7.73% |
DRV to MKD Today vs. 1 month ago
Amount | 20:35 today | 1 month ago | 1M change |
---|---|---|---|
0.5 DRV | ден0.5718 | ден0.9655 | -40.78% |
1 DRV | ден1.14 | ден1.93 | -40.78% |
5 DRV | ден5.72 | ден9.65 | -40.78% |
10 DRV | ден11.44 | ден19.31 | -40.78% |
50 DRV | ден57.18 | ден96.55 | -40.78% |
100 DRV | ден114.36 | ден193.1 | -40.78% |
500 DRV | ден571.78 | ден965.49 | -40.78% |
1000 DRV | ден1,143.57 | ден1,930.98 | -40.78% |
DRV to MKD Today vs. 1 year ago
Amount | 20:35 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 DRV | ден0.5718 | ден-0.{4}2315 | -81.08% |
1 DRV | ден1.14 | ден-0.{4}4631 | -81.08% |
5 DRV | ден5.72 | ден-0.0002315 | -81.08% |
10 DRV | ден11.44 | ден-0.0004631 | -81.08% |
50 DRV | ден57.18 | ден-0.002315 | -81.08% |
100 DRV | ден114.36 | ден-0.004631 | -81.08% |
500 DRV | ден571.78 | ден-0.02315 | -81.08% |
1000 DRV | ден1,143.57 | ден-0.04631 | -81.08% |
How to convert DRV to MKD



Buy DRV (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|
Sell DRV (or USDT) for MKD (Macedonian Denar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|
What factors influence the conversion rate of DRV to MKD?
Derive price prediction
What will the price of DRV be in 2026?
What will the price of DRV be in 2031?
Other crypto price predictions










Bitget Earn
APR
Purchase other cryptocurrencies with similar market cap
Popular Derive Converter









Popular cryptocurrencies to MKD










Discover more cryptocurrencies
Latest coin listings on Bitget
FAQ
What is a cryptocurrency calculator?
How does a cryptocurrency calculator work?
How accurate is a cryptocurrency calculator?
Can I trust the results of a cryptocurrency calculator?
Can I use a cryptocurrency calculator for tax purposes?
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
