


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.
JTO to MKD conversion rate trend
JTO to MKD market statistics
More info about Jito on Bitget
Current JTO to MKD exchange rate
Jito to Kyrgystani Som is falling this week.JTO to MKD Conversion tables
The exchange rate of Jito is decreasing.JTO to MKD
MKD to JTO
JTO to MKD Today vs. 24 hours ago
Amount | 20:44 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 JTO | ден43.27 | ден43.4 | -0.32% |
1 JTO | ден86.53 | ден86.8 | -0.32% |
5 JTO | ден432.65 | ден434.02 | -0.32% |
10 JTO | ден865.3 | ден868.05 | -0.32% |
50 JTO | ден4,326.52 | ден4,340.25 | -0.32% |
100 JTO | ден8,653.04 | ден8,680.5 | -0.32% |
500 JTO | ден43,265.22 | ден43,402.48 | -0.32% |
1000 JTO | ден86,530.45 | ден86,804.96 | -0.32% |
JTO to MKD Today vs. 1 month ago
Amount | 20:44 today | 1 month ago | 1M change |
---|---|---|---|
0.5 JTO | ден43.27 | ден59.13 | -26.84% |
1 JTO | ден86.53 | ден118.26 | -26.84% |
5 JTO | ден432.65 | ден591.28 | -26.84% |
10 JTO | ден865.3 | ден1,182.57 | -26.84% |
50 JTO | ден4,326.52 | ден5,912.84 | -26.84% |
100 JTO | ден8,653.04 | ден11,825.68 | -26.84% |
500 JTO | ден43,265.22 | ден59,128.41 | -26.84% |
1000 JTO | ден86,530.45 | ден118,256.83 | -26.84% |
JTO to MKD Today vs. 1 year ago
Amount | 20:44 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 JTO | ден43.27 | ден85.66 | -49.51% |
1 JTO | ден86.53 | ден171.32 | -49.51% |
5 JTO | ден432.65 | ден856.58 | -49.51% |
10 JTO | ден865.3 | ден1,713.16 | -49.51% |
50 JTO | ден4,326.52 | ден8,565.81 | -49.51% |
100 JTO | ден8,653.04 | ден17,131.63 | -49.51% |
500 JTO | ден43,265.22 | ден85,658.14 | -49.51% |
1000 JTO | ден86,530.45 | ден171,316.29 | -49.51% |
How to convert JTO to MKD



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