


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.
MOVR to MKD conversion rate trend
MOVR to MKD market statistics
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Current MOVR to MKD exchange rate
Moonriver to Kyrgystani Som is falling this week.MOVR to MKD Conversion tables
The exchange rate of Moonriver is decreasing.MOVR to MKD
MKD to MOVR
MOVR to MKD Today vs. 24 hours ago
Amount | 10:13 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MOVR | ден141.17 | ден138.66 | +1.81% |
1 MOVR | ден282.35 | ден277.32 | +1.81% |
5 MOVR | ден1,411.74 | ден1,386.62 | +1.81% |
10 MOVR | ден2,823.49 | ден2,773.23 | +1.81% |
50 MOVR | ден14,117.44 | ден13,866.16 | +1.81% |
100 MOVR | ден28,234.88 | ден27,732.32 | +1.81% |
500 MOVR | ден141,174.39 | ден138,661.61 | +1.81% |
1000 MOVR | ден282,348.79 | ден277,323.21 | +1.81% |
MOVR to MKD Today vs. 1 month ago
Amount | 10:13 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 MOVR | ден141.17 | ден154.78 | -8.80% |
1 MOVR | ден282.35 | ден309.56 | -8.80% |
5 MOVR | ден1,411.74 | ден1,547.8 | -8.80% |
10 MOVR | ден2,823.49 | ден3,095.6 | -8.80% |
50 MOVR | ден14,117.44 | ден15,478.01 | -8.80% |
100 MOVR | ден28,234.88 | ден30,956.03 | -8.80% |
500 MOVR | ден141,174.39 | ден154,780.14 | -8.80% |
1000 MOVR | ден282,348.79 | ден309,560.28 | -8.80% |
MOVR to MKD Today vs. 1 year ago
Amount | 10:13 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 MOVR | ден141.17 | ден482.43 | -70.75% |
1 MOVR | ден282.35 | ден964.87 | -70.75% |
5 MOVR | ден1,411.74 | ден4,824.35 | -70.75% |
10 MOVR | ден2,823.49 | ден9,648.7 | -70.75% |
50 MOVR | ден14,117.44 | ден48,243.49 | -70.75% |
100 MOVR | ден28,234.88 | ден96,486.99 | -70.75% |
500 MOVR | ден141,174.39 | ден482,434.93 | -70.75% |
1000 MOVR | ден282,348.79 | ден964,869.86 | -70.75% |
How to convert MOVR to MKD



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