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VARA to KGS Converter and calculator

VARA/KGS: 1 VARA = 0.5630 KGS. The price of converting 1 Vara Network (VARA) to Kyrgystani Som (KGS) is 0.5630 KGS today.
VARA
VARA
KGS
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VARA to KGS real-time exchange rates, making it easy to convert Vara Network (VARA) to Kyrgystani Som (KGS). The conversion result is based on real-time data. The conversion result shows that 1 VARA is currently valued at 0.56 KGS. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VARA is currently valued at 0.56 KGS, which means buying 5 VARA would cost 2.82 KGS. Similarly, с1 KGS can be converted to 1.78 VARA, and с50 KGS can be converted to 8.88 VARA, excluding any platform or gas fees.

Convert VARA to KGS

Convert KGS to VARA

Vara Network
Kyrgystani Som
1000 VARA
563.03  KGS
5000 VARA
2,815.15  KGS
10000 VARA
5,630.3  KGS
In the table above, you'll find a comprehensive VARA to KGS converter that shows the value of Vara Network in Kyrgystani Som across commonly used conversion amounts. The list covers conversions from 1 VARA to KGS, all the way up to 10000 VARA, providing a clear view of their respective values.
Kyrgystani Som
Vara Network
10000 KGS
17,761.05 VARA
50000 KGS
88,805.25 VARA
100000 KGS
177,610.5 VARA
In the table above, you'll find a comprehensive KGS to VARA converter that shows the value of Kyrgystani Som in Vara Network across commonly used conversion amounts. The list covers conversions from 1 KGS to VARA, all the way up to 100000 KGS, providing a clear view of their respective values.

VARA to KGS chart

VARA/KGS: 1 VARA = 0.5630 KGS; 2025/05/08 05:48:39
In the past 1D, Vara Network has changed +1.97% to KGS. Based on the trend and price charts, Vara Network(VARA) has changed +1.97% to KGS while Kyrgystani Som(KGS) has changed % to VARA in the last 24 hours.
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VARA to KGS conversion data: Volatility and price changes of Vara Network in KGS

The highest Vara Network price in KGS over the past 7 days was 0.6568 KGS while the lowest Vara Network price in KGS over the past 7 days was 0.5397 KGS. The relative change between the highs and lows in Vara Network price in KGS over the last 7 days indicates a volatility of %. You can view additional volatility data and VARA to KGS prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.5638 KGS
0.6568 KGS
0.7826 KGS
1.72 KGS
Low
0.5473 KGS
0.5397 KGS
0.4122 KGS
0.4115 KGS
Average
0 KGS
0 KGS
0 KGS
0 KGS
Volatility
%
%
%
%
Change
+1.97%
+2.31%
+21.26%
-58.60%

Vara Network information

VARA to KGS market statistics

VARA/KGS:
с0.5630
VARA 24h volume:
с18,498,475.63
VARA market cap:
с1,614,587,660.86
VARA circulating supply:
2.87B VARA

Current VARA to KGS exchange rate

Vara Network to Kyrgystani Som is rising this week.
Vara Network's current market price is с0.5630 per VARA, with a total market cap of с1,614,587,660.86 KGS based on a circulating supply of 2,867,677,200 VARA. The trading volume of Vara Network has changed by -13.16% (с-2,803,708.23 KGS) in the last 24 hours. Last trading day, VARA's trading volume was с21,302,183.86.

More info about Vara Network on Bitget

Kyrgystani Som 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.

Bitget crypto-to-fiat exchange data shows that the most popular Vara Network currency pair is the VARA to KGS, with for Vara Network's currency code being VARA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

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How to convert VARA to KGS

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1 VARA to с0.5630 KGS
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VARA to KGS Conversion tables

The exchange rate of Vara Network is increasing.
The exchange rate of 1 VARA to Kyrgystani Som has changed by +2.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.97%, reaching a high of 0.5638 KGS and a low of 0.5473 KGS . One month ago, the value of 1 VARA was с0.4643 KGS , which represents a +21.26% change from its current value. Over the last year, Vara Network has changed by
-с
7.13KGS
, resulting in a change of -92.68% in its value.
24 hours ago1 month ago1 year ago
Amount05:48 am today24 hours ago24h change
0.5 VARAс0.2815с0.2761
+1.97%
1 VARAс0.5630с0.5522
+1.97%
5 VARAс2.82с2.76
+1.97%
10 VARAс5.63с5.52
+1.97%
50 VARAс28.15с27.61
+1.97%
100 VARAс56.3с55.22
+1.97%
500 VARAс281.51с276.09
+1.97%
1000 VARAс563.03с552.17
+1.97%

VARA to KGS FAQ

How much is 1 Vara Network in KGS?
Right now, the price of 1 Vara Network (VARA) in Kyrgystani Som (KGS) is с0.5630.
How much VARA can I buy for 1 KGS?
Based on the current exchange rate, you can get 1.78 VARA for 1 KGS.
How do I calculate or convert VARA to KGS?
You can use our VARA to KGS calculator at the top of this page to convert any amount of VARA to KGS. We've also included quick-reference tables for the most popular conversions. For example, 5 KGS is equivalent to 8.88 VARA, while 5 VARA will cost around 2.82KGS.
What is the highest price of VARA/KGS in history?
The all-time high price of 1 VARA in KGS is с17.08. It remains to be seen if the value of 1 VARA/KGS will exceed the current all-time high.
What is the price trend of Vara Network in KGS?
Over the past 7 days, the exchange rate of Vara Network (VARA) has gone up by 2.31%.   Over the last month, the exchange rate of Vara Network (VARA) has gone up by 21.26% against Kyrgystani Som (KGS).

What factors influence the conversion rate of VARA to KGS?

There are many factors that affect the relationship between Vara Network and Kyrgystani Som, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of VARA/KGS. When there is positive news in the market about the widespread adoption of VARA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VARA/KGS. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VARA/KGS.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of VARA/KGS. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Vara Network and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.