Convert US Dollar to Kyrgyzstani Som
Convert US Dollar (USD) to Kyrgyzstani Som (KGS) using daily updated exchange rates.
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Exchange Rate
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About US Dollar
The US Dollar (USD) is the world's primary reserve currency, used in approximately 88% of all foreign exchange transactions globally. Introduced in 1792 with the Coinage Act, the dollar became the cornerstone of the international monetary system under the 1944 Bretton Woods Agreement. Even after the gold standard was abandoned in 1971, the dollar maintained its dominant status - oil and most global commodities are priced in dollars, and major sovereign debt is primarily denominated in USD. The Federal Reserve System (Fed) manages US monetary policy.
About Kyrgyzstani Som
The Kyrgyzstani Som (KGS) has been the official currency of Kyrgyzstan since 1993, replacing the Soviet ruble following independence. The word "som" means "pure" in Kyrgyz and several other Turkic languages, historically referring to pure silver or gold. The National Bank of the Kyrgyz Republic manages monetary policy with a managed float regime. Kyrgyzstan is a Central Asian country with a landlocked mountain economy dependent on gold mining (the Kumtor mine is one of Central Asia's largest), remittances from workers in Russia and Kazakhstan, agriculture, and some manufacturing.
Quick Reference Table
| US Dollar (USD) | Kyrgyzstani Som (KGS) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).