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base info Arweave

Arweave to Uzbekistan Som Converter and calculator

Convert 1Arweave (AR) to Uzbekistan Som (UZS) equals so'm 597,701.99 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Arweave(AR) to Uzbekistan Som(UZS). This is the real-time data. The current conversion shows 1 AR at a value of 1 AR for 597,701.99 UZS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

UZS information

About Uzbekistan Som (UZS)

The Uzbekistan Som (UZS), introduced in 1993 following the dissolution of the Soviet Union, is more than just the national currency of Uzbekistan; it symbolizes the nation's transition to economic independence and its aspirations for future growth. It is commonly abbreviated as UZS and represented by the symbol so'm. Replacing the Soviet Ruble, the Som marked a significant step in Uzbekistan’s journey towards creating a market-oriented economy.

Historical Background

The introduction of the Uzbekistan Som was a crucial development in Uzbekistan’s post-Soviet economic transformation. It signified the country's departure from the Soviet economic system and was instrumental in laying the groundwork for an independent monetary policy. The Som's establishment coincided with Uzbekistan's broader efforts to diversify its economy and integrate into the global market.

Design and Symbolism

The design of the Uzbekistan Som reflects the country’s rich cultural heritage and history. Banknotes and coins feature images of historic figures, architectural landmarks, and symbols representing Uzbekistan’s art and culture. These designs serve not only as a medium for financial transactions but also as reminders of the nation's unique identity and pride.

Economic Role

The Som plays a central role in Uzbekistan’s economy, which includes significant sectors like cotton production, gold mining, and energy. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the daily economic activities of Uzbek citizens.

Monetary Policy and Stability

Managed by the Central Bank of Uzbekistan, the Som has navigated through various challenges, including inflation and currency devaluation. The central bank's monetary policies focus on stabilizing the currency, controlling inflation, and fostering a conducive environment for economic growth and stability.

International Trade and the Uzbekistan Som

In international trade, the stability of the Som is crucial, particularly for Uzbekistan’s exports like cotton, gold, and natural gas. A stable Som is vital for maintaining competitive export prices and for managing the import of essential goods.

Remittances and Economic Impact

Remittances from Uzbekistanis working abroad, particularly in Russia and Kazakhstan, are a significant source of foreign income. These remittances, converted into Soms, support many families and contribute to the national economy, providing a vital cushion against economic shocks.

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

AR to UZS conversion rate trend

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In the past 1D, Arweave has changed +0.07% to UZS. Based on the trend and price charts, Arweave(AR) has changed +0.07% to UZS while Uzbekistan Som(UZS) has changed % to AR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
so'm587,944.38
0.0001% / 0.0004%vip-iconVIP
Binance
so'm588,374.59
0.1000% / 0.1000%
Yes
OKX
so'm588,551.74
0.080% / 0.100%
Yes
Huobi
so'm588,082.3
0.1000% / 0.1000%
Yes
Gate.io
so'm588,501.12
0.1000% / 0.1000%
Yes
Bybit
so'm588,422.67
0.1000% / 0.1000%
Yes
KuCoin
so'm589,095.82
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 20:00:18(UTC+0)

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What factors influence the conversion rate of Arweave to Uzbekistan Som?

Arweave to Uzbekistan Som is rising this week.
Arweave's current market price is so'm 597,701.99 per AR, with a total market cap of so'm 39,122,095,550,190.46 UZS based on a circulating supply of 65,454,184 AR. The trading volume of Arweave has changed by -1.15% (so'm -10,607,591,568.87 UZS) in the last 24 hours. Last trading day, AR's trading volume was so'm 921,037,732,818.25.
Market cap
$3.09B
24h volume
$71.95M
Circulating supply
65.45M AR

Conversion tables

The exchange rate of Arweave is increasing.
1 AR is currently valued at so'm 597,701.99 UZS , which means buying 5 AR will cost so'm 2,988,509.93 UZS . Similarly, so'm1 UZS can be traded for 0.{5}1673 AR, and so'm50 UZS can be converted to 0.{4}8365 AR, excluding any platform or gas fees.
The exchange rate of 1 AR to Uzbekistan Som has changed by +11.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.07%, reaching a high of 601,620.79 UZS and a low of 579,117.04 UZS . One month ago, the value of 1 AR was so'm 352,470.87 UZS , which represents a +69.73% change from its current value. Over the last year, Arweave has changed by
+so'm
4,295.68UZS
, resulting in a change of +590.25% in its value.

AR to UZS

Amount
20:36 today
0.5 AR
so'm298,850.99
1 AR
so'm597,701.99
5 AR
so'm2,988,509.93
10 AR
so'm5,977,019.85
50 AR
so'm29,885,099.27
100 AR
so'm59,770,198.53
500 AR
so'm298,850,992.67
1000 AR
so'm597,701,985.33

UZS to AR

Amount20:36 today
0.5UZS0.{6}8365  AR
1UZS0.{5}1673  AR
5UZS0.{5}8365  AR
10UZS0.{4}1673  AR
50UZS0.{4}8365  AR
100UZS0.0001673  AR
500UZS0.0008365  AR
1000UZS0.001673  AR
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Today vs. 24 hours ago

Amount20:36 today24 hours ago24h change
0.5 AR$23.62$23.6
+0.07%
1 AR$47.24$47.2
+0.07%
5 AR$236.19$236.02
+0.07%
10 AR$472.37$472.04
+0.07%
50 AR$2,361.86$2,360.2
+0.07%
100 AR$4,723.72$4,720.39
+0.07%
500 AR$23,618.58$23,601.96
+0.07%
1000 AR$47,237.16$47,203.92
+0.07%

Today vs. 1 month ago

Amount20:36 today1 month ago1M change
0.5 AR$23.62$13.93
+69.73%
1 AR$47.24$27.86
+69.73%
5 AR$236.19$139.28
+69.73%
10 AR$472.37$278.56
+69.73%
50 AR$2,361.86$1,392.81
+69.73%
100 AR$4,723.72$2,785.62
+69.73%
500 AR$23,618.58$13,928.11
+69.73%
1000 AR$47,237.16$27,856.23
+69.73%
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Today vs. 1 year ago

Amount20:36 today1 year ago1Y change
0.5 AR$23.62$3.45
+590.25%
1 AR$47.24$6.9
+590.25%
5 AR$236.19$34.49
+590.25%
10 AR$472.37$68.98
+590.25%
50 AR$2,361.86$344.88
+590.25%
100 AR$4,723.72$689.77
+590.25%
500 AR$23,618.58$3,448.83
+590.25%
1000 AR$47,237.16$6,897.66
+590.25%

Arweave price prediction

What will the price of AR be in 2025?

Based on AR's historical price performance prediction model, the price of AR is projected to reach $60.37 in 2025.

What will the price of AR be in 2030?

In 2030, the AR price is expected to rise by -4.00%. By the end of 2030, the AR price is projected to reach $92.48, with a cumulative ROI of +95.77%.
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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.