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Pax Dollar to Kyrgystani Som Converter and calculator

Convert 1Pax Dollar (USDP) to Kyrgystani Som (KGS) equals с 87 | 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 Pax Dollar(USDP) to Kyrgystani Som(KGS). This is the real-time data. The current conversion shows 1 USDP at a value of 1 USDP for 87.00 KGS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KGS 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.

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

USDP to KGS conversion rate trend

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In the past 1D, Pax Dollar has changed +0.02% to KGS. Based on the trend and price charts, Pax Dollar(USDP) has changed +0.02% to KGS while Kyrgystani Som(KGS) has changed % to USDP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с87
0.0003% / 0.0004%vip-iconVIP
Binance
с87.04
0.1000% / 0.1000%
Yes
Huobi
с85.42
0.1000% / 0.1000%
Yes
KuCoin
с86.68
0.1000% / 0.1000%
Yes
Bitfinex
с87.06
0.1000% / 0.1000%
Yes
Last updated 2024/06/11 22:00:18(UTC+0)

How to buy Pax Dollar

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What factors influence the conversion rate of Pax Dollar to Kyrgystani Som?

Pax Dollar to Kyrgystani Som is falling this week.
Pax Dollar's current market price is с 87 per USDP, with a total market cap of с 11,812,303,291.77 KGS based on a circulating supply of 135,769,150 USDP. The trading volume of Pax Dollar has changed by +5.06% (с 23,011,395.16 KGS) in the last 24 hours. Last trading day, USDP's trading volume was с 455,184,459.32.
Market cap
$135.79M
24h volume
$5.50M
Circulating supply
135.77M USDP

Conversion tables

The exchange rate of Pax Dollar is increasing.
1 USDP is currently valued at с 87 KGS , which means buying 5 USDP will cost с 435.01 KGS . Similarly, с1 KGS can be traded for 0.01149 USDP, and с50 KGS can be converted to 0.5747 USDP, excluding any platform or gas fees.
The exchange rate of 1 USDP to Kyrgystani Som has changed by -0.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.02%, reaching a high of 87.09 KGS and a low of 86.94 KGS . One month ago, the value of 1 USDP was с 86.98 KGS , which represents a +0.03% change from its current value. Over the last year, Pax Dollar has changed by
+с
0.05757KGS
, resulting in a change of +0.07% in its value.

USDP to KGS

Amount
22:52 today
0.5 USDP
с43.5
1 USDP
с87
5 USDP
с435.01
10 USDP
с870.03
50 USDP
с4,350.14
100 USDP
с8,700.28
500 USDP
с43,501.42
1000 USDP
с87,002.84

KGS to USDP

Amount22:52 today
0.5KGS0.005747  USDP
1KGS0.01149  USDP
5KGS0.05747  USDP
10KGS0.1149  USDP
50KGS0.5747  USDP
100KGS1.15  USDP
500KGS5.75  USDP
1000KGS11.49  USDP
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Today vs. 24 hours ago

Amount22:52 today24 hours ago24h change
0.5 USDP$0.5001$0.5000
+0.02%
1 USDP$1$0.9999
+0.02%
5 USDP$5$5
+0.02%
10 USDP$10$10
+0.02%
50 USDP$50.01$50
+0.02%
100 USDP$100.01$99.99
+0.02%
500 USDP$500.07$499.96
+0.02%
1000 USDP$1,000.14$999.93
+0.02%

Today vs. 1 month ago

Amount22:52 today1 month ago1M change
0.5 USDP$0.5001$0.4999
+0.03%
1 USDP$1$0.9998
+0.03%
5 USDP$5$5
+0.03%
10 USDP$10$10
+0.03%
50 USDP$50.01$49.99
+0.03%
100 USDP$100.01$99.98
+0.03%
500 USDP$500.07$499.92
+0.03%
1000 USDP$1,000.14$999.83
+0.03%
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Today vs. 1 year ago

Amount22:52 today1 year ago1Y change
0.5 USDP$0.5001$0.4997
+0.07%
1 USDP$1$0.9995
+0.07%
5 USDP$5$5
+0.07%
10 USDP$10$9.99
+0.07%
50 USDP$50.01$49.97
+0.07%
100 USDP$100.01$99.95
+0.07%
500 USDP$500.07$499.74
+0.07%
1000 USDP$1,000.14$999.48
+0.07%

Pax Dollar price prediction

What will the price of USDP be in 2025?

Based on USDP's historical price performance prediction model, the price of USDP is projected to reach $1.51 in 2025.

What will the price of USDP be in 2030?

In 2030, the USDP price is expected to rise by -8.00%. By the end of 2030, the USDP price is projected to reach $2.91, with a cumulative ROI of +190.63%.
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Pax Dollar and KGS.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Pax Dollar and KGS. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Pax Dollar in KGS, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.