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VeChain to Kyrgystani Som Converter and calculator

Convert 1VeChain (VET) to Kyrgystani Som (KGS) equals с 3.05 | 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 VeChain(VET) to Kyrgystani Som(KGS). This is the real-time data. The current conversion shows 1 VET at a value of 1 VET for 3.05 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 VeChain currency pair is the VET to KGS, with for VeChain's currency code being VET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

VET to KGS conversion rate trend

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In the past 1D, VeChain has changed -2.74% to KGS. Based on the trend and price charts, VeChain(VET) has changed -2.74% to KGS while Kyrgystani Som(KGS) has changed % to VET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с3.05
0.0001% / 0.0004%vip-iconVIP
Binance
с3.03
0.1000% / 0.1000%
Yes
Huobi
с3.03
0.1000% / 0.1000%
Yes
Gate.io
с3.04
0.1000% / 0.1000%
Yes
KuCoin
с3.03
0.1000% / 0.1000%
Yes
Bitfinex
с3.03
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 19:00:19(UTC+0)

How to buy VeChain

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Buy VeChain (VET)
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What factors influence the conversion rate of VeChain to Kyrgystani Som?

VeChain to Kyrgystani Som is rising this week.
VeChain's current market price is с 3.05 per VET, with a total market cap of с 222,027,096,855.62 KGS based on a circulating supply of 72,714,520,000 VET. The trading volume of VeChain has changed by +4.21% (с 172,164,356.03 KGS) in the last 24 hours. Last trading day, VET's trading volume was с 4,090,872,187.92.
Market cap
$2.52B
24h volume
$48.33M
Circulating supply
72.71B VET

Conversion tables

The exchange rate of VeChain is decreasing.
1 VET is currently valued at с 3.05 KGS , which means buying 5 VET will cost с 15.27 KGS . Similarly, с1 KGS can be traded for 0.3275 VET, and с50 KGS can be converted to 16.38 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Kyrgystani Som has changed by +0.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.74%, reaching a high of 3.13 KGS and a low of 3.02 KGS . One month ago, the value of 1 VET was с 3.61 KGS , which represents a -15.47% change from its current value. Over the last year, VeChain has changed by
+с
1.33KGS
, resulting in a change of +77.93% in its value.

VET to KGS

Amount
19:42 today
0.5 VET
с1.53
1 VET
с3.05
5 VET
с15.27
10 VET
с30.53
50 VET
с152.67
100 VET
с305.34
500 VET
с1,526.7
1000 VET
с3,053.41

KGS to VET

Amount19:42 today
0.5KGS0.1638  VET
1KGS0.3275  VET
5KGS1.64  VET
10KGS3.28  VET
50KGS16.38  VET
100KGS32.75  VET
500KGS163.75  VET
1000KGS327.5  VET
Buy VeChain for 1 KGS
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Today vs. 24 hours ago

Amount19:42 today24 hours ago24h change
0.5 VET$0.01731$0.01779
-2.74%
1 VET$0.03462$0.03559
-2.74%
5 VET$0.1731$0.1779
-2.74%
10 VET$0.3462$0.3559
-2.74%
50 VET$1.73$1.78
-2.74%
100 VET$3.46$3.56
-2.74%
500 VET$17.31$17.79
-2.74%
1000 VET$34.62$35.59
-2.74%

Today vs. 1 month ago

Amount19:42 today1 month ago1M change
0.5 VET$0.01731$0.02047
-15.47%
1 VET$0.03462$0.04093
-15.47%
5 VET$0.1731$0.2047
-15.47%
10 VET$0.3462$0.4093
-15.47%
50 VET$1.73$2.05
-15.47%
100 VET$3.46$4.09
-15.47%
500 VET$17.31$20.47
-15.47%
1000 VET$34.62$40.93
-15.47%
Buy VeChain for 1 KGS
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Today vs. 1 year ago

Amount19:42 today1 year ago1Y change
0.5 VET$0.01731$0.009750
+77.93%
1 VET$0.03462$0.01950
+77.93%
5 VET$0.1731$0.09750
+77.93%
10 VET$0.3462$0.1950
+77.93%
50 VET$1.73$0.9750
+77.93%
100 VET$3.46$1.95
+77.93%
500 VET$17.31$9.75
+77.93%
1000 VET$34.62$19.5
+77.93%

VeChain price prediction

What will the price of VET be in 2025?

Based on VET's historical price performance prediction model, the price of VET is projected to reach $0.03791 in 2025.

What will the price of VET be in 2030?

In 2030, the VET price is expected to rise by -19.00%. By the end of 2030, the VET price is projected to reach $0.07849, with a cumulative ROI of +126.76%.
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