HB to KGS Converter and calculator


Conversion rates
Convert HB to KGS
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HB to KGS chart
HB to KGS conversion data: Volatility and price changes of HBC in KGS
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.1573 KGS | 0.1792 KGS | 0.1926 KGS | 0.1926 KGS |
Low | 0.1312 KGS | 0.1208 KGS | 0.1049 KGS | 0.08053 KGS |
Average | 0 KGS | 0 KGS | 0 KGS | 0 KGS |
Volatility | % | % | % | % |
Change | +1.70% | +6.46% | +18.31% | +91.87% |
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HBC information
HB to KGS market statistics
Current HB to KGS exchange rate
HBC to Kyrgystani Som is rising this week.More info about HBC 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.
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HB to KGS Conversion tables
Amount | 07:50 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 HB | с0.07921 | с0.07791 | +1.70% |
1 HB | с0.1584 | с0.1558 | +1.70% |
5 HB | с0.7921 | с0.7791 | +1.70% |
10 HB | с1.58 | с1.56 | +1.70% |
50 HB | с7.92 | с7.79 | +1.70% |
100 HB | с15.84 | с15.58 | +1.70% |
500 HB | с79.21 | с77.91 | +1.70% |
1000 HB | с158.42 | с155.83 | +1.70% |
HB to KGS FAQ
What factors influence the conversion rate of HB to KGS?
Popular exchange rates — Crypto-to-Fiat converter
The price of HBC in the US is $0.001812 USD. Additionally, HBC’s price is €0.001542 EUR in the eurozone, £0.001344 GBP in the UK, C$0.002496 CAD in Canada, ₹0.1596 INR in India, ₨0.5142 PKR in Pakistan, R$0.009645 BRL in Brazil, and more.
The most popular HBC currency pair is the HB to Kyrgystani Som(KGS). The price of 1 HBC (HB) in Kyrgystani Som (KGS) is с0.1584.
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