KGS

Kyrgyzstani Som

KGS is the official currency of Kyrgyzstan. It is issued by the National Bank of the Kyrgyz Republic and is subdivided into 100 tyiyn.

The som was introduced in 1993 after the dissolution of the Soviet Union, replacing the Soviet ruble. Kyrgyzstan's economy is heavily reliant on remittances from workers abroad, particularly in Russia. The National Bank employs a managed floating exchange rate regime.

Related Terms

RUB

Russian Ruble

RUB is the official currency of the Russian Federation. It is issued by the Bank of Russia and is su...

KZT

Kazakhstani Tenge

KZT is the official currency of Kazakhstan. It is issued by the National Bank of Kazakhstan and is s...

UZS

Uzbekistani Sum

UZS is the official currency of Uzbekistan. It is issued by the Central Bank of the Republic of Uzbe...

TJS

Tajikistani Somoni

TJS is the official currency of Tajikistan. It is issued by the National Bank of Tajikistan and is s...

National Bank of the Kyrgyz Republic

National Bank of the Kyrgyz Republic is Kyrgyzstan's central bank. It sets monetary policy, issues t...

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