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2023-07-15 - 2024-07-15 -0.48-5.58%

Currency Pair KGS/KZT: An Overview

The currency pair KGS/KZT consists of two currencies: the Kyrgyzstani som (KGS) and the Kazakhstani tenge (KZT). These currencies are used in two of Central Asia's most dynamic economies. Here, we provide a brief overview of these currencies and their respective economic backgrounds.

Kyrgyzstani Som (KGS)

The Kyrgyzstani som (KGS) is the official currency of Kyrgyzstan. It was introduced in 1993, replacing the former Soviet ruble. Kyrgyzstan's economy is heavily dependent on agriculture, mining, and remittances from abroad. Being a relatively young currency, the KGS has experienced fluctuations depending on domestic and global economic factors.

Kazakhstani Tenge (KZT)

The Kazakhstani tenge (KZT) is the official currency of Kazakhstan and was introduced in 1993, the same year as the Kyrgyzstani som. Kazakhstan's economy is one of the largest in Central Asia and is heavily reliant on oil and gas exports. The tenge has also seen significant fluctuations, especially in relation to commodity prices and geopolitical events.

Convert Between KGS and KZT

On our site, you can easily convert between KGS and KZT, as well as many other currency pairs. Follow these simple steps to use our currency converter:

  1. Enter the amount you want to convert.
  2. Select the base currency (e.g., KGS).
  3. Choose the target currency (e.g., KZT).
  4. The conversion will be done automatically.

To help you make informed decisions, we also display a chart with historical figures for the currency pair KGS/KZT.

Summary

The Kyrgyzstani som and Kazakhstani tenge are two important currencies in Central Asia. Whether you are conducting business in the region or simply curious about these currencies, our currency converter can assist you in quickly and easily converting between KGS and KZT. Additionally, we offer historical data to provide you with a better understanding of currency fluctuations over time.

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