Kyrgyzstani Som

The Kyrgyzstani Som decreased to 54.43 in April from 54.49 in March of 2014. Kyrgyzstani Som averaged 48.09 from 2011 until 2014, reaching an all time high of 54.50 in March of 2014 and a record low of 44.95 in October of 2011. The USDKGS spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the KGS. While the USDKGS spot exchange rate is quoted and exchanged in the same day, the USDKGS forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Kyrgyzstani Som - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
54.43 54.49 54.50 44.95 56.52 | 2014/05 2011 - 2014 Daily

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Kyrgyzstani Som
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Markets Last Previous Highest Lowest Forecast Unit
Currency 54.44 2014-04-15 54.49 54.50 44.95 56.52 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Kyrgyzstan Current Account at -465.30 USD Million  
Kyrgyzstan recorded a Current Account deficit of 465.30 USD Million in the third quarter of 2013. Current Account in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
Kyrgyzstan GDP Constant Prices at 310471.30 KGS Million  
GDP Constant Prices in Kyrgyzstan increased to 310471.30 KGS Million in 2012 from 285989.10 KGS Million in 2011. GDP Constant Prices in Kyrgyzstan is reported by the National Statistical Committee of Kyrgyz Republic.
Kyrgyzstan Foreign Exchange Reserves at 111693.33 KGS Million  
Foreign Exchange Reserves in Kyrgyzstan decreased to 111693.33 KGS Million in February of 2014 from 113129.63 KGS Million in January of 2014. Foreign Exchange Reserves in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
Kyrgyzstan Interest Rate at 6.00 Percent  
The benchmark interest rate in Kyrgyzstan was last recorded at 6 percent. Interest Rate in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
Kyrgyzstan Sales Tax Rate | VAT at 12.00 Percent  
The Sales Tax Rate in Kyrgyzstan stands at 12 percent. Sales Tax Rate in Kyrgyzstan is reported by the State Tax Service.
Kyrgyzstan Balance of Trade at -307.84 USD Million  
Kyrgyzstan recorded a trade deficit of 307.84 USD Million in November of 2013. Balance of Trade in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
Kyrgyzstan Inflation Rate at 4.00 Percent  
The inflation rate in Kyrgyzstan was recorded at 4 percent in December of 2013. Inflation Rate in Kyrgyzstan is reported by the National Statistical Committee of Kyrgyz Republic.
Kyrgyzstan Industrial Production at 44.00 Percent  
Industrial Production in Kyrgyzstan increased 44 percent in December of 2013 over the same month in the previous year. Industrial Production in Kyrgyzstan is reported by the National Statistical Committee of Kyrgyz Republic.
Kyrgyzstan Exports at 250.63 USD Million  
Exports in Kyrgyzstan increased to 250.63 USD Million in November of 2013 from 239.78 USD Million in October of 2013. Exports in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
Kyrgyzstan Imports at 558.50 USD Million  
Imports in Kyrgyzstan increased to 558.50 USD Million in November of 2013 from 530.50 USD Million in October of 2013. Imports in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
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