Convert Kyrgystani Som to New Zealand Dollar
Please provide values below to convert Kyrgystani Som [KGS] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Kyrgystani Som.
How to Convert Kyrgystani Som to New Zealand Dollar
1 KGS = 52.305092869982 NZD
Example: convert 15 KGS to NZD:
15 KGS = 15 × 52.305092869982 NZD = 784.57639304973 NZD
Kyrgystani Som to New Zealand Dollar Conversion Table
| Kyrgystani Som | New Zealand Dollar |
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Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.