Convert Uzbekistan Som to Bitcoin
Please provide values below to convert Uzbekistan Som [UZS] to Bitcoin [BTC], or Convert Bitcoin to Uzbekistan Som.
How to Convert Uzbekistan Som to Bitcoin
1 UZS = 1503740599.32676 BTC
Example: convert 15 UZS to BTC:
15 UZS = 15 × 1503740599.32676 BTC = 22556108989.9015 BTC
Uzbekistan Som to Bitcoin Conversion Table
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Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.