Convert Kyrgystani Som to Bitcoin
Please provide values below to convert Kyrgystani Som [KGS] to Bitcoin [BTC], or Convert Bitcoin to Kyrgystani Som.
How to Convert Kyrgystani Som to Bitcoin
1 KGS = 10331140.7823782 BTC
Example: convert 15 KGS to BTC:
15 KGS = 15 × 10331140.7823782 BTC = 154967111.735673 BTC
Kyrgystani Som to Bitcoin Conversion Table
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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.
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.