Convert Kyrgystani Som to New Taiwan Dollar
Please provide values below to convert Kyrgystani Som [KGS] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Kyrgystani Som.
How to Convert Kyrgystani Som to New Taiwan Dollar
1 KGS = 2.97283160224757 TWD
Example: convert 15 KGS to TWD:
15 KGS = 15 × 2.97283160224757 TWD = 44.5924740337136 TWD
Kyrgystani Som to New Taiwan Dollar Conversion Table
| Kyrgystani Som | New Taiwan 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 Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.