KGS 50 | Bank Note | Fifty Som | Kae Kae | CurrencyStackerKK | Kyrgyzstan | Central Asia

KGS 50 | Bank Note | Fifty Som | Kae Kae | CurrencyStackerKK | Kyrgyzstan | Central Asia

50 Kyrgyzstan Som

The som (Kyrgyz: сом) is the currency of the Kyrgyz Republic. The word Som (sometimes transliterated “sum” or “soum”) means “pure” in Kazakh, Kyrgyz, Uyghur and Uzbek, as well as in many other Turkic languages. The word implies “pure gold”.The National Bank of the Kyrgyz Republic approved an underlined С (es) as the official currency symbol for the KGS in February 2017. The Russian central bank responded in July 1992 by setting up restrictions to the flow of credit between Russia and other states. The final collapse of the ruble zone began when Russia pulled out with the exchange of banknotes by the Central Bank of Russia on Russian territory at the end of July 1993.

The som was introduced on May 10, 1993, replacing the Soviet ruble at a rate of 1 som = 200 rubles. Initially, only banknotes were issued, coins were not introduced until 2008.

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