Time Period: 1993-

Currency: Kyrgyz Som


Timeline

  • 12.12.1992
  • Law [No. 1055-XII] on the establishment of a central bank and creation of the currency; effective upon constitution of the bank on 10.05.1993
    - 02.07.1997: Central Bank law [No. 59] amending the 1992 law and changing the central bank's name from "Bank of Kyrgyzstan" to "National Bank of the Kyrgyz Republik"; effective 06.08.1997.
  • 10.05.1993
  • Start of currency exchange:
    - 10.05.1993: Start of issuance of the new banknotes (no coins)
    - 14.05.1993: Demonetization of the Russian currency
    - 01.01.2008: Start of issuance of subsidiary coins.

Valuation Regimes

  • 1993-
  • Variable rate

Rate Arrangements

  • 10.05.1993
  • Variable
  • initially: US Dollar at 1 : 4.145
  • ±0.0%


End-year Forex Rates (Units per US Dollar)