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base info MELX

MELX to Kyrgystani Som Converter and calculator

Convert 1MELX (MEL) to Kyrgystani Som (KGS) equals с 0.09455 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of MELX(MEL) to Kyrgystani Som(KGS). This is the real-time data. The current conversion shows 1 MEL at a value of 1 MEL for 0.09 KGS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KGS information

About Kyrgystani Som (KGS)

The Kyrgyzstani Som, introduced in 1993, is more than just the official currency of Kyrgyzstan; it represents a crucial aspect of the nation's post-Soviet economic and cultural identity. It is commonly abbreviated as KGS and represented by the symbol с. The Som's introduction was a significant step in establishing Kyrgyzstan's monetary independence following the dissolution of the Soviet Union.

Historical Background

The introduction of the Kyrgyzstani Som in May 1993 was a critical event in the nation's history, marking its transition from the Soviet ruble and signifying newfound economic sovereignty. This change was not merely monetary; it symbolized the birth of a new national identity and the start of an independent economic journey.

Design and Symbolism

The design of the Kyrgyzstani Som is a rich tapestry of the country's heritage and aspirations. Banknotes and coins feature prominent historical figures, landmarks, and symbols that reflect Kyrgyzstan’s rich history, culture, and natural landscapes. These designs are a source of national pride and a tool for educating citizens and visitors about the country's legacy.

Economic Role

As Kyrgyzstan's primary medium of exchange, the Som is central to its economy. The country, characterized by its mountainous terrain, has a mixed economic system with key sectors including agriculture, mining, and a growing service sector. The Som facilitates domestic and international transactions, playing a vital role in the nation's economic activities and stability.

Monetary Policy and Inflation

Managed by the National Bank of Kyrgyzstan, the Som has faced challenges such as inflation and fluctuating exchange rates. The central bank's monetary policies aim to stabilize the currency, control inflation, and foster conditions conducive to economic growth and stability.

International Trade and the Kyrgyzstani Som

The Som’s exchange rate plays a significant role in international trade, particularly in dealings with its major trading partners, including Russia and China. A stable and competitive exchange rate is crucial for maintaining healthy trade relationships and attracting foreign investment.

Remittances and Economic Impact

Remittances from Kyrgyz citizens working abroad, especially in Russia and Kazakhstan, are a significant source of foreign income. These funds, converted into Soms, support many households and contribute to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular MELX currency pair is the MEL to KGS, with for MELX's currency code being MEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

MEL to KGS conversion rate trend

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In the past 1D, MELX has changed -0.02% to KGS. Based on the trend and price charts, MELX(MEL) has changed -0.02% to KGS while Kyrgystani Som(KGS) has changed % to MEL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с0.09457
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 08:31:44(UTC+0)

How to buy MELX

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy MELX (MEL)
Use a variety of payment options to buy MELX on Bitget. We'll show you how.

Buy MEL (or USDT) for KGS (Kyrgystani Som) offers

Bitget P2P trading does not currently support direct buying of MEL with KGS. However, you can buy USDT in Bitget P2P trading first, and then buy MEL with USDT via Bitget spot market.
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Sell MEL (or USDT) for KGS (Kyrgystani Som) offers

Bitget P2P trading currently does not support direct selling of MEL to KGS. However, you can first exchange MEL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of MELX to Kyrgystani Som?

MELX to Kyrgystani Som is falling this week.
MELX's current market price is с 0.09455 per MEL, with a total market cap of с 1,919,310.75 KGS based on a circulating supply of 20,300,314 MEL. The trading volume of MELX has changed by 0.00% (с 0 KGS) in the last 24 hours. Last trading day, MEL's trading volume was с 0.
Market cap
$22.06K
24h volume
$0
Circulating supply
20.30M MEL

Conversion tables

The exchange rate of MELX is decreasing.
1 MEL is currently valued at с 0.09455 KGS , which means buying 5 MEL will cost с 0.4727 KGS . Similarly, с1 KGS can be traded for 10.58 MEL, and с50 KGS can be converted to 528.84 MEL, excluding any platform or gas fees.
The exchange rate of 1 MEL to Kyrgystani Som has changed by -0.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 0.09467 KGS and a low of 0.09452 KGS . One month ago, the value of 1 MEL was с 0.09471 KGS , which represents a -0.17% change from its current value. Over the last year, MELX has changed by
-с
0.0001382KGS
, resulting in a change of -0.15% in its value.

MEL to KGS

Amount
12:44 today
0.5 MEL
с0.04727
1 MEL
с0.09455
5 MEL
с0.4727
10 MEL
с0.9455
50 MEL
с4.73
100 MEL
с9.45
500 MEL
с47.27
1000 MEL
с94.55

KGS to MEL

Amount12:44 today
0.5KGS5.29  MEL
1KGS10.58  MEL
5KGS52.88  MEL
10KGS105.77  MEL
50KGS528.84  MEL
100KGS1,057.69  MEL
500KGS5,288.44  MEL
1000KGS10,576.88  MEL

Today vs. 24 hours ago

Amount12:44 today24 hours ago24h change
0.5 MEL$0.0005434$0.0005435
-0.02%
1 MEL$0.001087$0.001087
-0.02%
5 MEL$0.005434$0.005435
-0.02%
10 MEL$0.01087$0.01087
-0.02%
50 MEL$0.05434$0.05435
-0.02%
100 MEL$0.1087$0.1087
-0.02%
500 MEL$0.5434$0.5435
-0.02%
1000 MEL$1.09$1.09
-0.02%

Today vs. 1 month ago

Amount12:44 today1 month ago1M change
0.5 MEL$0.0005434$0.0005443
-0.17%
1 MEL$0.001087$0.001089
-0.17%
5 MEL$0.005434$0.005443
-0.17%
10 MEL$0.01087$0.01089
-0.17%
50 MEL$0.05434$0.05443
-0.17%
100 MEL$0.1087$0.1089
-0.17%
500 MEL$0.5434$0.5443
-0.17%
1000 MEL$1.09$1.09
-0.17%

Today vs. 1 year ago

Amount12:44 today1 year ago1Y change
0.5 MEL$0.0005434$0.0005442
-0.15%
1 MEL$0.001087$0.001088
-0.15%
5 MEL$0.005434$0.005442
-0.15%
10 MEL$0.01087$0.01088
-0.15%
50 MEL$0.05434$0.05442
-0.15%
100 MEL$0.1087$0.1088
-0.15%
500 MEL$0.5434$0.5442
-0.15%
1000 MEL$1.09$1.09
-0.15%

MELX price prediction

What will the price of MEL be in 2025?

Based on MEL's historical price performance prediction model, the price of MEL is projected to reach $0.001304 in 2025.

What will the price of MEL be in 2030?

In 2030, the MEL price is expected to change by -20.00%. By the end of 2030, the MEL price is projected to reach $0.001819, with a cumulative ROI of +67.28%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between MELX and KGS.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as MELX and KGS. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of MELX in KGS, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.