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base info One Basis

One Basis to Kyrgystani Som Converter and calculator

Convert 1One Basis (OBS) to Kyrgystani Som (KGS) equals с 11.88 | 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 One Basis(OBS) to Kyrgystani Som(KGS). This is the real-time data. The current conversion shows 1 OBS at a value of 1 OBS for 11.88 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 One Basis currency pair is the OBS to KGS, with for One Basis's currency code being OBS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KGS.

OBS to KGS conversion rate trend

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In the past 1D, One Basis has changed -1.65% to KGS. Based on the trend and price charts, One Basis(OBS) has changed -1.65% to KGS while Kyrgystani Som(KGS) has changed % to OBS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
с11.88
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 16:34:10(UTC+0)

How to buy One Basis

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy One Basis (OBS)
Use a variety of payment options to buy One Basis on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of OBS to KGS. However, you can first exchange OBS 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 One Basis to Kyrgystani Som?

One Basis to Kyrgystani Som is rising this week.
One Basis's current market price is с 11.88 per OBS, with a total market cap of с 0 KGS based on a circulating supply of -- OBS. The trading volume of One Basis has changed by -49.14% (с -15,636.93 KGS) in the last 24 hours. Last trading day, OBS's trading volume was с 31,819.76.
Market cap
$0
24h volume
$186.00956406
Circulating supply
0 OBS

Conversion tables

The exchange rate of One Basis is increasing.
1 OBS is currently valued at с 11.88 KGS , which means buying 5 OBS will cost с 59.38 KGS . Similarly, с1 KGS can be traded for 0.08421 OBS, and с50 KGS can be converted to 4.21 OBS, excluding any platform or gas fees.
The exchange rate of 1 OBS to Kyrgystani Som has changed by +0.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.65%, reaching a high of 12.23 KGS and a low of 11.74 KGS . One month ago, the value of 1 OBS was с 11.4 KGS , which represents a +4.19% change from its current value. Over the last year, One Basis has changed by
+с
3.07KGS
, resulting in a change of +34.87% in its value.

OBS to KGS

Amount
23:22 today
0.5 OBS
с5.94
1 OBS
с11.88
5 OBS
с59.38
10 OBS
с118.76
50 OBS
с593.79
100 OBS
с1,187.58
500 OBS
с5,937.89
1000 OBS
с11,875.78

KGS to OBS

Amount23:22 today
0.5KGS0.04210  OBS
1KGS0.08421  OBS
5KGS0.4210  OBS
10KGS0.8421  OBS
50KGS4.21  OBS
100KGS8.42  OBS
500KGS42.1  OBS
1000KGS84.21  OBS

Today vs. 24 hours ago

Amount23:22 today24 hours ago24h change
0.5 OBS$0.06825$0.06940
-1.65%
1 OBS$0.1365$0.1388
-1.65%
5 OBS$0.6825$0.6940
-1.65%
10 OBS$1.37$1.39
-1.65%
50 OBS$6.83$6.94
-1.65%
100 OBS$13.65$13.88
-1.65%
500 OBS$68.25$69.4
-1.65%
1000 OBS$136.5$138.79
-1.65%

Today vs. 1 month ago

Amount23:22 today1 month ago1M change
0.5 OBS$0.06825$0.06551
+4.19%
1 OBS$0.1365$0.1310
+4.19%
5 OBS$0.6825$0.6551
+4.19%
10 OBS$1.37$1.31
+4.19%
50 OBS$6.83$6.55
+4.19%
100 OBS$13.65$13.1
+4.19%
500 OBS$68.25$65.51
+4.19%
1000 OBS$136.5$131.02
+4.19%

Today vs. 1 year ago

Amount23:22 today1 year ago1Y change
0.5 OBS$0.06825$0.05061
+34.87%
1 OBS$0.1365$0.1012
+34.87%
5 OBS$0.6825$0.5061
+34.87%
10 OBS$1.37$1.01
+34.87%
50 OBS$6.83$5.06
+34.87%
100 OBS$13.65$10.12
+34.87%
500 OBS$68.25$50.61
+34.87%
1000 OBS$136.5$101.21
+34.87%

One Basis price prediction

What will the price of OBS be in 2025?

Based on OBS's historical price performance prediction model, the price of OBS is projected to reach $0.1720 in 2025.

What will the price of OBS be in 2030?

In 2030, the OBS price is expected to change by +7.00%. By the end of 2030, the OBS price is projected to reach $0.2661, with a cumulative ROI of +94.97%.

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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 One Basis 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 One Basis 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 One Basis 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.