Historic Kyrgyzstani som Azerbaijani manat

Kyrgyzstani som azerbaijani manat history for January 2024. The highest quote for this month is 0.019083 (08/01/2024) and the lowest 0.019086 (08/01/2024). The difference between high and low is -0.02.

KGS AZN average rate for January 2024 is 0.01904, the change between 01/01/2024 and 31/01/2024 is +0.28 %.

08 January 20241 KGS = 0.0191 AZN
09 January 20241 KGS = 0.0190 AZN
10 January 20241 KGS = 0.0190 AZN
11 January 20241 KGS = 0.0190 AZN
12 January 20241 KGS = 0.0190 AZN
15 January 20241 KGS = 0.0190 AZN
16 January 20241 KGS = 0.0190 AZN
17 January 20241 KGS = 0.0190 AZN
18 January 20241 KGS = 0.0190 AZN
19 January 20241 KGS = 0.0190 AZN
22 January 20241 KGS = 0.0190 AZN
23 January 20241 KGS = 0.0190 AZN
24 January 20241 KGS = 0.0190 AZN
25 January 20241 KGS = 0.0190 AZN
26 January 20241 KGS = 0.0190 AZN
29 January 20241 KGS = 0.0190 AZN
30 January 20241 KGS = 0.0190 AZN
31 January 20241 KGS = 0.0190 AZN

01/01/2022: Transition to Central Bank of Russia Currency

Kyrgyzstan joined the Eurasian Economic Union and adopted the Russian ruble as its official currency, replacing the Kyrgyzstani Som.

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

13/03/2020: COVID-19 Pandemic Effects

The COVID-19 pandemic caused economic disruptions and uncertainty, affecting the Kyrgyzstani Som's exchange rate.

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

20/05/2014: Kazakhstani Tenge Devaluation

Kazakhstan devalued its currency, the tenge, which had a significant impact on the Kyrgyzstani Som, leading to its depreciation.

07/04/2010: Protests and Political Unrest

Large-scale protests and political unrest erupted in Kyrgyzstan, causing instability and impacting the value of the Som.

01/12/2008: Global Financial Crisis Impact

The global financial crisis led to a sharp depreciation of the Kyrgyzstani Som, affecting the country's economy.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

01/11/1995: Introduction of New Som

The Kyrgyzstani government introduced the new som, with 1 new som being equivalent to 200 old som.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

10/05/1993: Introduction of the Kyrgyzstani Som

The Kyrgyzstani Som was introduced as the official currency of Kyrgyzstan, replacing the Soviet ruble.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.