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.
13/03/2020: COVID-19 Pandemic Effects
The COVID-19 pandemic caused economic disruptions and uncertainty, affecting the Kyrgyzstani Som's exchange rate.
28/07/2016: Bank of Japan announces stimulus package
The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.
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.
11/03/2011: Great East Japan Earthquake
The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.
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.
15/09/2008: Lehman Brothers bankruptcy
The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.
01/11/1995: Introduction of New Som
The Kyrgyzstani government introduced the new som, with 1 new som being equivalent to 200 old som.
20/03/1995: Kobe earthquake
The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.
10/05/1993: Introduction of the Kyrgyzstani Som
The Kyrgyzstani Som was introduced as the official currency of Kyrgyzstan, replacing the Soviet ruble.
22/09/1985: Plaza Accord
Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.
01/03/1973: Yen becomes a floating currency
The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.
15/12/1953: Yen is introduced
The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.