Akchabarsearch
KGS strengthened against all major currencies except the US dollar

Published

12/19/2024, 17:20

KGS strengthened against all major currencies except the US dollar

National Bank of the Kyrgyz Republic updated the official exchange rates of foreign currency to KGS for 19 December. The information is posted on the website of the regulator.

According to the updated data, KGS strengthened against all major currencies except for the U.S. dollar, which remained at the same level.

Euro by 0.8% to KGS 90.5540, and ruble by 0.23% to KGS 0.8377. The tenge also fell to KGS by 0.24% to 0.1660 KGS, and the yuan by 0.15% to 11.9221 KGS.   


Read Similar

  • Kyrgyzstan’s exports are concentrated among key partners

    The structure of Kyrgyzstan’s foreign trade in 2026 shows a clear concentration on a limited number of countries, with Switzerland playing a particularly significant role. It accounts for 12.8% of the country’s total exports. This figure is largely linked to gold shipments, which form the basis of export revenues and effectively ensure the country’s leading position among non-CIS partners.
    4/19/2026, 12:07:42 PM
  • Communication costs are rising year-on-year, but prices have stabilised over the past month

    In February 2026, communication service tariffs for businesses, institutions and organisations remained unchanged compared with January. In the short term, the market is showing stability with no price revisions.
    4/19/2026, 12:00:04 PM
  • Budget expenditure fell due to investment

    In January 2026, Kyrgyzstan’s state budget expenditure amounted to 26,128.4 million som, representing 20.8% of GDP. The bulk of the funds was traditionally allocated to operating expenditure — accounting for 93.6%, whilst the acquisition of non-financial assets accounted for only 6.4%.
    4/19/2026, 11:50:43 AM
  • Kyrgyzstan’s industry is accelerating its growth thanks to specific sectors

    The growth in industrial production in January–February 2026 was driven by a sharp increase in output across a number of key sectors. The chemical industry showed the most significant growth, with output rising 3.1-fold. A significant contribution was also made by pharmaceutical production, which increased 1.7-fold, as well as the rubber and plastic products, construction materials, timber and paper sectors, where growth reached 1.6-fold.
    4/19/2026, 11:42:33 AM