Convert Kyrgystani Som to Mexican Peso
Please provide values below to convert Kyrgystani Som [KGS] to Mexican Peso [MXN], or Convert Mexican Peso to Kyrgystani Som.
How to Convert Kyrgystani Som to Mexican Peso
1 KGS = 4.68227116207721 MXN
Example: convert 15 KGS to MXN:
15 KGS = 15 × 4.68227116207721 MXN = 70.2340674311582 MXN
Kyrgystani Som to Mexican Peso Conversion Table
| Kyrgystani Som | Mexican Peso |
|---|
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.