Convert Kyrgystani Som to Philippine Peso
Please provide values below to convert Kyrgystani Som [KGS] to Philippine Peso [PHP], or Convert Philippine Peso to Kyrgystani Som.
How to Convert Kyrgystani Som to Philippine Peso
1 KGS = 1.53308173361455 PHP
Example: convert 15 KGS to PHP:
15 KGS = 15 × 1.53308173361455 PHP = 22.9962260042183 PHP
Kyrgystani Som to Philippine Peso Conversion Table
Kyrgystani Som | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.