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U.S. Dollar Strengthens in Kyrgyzstan, Euro Sees Slight Appreciation

Bishkek, Kyrgyzstan – The U.S. dollar experienced a notable appreciation in Kyrgyzstan over the past weekend, nearly returning to its previous levels.

According to 24.kg News Agency, Today, currency exchange offices and commercial banks in the capital city are buying U.S. dollars at rates between 88.6 and 88.8 soms, selling them for 89.3 to 89.6 soms. The official exchange rate for the dollar is currently 88.6272 soms.

Additionally, the euro has also seen a slight increase in value. As of today, it is being purchased for 96.8 to 97.2 soms and sold for 97.1 to 98 soms, with its nominal exchange rate standing at 96.772 soms.

In contrast, the Russian ruble has maintained a stable position. Its buying rate is between 0.99 and 0.996 soms, while the selling rate ranges from 1.01 to 1.025 soms. The official exchange rate for the ruble is 0.9989 som.

The exchange rate of the Kazakh tenge has remained unchanged. It is currently being bought for 0.12 to 0.134 soms and sold for 0.195 to 0.21 soms. The official exchange rate of the tenge is 0.1914 soms.

This fluctuation in currency values, particularly the appreciation of the U.S. dollar and the euro, is an indicator of the ongoing dynamics in Kyrgyzstan’s foreign exchange market.