The Kyrgyz som has been depreciating since early June to cross 79.6 per USD, its lowest since April, tracking losses on the Russian ruble amid low oil prices and geopolitical risks. Kyrgyzstan has been rocked by political unrest since the opposition stormed government buildings on October 5th. Prime Minister Kubatbek Boronov has resigned after the Central Electoral Commission annulled the results of the October 4th parliamentary elections in response to accusations of vote-rigging. Sadyr Japarov, who protesters released from jail the day before, was appointed as the new Prime Minister.
Historically, the Kyrgyzstani Som reached an all time high of 84.87 in April of 2020. Kyrgyzstani Som - data, forecasts, historical chart - was last updated on October of 2020.
The Kyrgyzstani Som is expected to trade at 80.63 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 80.63 in 12 months time.