Money and Currency Exchange, Kyrgyzstan

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National Kyrgyzstan currency is som.

There are 1000, 500, 100, 50, 20, 10, 5, 1 som denominations. Kyrgyzstan is a country that operates only with cash currency. Credit cards, travel checks, etc are accepted in banks and in some hotels.

US dollars are very common in Kyrgyzstan. You can exchange foreign currency in banks or in numerous exchange offices. Hotels, great amount of restaurants and shops also can exchange money but at less advantageous rate. Exchange rate in March, 2002 is about 48 soms =$1. Currency rate is growing, especially in autumn and drops a little in spring. Exchange offices are in all cities. Some of the exchange offices are opened 24 hours a day. We recommend you only $US 100 and 50 denominations issued not later than 1996, otherwise they are exchanged at the lower rate. It's also necessary to have USD note that $ 1, 5, 10, 20 are exchanged at the lower rate.

Payment should be done in local currency, though in practice US$ and are used and sometimes even necessary for some transactions.

Shop opening time: shops are opened from Monday till Sunday from 9.00 to 18.00.

Source: http://www.kyrgyzstan.com

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