1 sum = 100 timing = 100 gaby.

Su Mi is the currency of Uzbekistan.

Uzbekistan issued a new currency at 1 July 1994 1994. The new currency of 1 sum is equivalent to 1000 old sum.

Since 20 13, the exchange rate between the Soviet Union and the United States has been falling all the way. According to the data released by the Central Bank of Uzbekistan, on February 5, 20 13, the exchange rate of Uzbek currency Sumi against the US dollar broke through the 2000 mark for the first time, reaching 1 in 2004.36, down 10.3% year-on-year. After that, driven by the plunge in international oil prices and the devaluation of the Russian ruble, Sumu continued to depreciate against the US dollar. In 20 15, hematoxylin depreciated 16% against the US dollar. By 2065438+September 2006, the exchange rate of hematoxylin against the US dollar exceeded 3000. In the whole year of 20 16, the exchange rate of SUM against the US dollar further depreciated by 16% to 323 1.48 SUM against the US dollar 1.

20 17 was the year when the Soviet Union and the United States plunged, and the depreciation rate of the Soviet Union and the United States hit record lows. On February 29th of that year, 12, the exchange rate of Sumu against the US dollar closed at 8 120 Sumudui 1. This year, Uzbekistan painstakingly implemented the reform of foreign exchange policy-since September 5 of that year, the foreign exchange control policy was abolished throughout Uzbekistan and foreign currency was freely convertible.

Although hematoxylin depreciated by 50% overnight, it brought long-term stability to the future market. In the next two years, Su Mi's exchange rate did not fluctuate much. The legal tender of Kyrgyzstan is Som, which has been in use since May 1993.

If Kazakhstan and Uzbekistan devalued on their own initiative, then the somme devaluation in Kyrgyzstan may be directly impacted by the external market turmoil. In 20 14 and 20 15, the exchange rate of somme against the US dollar broke through the 50, 60 and 70 marks, especially in 20 15, when the somme depreciated the most, and closed at 75.87 somme 1 in February of that year.

The National Bank of Kyrgyzstan has intervened in the foreign exchange market for more than a dozen times, and finally resisted the decline of Som's depreciation. In the following years, the exchange rate of Somme against the US dollar fluctuated around 70. On June 9, 2065438, the Somme exchange rate closed at 69.7 1 Somme 1 USD.

External factors, such as the collapse of international oil price, the depreciation of Russian ruble and the strengthening of US dollar, have played an important role in combing the road of the Somme River shock of Kyrgyz currency in recent five years. The resulting decline in remittances and shrinking foreign trade exports have worsened Somme's market environment.