Posts Tagged currency
Kazakhstan – NOT Borat Land
Posted by alibabarika in Articles on August 15, 2010
I have written this article to help people who want to learn more about Kazakhstan. Whilst the film Borat: Cultural Learnings of America for Make Benefit Glorious Nation of Kazakhstan was funny, it did not paint anything like an accurate picture of this country. Some people want to learn more about Kazakhstan purely for their own education, others may be thinking of taking a vacation here. I moved to from Britain to Kazakhstan in April 2006, to Astana, where my wife’s parents live. Since then, I’ve learnt a lot, and seen many of my mis-conceptions blown away.
Things that may grab your attention whilst you’re over here:
Getting a Kyrgyzstan Visa on Arrival – Three Things You Should Know
Posted by alibabarika in Articles on July 22, 2010
Did you know that you can receive a Kyrgyzstan visa on arrival at the Manas International Airport in Bishkek? This is true for Americans, Canadians, British and more when flying into the country. Since Kyrgyzstan embassies around the world are few and far between, instead of dealing with dodgy mail service or travel to a far away location to apply in person, many choose to just apply once in the airport and on Kyrgyz land. To help out with the Kyrgyzstan visa on arrival, here are three things you should know.
1. The visa you receive is a tourist visa
Impact of Kyrgyzstan’s New Government on Exchange Rates
Posted by alibabarika in Articles on July 22, 2010
The rich oligarchy in Kyrgyzstan are not the only ones worried about the change in government, where former President Kurmanbek Bakiyev was toppled in Apr 2010.
Forex traders were very mindful and wary too, as the currency of Kyrgyzstan Som (KGS) (sometimes transliterated as “sum” or “soum”) would wildly fluctuate.
Currently, 1 US Dollar trades at 45.53 Kyrgyzstan Som and it is highly likely that KGS would depreciate in the weeks to come due to the government instability as well as a outpour of funds from the rich oligarchy in Kyrgyzstan to safe havens like the US Dollar.