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Date: 15.02.2024
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The official information 

of the National Bank of the Kyrgyz Republic 

 

The National Bank of the Kyrgyz Republic in accordance with the Constitutional Law of the Kyrgyz Republic “On the National Bank of the Kyrgyz Republic” introduces into circulation the new banknotes in denominations of 20, 50 and 100 Som of fifth series of the national currency from February 15, 2024. 

The principal design of new banknotes of the national currency remain a reflection of the historical and cultural heritage of Kyrgyzstan and are unchanged. The portraits of representatives of art and culture have been preserved on the front of the banknotes and notable sides of the republic on the reverse. The main color and size of banknotes also remained unchanged. 

The new Kyrgyz banknotes contain three levels of security features that provide reliable protection for the public against counterfeiting. 

Banknotes of the fifth series will be put into circulation gradually as part of the planned replenishment of banknote stocks as the stocks of banknotes of the previous series are depleted. 

All national banknotes are legal tender in the territory of the Kyrgyz Republic and are subject to mandatory acceptance regardless of the year of issue. 

 

 

Security features of new 2023 banknotes in denominations of 

20, 50 and 100 Som 

 

1. WATERMARK. Look for the multi-tonal portrait combined with numbers, visible when held to the light.  

2. SECURITY THREAD visible as a broken line, and when viewed against the light it is a continuous line. Tilt the note to see a rapid movement up and down the threads background and the diamond-shaped logo of the National Bank pulsate. 

3. SEE-THROUGH IMAGE. Look for the patterns on the front and reverse sides of the banknote complete a pattern of diamonds when held to the light.  

4. RAISED INK. Feel the raised ink on the portrait, signature and denomination. 

5. LATENT IMAGE. Tilt the note to see the C in a rainbow colour stand out from the background.  

6. COLOUR-SHIFTING INK (only on the 100 Som banknote). The pattern is shifting from gold to jade, and moving double rings can be seen when the note is tilted.  

7. IRIDESCENT STRIPE (on the reverse side). The diamond-shaped logo of the National Bank and the denomination can be seen when the banknote is tilted.  

 

 

 

 

 

 

 


Date: 30.01.2024
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National Bank keeps its policy rate unchanged at 13.00 percent. 


Date: 22.12.2023
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Information message 

of the National Bank of the Kyrgyz Republic  

  

Since December 22, 2023, the National Bank of the Kyrgyz Republic put into circulation the following collection coins: “30 years of the Constitution of the Kyrgyz Republic” of the series “Historical Events” and “Beshikke saluu” (“Cradling”) of the series “Kyrgyz Customs and Ceremonies”.  

 

Collection coin “30 years of the Constitution of the Kyrgyz Republic” was issued in honor of the 30th anniversary of adoption of the first Constitution of the independent Kyrgyz Republic, which consolidated the legal platform of modern Kyrgyz statehood and proclaimed humans, their lives, rights and freedoms as the highest values of the state.  

The main plot of the obverse of the coin “30 years of the Constitution of the Kyrgyz Republic” is a stylized image of the Constitution of the Kyrgyz Republic made by color printing. The inscription: “Кыргыз Республикасынын Конституциясына 30 жыл / Конституции Кыргызской Республики 30 лет (30 years of the Constitution of the Kyrgyz Republic)”, as well as the denomination of the coin and the graphical sign of som (5 C) are depicted in the left side of the coin.  

A stylized image of a book spread is the main plot of the reverse of the coin. The coat of arms of the Kyrgyz Republic is in the center of the coin. The inscriptions: “Кыргыз Республикасынын Улуттук банкы” and “Национальный банк Кыргызской Республики (The National Bank of the Kyrgyz Republic)” are depicted in the left and right sides of the coin. The year of coin issue (2023) is specified at the bottom of the coin, in the left side.  

 

 

 

 

Specifications of the collection coin  

“30 years of the Constitution of the Kyrgyz Republic” 

Denomination 

5 Som 

Metal (alloy) 

copper-nickel 

Size (mm) 

33.00 

Weight (g) 

15.50 

Quality 

Proof-like 

Issue limit (pcs)   

500 

Price 

2 550 Som 

 

Collection coin “Beshikke Saluu” (“Cradling”) was issued to popularize the history and culture of Kyrgyzstan, as well as to revive the national customs of the Kyrgyz people.  

“Beshikke Saluu” (cradling) is one of the national ceremonies held by the Kyrgyz people in honor of the child birth. According to this ceremony, the oldest and most respected woman among the relatives laid a newborn baby in a cradle “beshik” asking the mother Umai - the patroness of the children and the women in labor - to grant the newborn long years of life and health.  

The main plot of the obverse of the coin “Beshikke Saluu” is a stylized image of a woman holding a baby and a cradle made by local gilding. There inscription: “Beshikke Saluu” and the denomination of the coin (10 Som) are depicted in the right side of the coin. The metal alloy (Ag 925) and the weight of the coin (28.28 g) are specified at the bottom of the coin.  

The main plot of the reverse of the coin is a stylized images of a woman holding an infant in a yurt, as well as a tumar - a traditional Kyrgyz amulet. The center of the coin contains the coat of arms of the Kyrgyz Republic. The circumference of the coin is provided with an inscription: “Кыргыз үрп-адаттары жана ырым-жырымдары” (Kyrgyz Customs and Ceremonies). The year of coin issue (2023) is specified at the bottom of the coin.  

 

 

 

 

Specifications of the collection coin 

“Beshikke Saluu” (“Cradling”)  

Denomination 

10 Som 

Metal (alloy) 

Ag 925 

Size (mm) 

38.61 

Weight (g) 

28.28 

Quality 

Proof 

Issue limit (pcs)   

1 000 

Price 

6 030 Som 

 

Each collection coin is placed in an acrylic capsule and packed in a separate box. A certificate of quality is attached to each silver coin.  

The collection coins of the national currency have the status of the legal tender in the territory of the Kyrgyz Republic.  

The collection coins are sold at the cash desks of the National Bank institutions on working days from 9.00 a.m. till 2.00 p.m., as well as through the website for sale of the numismatic values: www.numizmat.nbkr.kg.  


Date: 01.12.2023
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National Bank of the Kyrgyz Republic keeps its policy rate unchanged at 13.00 percent 

 

On November 27, 2023, the Board of the National Bank of the Kyrgyz Republic decided to keep the policy rate (key rate) unchanged at 13.00 percent. The decision becomes effective as of November 28, 2023.  

Monetary policy measures taken by the National Bank contributed to the downward trend of inflation. The annual inflation rate demonstrates smooth decline in November 2023 it was 8.0 percent, having decreased by 6.7 percentage points compared to the beginning of 2023.  

In the structure of inflation, there was steady slowdown in the commodity group of food products, where the growth of prices, taking into account the temporary measures for state regulation of prices for some goods decreased from 15.8 percent at the beginning of 2023 down to 3.9 percent in November 2023 in annual terms. However, prices for non-food products and services remain at the same levels, reflecting the effect of tariff policy measures and the current increased domestic demand.  

The economy of the Kyrgyz Republic demonstrates upward trend: in January-October 2023, the real GDP increased by 4.5 percent (excluding “Kumtor” gold-mining enterprises 6.5 percent). The main contribution is provided by high activity in the services and manufacturing sectors. Growing domestic consumption is conditioned by stable increase in consumer lending and growth of real wages.  

The monetary sector still shows the trends observed since the beginning of the current year continued. The short-term money market rates share the same direction with the dynamics of the key rate and continue to remain within the interest rate corridor set by the National Bank. The banking system has sufficient liquidity both in KGS and in foreign currency. The situation in the domestic foreign exchange market remains stable.  

The current price reduction environment in the world food markets has a favorable impact on the domestic prices for some goods of the consumer basket. At the same time, the remaining high uncertainty and heterogeneity in the external environment due to geopolitical risks are still pro-inflationary factors for the economy of the Kyrgyz Republic. 


Date: 31.10.2023
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National Bank keeps its policy rate unchanged at 13.00 percent. 

 


Date: 29.08.2023
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National Bank keeps its policy rate unchanged at 13.00 percent.