Results: Quiz

Question 1: When did Kyrgyzstan introduce its national currency, the som?

A) 1991-жылдын 1-январы

B) 1993-жылдын 10-майы

C) 1991-жылдын 25-декабры

D) 1994-жылдын 31-августу

Correct: B) May 10, 1993

Explanation:

Kyrgyzstan introduced the som on May 10, 1993, making it the first former Soviet republic to establish its own independent currency. This date is now celebrated as National Currency Day in Kyrgyzstan.

Question 2: What does the word 'som' mean in Kyrgyz and other Turkic languages?

A) Акча

B) Таза

C) Алтын

D) Тоо

Correct: B) Pure

Explanation:

The word "som" means "pure" in Turkic languages, referring to pure gold or silver. This is similar to how the British pound "sterling" originally meant pure silver.

Question 3: How many tyiyn equal one som?

A) 10

B) 50

C) 100

D) 1000

Correct: C) 100

Explanation:

Just like many other currencies (100 cents = 1 dollar, 100 kopecks = 1 ruble), the Kyrgyz som is divided into 100 tyiyn. This decimal system makes calculations easier.

Question 4: In what year were circulation coins first introduced in Kyrgyzstan?

A) 1993

B) 2000

C) 2008

D) 2015

Correct: C) 2008

Explanation:

Although Kyrgyzstan introduced its currency in 1993, coins weren't put into circulation until January 2008 - 15 years later. Before that, only banknotes were used for all transactions.

Question 5: Which of the following is NOT a current banknote denomination in Kyrgyzstan?

A) 500 сом

B) 1000 сом

C) 3000 сом

D) 5000 сом

Correct: C) 3000 som

Explanation:

Kyrgyz banknotes come in denominations of 20, 50, 100, 200, 500, 1000, 2000, and 5000 som. There is no 3000 som banknote. The denominations follow a pattern that makes giving change easier.

Question 6: As of October 1, 2025, approximately how many som equal one U.S. dollar?

A) 50 сом

B) 69 сом

C) 87 сом

D) 100 сом

Correct: C) 87 som

Explanation:

Exchange rates fluctuate daily based on economic factors. As of October 1, 2025, 1 USD ≈ 87.41 KGS. This means if something costs $10, you would need about 874 som to buy it.

Question 7: What featured on the first som banknotes as a symbol of independence?

A) Кыргызстандын тоолору

B) Улуттук желек

C) «Манас» эпосунан сүрөттөр

D) Президенттик сарай

Correct: C) Imagery from the epic 'Manas'

Explanation:

The epic "Manas" is central to Kyrgyz cultural identity and was chosen for the first banknotes to symbolize the nation's independence and cultural heritage. Later designs shifted to featuring historical figures.

Question 8: Where are Kyrgyz coins minted?

A) Бишкекте, Кыргызстан

B) Москвада, Россия

C) Алматыда, Казакстан

D) Өскемен шаарында, Казакстан

Correct: D) In Ust-Kamenogorsk, Kazakhstan

Explanation:

Kyrgyzstan doesn't have its own mint, so coins are produced at the Kazakhstan Mint in Ust-Kamenogorsk. This is a common practice for smaller countries to outsource coin production.

Question 9: According to OECD surveys, what was Kyrgyzstan's financial behavior indicator in 2021?

A) 9,5

B) 11,1

C) 11,6

D) 15,0

Correct: C) 11.6

Explanation:

The financial behavior indicator improved from 11.1 in 2017 to 11.6 in 2021, showing that Kyrgyzstan is making progress in financial literacy. Higher scores indicate better financial decision-making habits.

Question 10: Which organization, together with the NBKR, conducted financial literacy training for over 3,000 students between 2022 and 2025?

A) ЮНЕСКО

B) Дүйнөлүк банк

C) ЕҮКК

D) ЭВФ

Correct: C) OSCE

Explanation:

No explanation provided