1. What is the official currency of Kyrgyzstan?

The official currency of Kyrgyzstan is the Kyrgyzstani som.

2. Are there any restrictions on foreign currency transactions in Kyrgyzstan?

There are no major restrictions on foreign currency transactions in Kyrgyzstan, although individuals and businesses must comply with certain reporting requirements for large transactions. The national currency, the Kyrgyz Som (KGS), is freely convertible and can be exchanged for foreign currency at banks and exchange offices. However, some businesses and individuals may face difficulties in obtaining foreign currency due to limited availability in certain regions.

Additionally, the government has implemented restrictions on the importation of certain goods, such as weapons and ammunition, drugs, and materials that promote religious extremism or hate speech. These items may require special permits for import or export.

3. Can I use credit cards in Kyrgyzstan?

Major credit cards like Visa and Mastercard are accepted at some larger hotels, restaurants, and shops in major cities in Kyrgyzstan. However, cash is still the preferred form of payment in many places outside of these areas. It is recommended to have local currency on hand for smaller purchases or when traveling to more rural areas.

4. Is there a limit on how much money I can bring into/out of Kyrgyzstan?

There is no limit on how much money you can bring into or take out of Kyrgyzstan by air travel. However, when crossing a land border with more than $10,000 USD (or equivalent in another currency), you must declare it to customs officials.

5. Are there any restrictions on sending money out of Kyrgyzstan?

Individuals must report any transfers abroad that exceed 1000 times the minimum wage (approximately $14,464 USD as of October 2021). Businesses must report all international payments exceeding $50 USD to the National Bank of the Kyrgyz Republic.

Additionally, funds from illegal activities such as drug trafficking or money laundering cannot be sent out of country through legal channels.

6. Can I exchange currency at the airport?

Yes, there are currency exchange offices at airports in major cities like Bishkek and Osh. However, it is recommended to compare rates and fees with local banks and exchange offices before making a transaction.

7. Can I use my foreign debit or credit card at an ATM in Kyrgyzstan?

Some ATMs in major cities may accept foreign cards, but this is not guaranteed. It is best to check with your bank about international fees and availability of ATM access in Kyrgyzstan before traveling.

3. What is the current exchange rate for local currency to US dollar in Kyrgyzstan?

As of October 2021, the current exchange rate for local currency to US dollar in Kyrgyzstan is approximately 84 Kyrgyzstani Som to 1 US dollar. However, please note that exchange rates are subject to change and may vary depending on the specific currency exchange provider or bank used. It is recommended to check with a reliable source for the most up-to-date exchange rate.

4. Is it better to use cash or credit cards for purchases in Kyrgyzstan?

It is better to use cash for purchases in Kyrgyzstan, as credit cards are not widely accepted. It is also recommended to have small bills and change on hand, as many businesses may not be able to provide change for larger denominations. Additionally, ATMs may be limited in certain areas and may not accept all types of cards.

5. Do businesses in Kyrgyzstan typically accept US dollars or do they prefer local currency?

Businesses in Kyrgyzstan generally accept both US dollars and local currency, which is the Kyrgyzstani som (KGS). However, it is always advisable to carry local currency when traveling to ensure that you can pay for small purchases and services. Some businesses may also prefer payment in KGS over USD. It is recommended to check with individual businesses about their preferred currency before making a purchase.

6. Are there any hidden fees or charges when exchanging money in Kyrgyzstan?

It is always a good idea to check for any hidden fees or charges when exchanging money in Kyrgyzstan, as there may be different fees charged by different exchange offices or banks. Some possible fees could include transaction fees, service charges, and commission fees. It is recommended to compare rates and ask for a breakdown of any fees before making an exchange. Also, be aware that some places may offer lower exchange rates but charge higher fees, so it’s important to consider both the rate and any potential fees. Additionally, it may be helpful to use a debit or credit card with no foreign transaction fees when possible.

7. Can I use ATMs from my home country bank in Kyrgyzstan to withdraw money?

It is possible to use your home country bank’s ATM to withdraw money in Kyrgyzstan, but you may incur additional fees and possibly lower exchange rates. It is recommended to contact your bank beforehand to inquire about any international transaction fees or restrictions. Additionally, some ATMs in Kyrgyzstan may only accept certain types of cards, so it is important to confirm with your bank if your card will be accepted before traveling. It may be more convenient and cost-effective to exchange currency or use a local ATM in Kyrgyzstan.

8. Is it necessary to tip service workers and what is the customary amount in Kyrgyzstan?

In Kyrgyzstan, it is not necessary to tip service workers, but it is considered a common practice and appreciated. The customary amount for a tip in Kyrgyzstan is typically 10% of the total cost of the service. However, the amount can vary depending on the quality of service provided. Additionally, tipping is more common in upscale restaurants and hotels compared to smaller local establishments.

9. Can I purchase traveler’s checks before traveling to Kyrgyzstan, and are they widely accepted?

Yes, you can purchase traveler’s checks before traveling to Kyrgyzstan. They are widely accepted at major banks and some hotels and restaurants. However, it is recommended to have some cash on hand as well, as traveler’s checks may not be accepted in smaller shops or markets. Additionally, many businesses in Kyrgyzstan prefer payment in the local currency, the som, rather than traveler’s checks or foreign currency.

10. Are there any restrictions or limits on bringing foreign currency into or out of Kyrgyzstan?

Yes, individuals are allowed to bring in and take out up to $10,000 USD or its equivalent in other foreign currency without declaration. Amounts exceeding this limit must be declared at customs. It is also illegal to bring in or take out Kyrgyz soms in excess of 20,000 KGS without declaring them at customs.

11. Do major hotels and restaurants accept credit cards, and if so, which types are most commonly accepted?

Most major hotels and restaurants in Japan accept credit cards, particularly American Express, VISA, Mastercard, and JCB. Some may also accept Diners Club and Discover. It is always best to check with the specific establishment beforehand to confirm which credit cards are accepted.

12. Are there any unique features of the currency used in Kyrgyzstan, such as coins with different values or special designs?

Yes, there are a few unique features of the currency used in Kyrgyzstan:

1. Commemorative coins: The National Bank of the Kyrgyz Republic has issued several commemorative coins over the years to celebrate significant events and personalities in the country’s history.

2. Denomination of 50 tyiyn: The smallest denomination in Kyrgyzstan’s currency is 50 tyiyn, which is less than one US cent.

3. Animal-themed coins: Some of the regular issue coins feature endemic animals such as the snow leopard and Marco Polo sheep, showcasing Kyrgyzstan’s diverse wildlife.

4. Different shapes and sizes: Unlike most countries where all coins have a circular shape, Kyrgyzstan’s currency includes square-shaped 1 som and 10 som coins as well as scalloped-edged 50 tyiyn and 5 som coins.

5. Traditional designs: Many of the banknotes feature traditional Kyrgyz patterns and motifs, such as patterns found on yurts (traditional nomadic dwellings) and carpets.

6. Use of polymer material: In recent years, the National Bank has started issuing new banknotes made from polymer material rather than paper, making them more durable and difficult to counterfeit.

13. Is haggling acceptable when making purchases, especially in markets and smaller shops?

It depends on the culture and location. In some places, haggling is expected and even necessary in markets and smaller shops. However, in other places, the price is fixed and haggling may be seen as rude or disrespectful. It is always best to observe the local customs and ask politely if it is acceptable to haggle before doing so.

14. Can I pay for goods and services with a mix of both local currency and US dollars?

Yes, it is possible to pay for goods and services with a mix of both local currency and US dollars. However, it ultimately depends on the specific policies of the establishment you are making the purchase at. Some may only accept one form of currency, while others may accept multiple. It is always best to ask beforehand or check their payment policies to avoid any confusion or inconvenience.

15. What is the most convenient way to exchange money while traveling through different regions of Kyrgyzstan?

The most convenient way to exchange money while traveling through different regions of Kyrgyzstan is by using ATMs or exchanging currency at local banks. It is also possible to exchange currency at some hotels, tourist agencies, and major stores, but the rates may not be as favorable. It is important to have a mix of cash in both local currency (Kyrgyz soms) and US dollars, as some rural areas may not have ATMs or accept credit cards.

16. Are there alternative forms of payment in addition to cash and credit cards, such as mobile payments or digital wallets in Kyrgyzstan?

Yes, there are alternative forms of payment in Kyrgyzstan, such as mobile payments and digital wallets. The most popular mobile payment service is the “Elsom” app, which allows users to make payments and transfer money using their smartphones. Other popular digital wallets in Kyrgyzstan include PayMaster, O! Wallet, and Qiwi Wallet. These services can be used for online purchases, utility bill payments, and money transfers. Some merchants also accept QR code-based mobile payments through the Asia Universal Bank app. Visa and Mastercard have also introduced contactless payment systems in Kyrgyzstan.

17. Is tipping expected during taxi rides, at hotels, or at other specific locations like spas or salons in Kyrgyzstan?

Tipping is not a common practice in Kyrgyzstan and is not expected for taxi rides, hotels, or other services such as spas or salons. However, if the service was exceptional, a small tip of 5-10% may be appreciated.

18. Are there certain stores where tourists can receive tax refunds on their purchases before leaving Kyrgyzstan?

Yes, tourists can receive tax refunds on their purchases at designated Global Blue and Premier Tax Free partner stores, which include shopping centers, retail chains, and individual merchants. Some examples of participating stores in Kyrgyzstan include Bishkek Park Shopping Center, Ramstore Shopping Mall, and Red Star Department Store.

To receive a tax refund, tourists must make a minimum purchase amount (usually around 1000 KGS) at a participating store and ask for a tax free form at the time of purchase. They must then present the form, along with their passport and proof of travel (such as a boarding pass), at the airport or designated tax refund office to receive their refund.

It is important to note that not all stores in Kyrgyzstan offer tax refunds for tourists. It is best to inquire with individual stores or check their website for information on tax refunds before making a purchase.

19..How should I handle my leftover foreign currency when departing from Kyrgyzstan, including coins and smaller bills?

1. Exchange it at a local bank or currency exchange: The easiest and most convenient option would be to exchange your leftover foreign currency at a local bank or currency exchange before leaving Kyrgyzstan. Most banks and currency exchanges will accept both coins and smaller bills.

2. Spend it: If you still have a considerable amount of currency left, you can use it to pay for purchases such as souvenirs, food, or transportation. It’s a good idea to spend the larger bills first and keep the coins for smaller expenses.

3. Donate it: Consider donating your leftover foreign currency to a charity or non-profit organization in Kyrgyzstan. This is a great way to give back and help the local community.

4. Keep it as a souvenir: If you have some unique or interesting coins from Kyrgyzstan, you may want to keep them as a souvenir. In this case, make sure to check with customs regulations of your home country before taking any foreign currency out of the country.

5. Use it in transit: Some airports and major international transportation hubs may have currency exchange services that will accept leftover coins and small bills from different countries.

6. Sell it online: You can also try selling your leftover foreign currency online through websites like eBay or forums specific to travelers. However, be aware that this could involve additional fees and commissions.

Remember to always keep your receipts when exchanging currency in Kyrgyzstan as you may need them when converting any unused foreign currency back into your local currency at home.

20. Is there a limit on the amount of local currency I can withdraw from ATMs in Kyrgyzstan each day?

The amount of local currency that can be withdrawn from ATMs in Kyrgyzstan each day may vary depending on the bank and your individual account limits. It is best to check with your bank or the ATM before attempting a large withdrawal to avoid any potential daily limits.