Yuan Hits New Record High Against Kyrgyz Som; Ruble Strengthens

The Chinese yuan has once again set a new historical record, reaching its highest point against the Kyrgyzstani som on June 1, 2026. This marks the second consecutive time the yuan has achieved this milestone, reflecting its ongoing strengthening trend.

Meanwhile, the Russian ruble continued its robust performance, registering a significant 5.29 percent increase against the som over the past month, making it the strongest performing currency in May. The euro experienced a modest rise of 0.1 percent against the som, although it has lost 0.4 percent of its value over the month.

In contrast, the Kazakhstani tenge experienced a downturn, falling to its lowest value of the month. It depreciated by 5.21 percent against the som in May, emerging as the biggest underperformer among the currencies tracked.

The US dollar maintained its stable position, holding steady at the official rate set by the National Bank of the Kyrgyz Republic for the 15th consecutive working day. Exchange bureaus reported a slight difference between buying and selling rates for all currencies.

The National Bank of the Kyrgyz Republic has conducted several interventions this year to manage the currency market, selling a total of $168 million in April and $893.45 million since the beginning of the year. In comparison, the bank sold $853 million in 2025 and engaged in both buying and selling operations in 2024.