Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Dai

Dai to Myanma Kyat Converter and calculator

Convert 1Dai (DAI) to Myanma Kyat (MMK) equals Ks 2,094.28 | Bitget

MMK information

About Myanma Kyat (MMK)

The Myanma Kyat (MMK), introduced in 1952, is not merely the monetary unit of Myanmar; it represents a crucial aspect of the nation's complex socio-economic narrative. It is commonly abbreviated as MMK and represented by the symbol Ks. Emerging in the post-independence era as a replacement for the Indian Rupee, the Kyat has since navigated through Myanmar's turbulent history, economic reforms, and ongoing challenges.

Historical Background

The introduction of the Myanma Kyat marked a significant milestone in Myanmar’s journey towards economic self-identity after gaining independence from British colonial rule. The Kyat was established to facilitate the development of a nascent economy free from colonial ties and has witnessed several political and economic upheavals since then.

Design and Symbolism

The design of the Kyat reflects Myanmar's rich cultural heritage and national identity. The currency features iconic figures from Myanmar's history, landmarks, and cultural symbols that narrate the country’s storied past and aspirations. These designs not only serve as a medium for financial transactions but also as emblems of national pride and identity.

Economic Role

The Kyat plays a central role in Myanmar’s economy, which is characterized by its agricultural base, natural resource wealth, and more recently, a burgeoning tourism industry. As the primary medium of exchange, it supports various sectors, enabling trade and facilitating economic activities crucial for the country’s development.

Monetary Policy and Inflation

Managed by the Central Bank of Myanmar, the Kyat has faced challenges such as inflation, currency depreciation, and economic sanctions. The central bank's monetary policies are aimed at stabilizing the currency and fostering an environment conducive to economic stability and growth.

International Trade and the Myanma Kyat

The value of the Kyat is significant in international trade, especially for Myanmar's key exports like rice, natural gas, and garments. A stable Kyat is vital for maintaining competitive export prices and attracting foreign investment.

Remittances and Economic Impact

Remittances from Burmese working abroad, particularly in Thailand, Malaysia, and Singapore, are a vital source of income for many families and contribute to the national economy. These funds, exchanged into Kyats, support household incomes and contribute to economic stability.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Dai currency pair is the DAI to MMK, with for Dai's currency code being DAI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

DAI to MMK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Dai has changed +0.02% to MMK. Based on the trend and price charts, Dai(DAI) has changed +0.02% to MMK while Myanma Kyat(MMK) has changed % to DAI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks2,093.27
0.0001% / 0.0004%vip-iconVIP
Kraken
Ks2,092.37
0.1000% / 0.1000%
Yes
OKX
Ks2,093.27
0.080% / 0.100%
Yes
Huobi
Ks2,092.23
0.1000% / 0.1000%
Yes
Gate.io
Ks2,090.76
0.1000% / 0.1000%
Yes
Bybit
Ks2,093.06
0.1000% / 0.1000%
Yes
Last updated 2024/04/18 16:00:32(UTC+0)

What factors influence the conversion rate of Dai to Myanma Kyat?

Dai to Myanma Kyat is rising this week.
Dai's current market price is Ks 2,094.28 per DAI, with a total market cap of Ks 11,199,996,398,422.91 MMK based on a circulating supply of 5,347,888,600 DAI. The trading volume of Dai has changed by -66.37% (Ks -1,199,391,841,012.43 MMK) in the last 24 hours. Last trading day, DAI's trading volume was Ks 1,807,099,537,317.34.
Market cap
$5.35B
24h volume
$290.23M
Circulating supply
5.35B DAI

Conversion tables

The exchange rate of Dai is increasing.
1 DAI is currently valued at Ks 2,094.28 MMK , which means buying 5 DAI will cost Ks 10,471.42 MMK . Similarly, Ks1 MMK can be traded for 0.0004775 DAI, and Ks50 MMK can be converted to 0.02387 DAI, excluding any platform or gas fees.
The exchange rate of 1 DAI to Myanma Kyat has changed by +0.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.02%, reaching a high of 2,094.76 MMK and a low of 2,093.48 MMK . One month ago, the value of 1 DAI was Ks 2,094.21 MMK , which represents a +0.00% change from its current value. Over the last year, Dai has changed by
+Ks
2.04MMK
, resulting in a change of +0.10% in its value.

DAI to MMK

Amount
16:46 today
0.5 DAI
Ks1,047.14
1 DAI
Ks2,094.28
5 DAI
Ks10,471.42
10 DAI
Ks20,942.84
50 DAI
Ks104,714.2
100 DAI
Ks209,428.39
500 DAI
Ks1,047,141.96
1000 DAI
Ks2,094,283.93

MMK to DAI

Amount16:46 today
0.5MMK0.0002387  DAI
1MMK0.0004775  DAI
5MMK0.002387  DAI
10MMK0.004775  DAI
50MMK0.02387  DAI
100MMK0.04775  DAI
500MMK0.2387  DAI
1000MMK0.4775  DAI
share

Today vs. 24 hours ago

Amount16:46 today24 hours ago24h change
0.5 DAI$0.5001$0.5000
+0.02%
1 DAI$1$1
+0.02%
5 DAI$5$5
+0.02%
10 DAI$10$10
+0.02%
50 DAI$50.01$50
+0.02%
100 DAI$100.02$100
+0.02%
500 DAI$500.09$500.01
+0.02%
1000 DAI$1,000.18$1,000.01
+0.02%

Today vs. 1 month ago

Amount16:46 today1 month ago1M change
0.5 DAI$0.5001$0.5001
+0.00%
1 DAI$1$1
+0.00%
5 DAI$5$5
+0.00%
10 DAI$10$10
+0.00%
50 DAI$50.01$50.01
+0.00%
100 DAI$100.02$100.01
+0.00%
500 DAI$500.09$500.07
+0.00%
1000 DAI$1,000.18$1,000.15
+0.00%

Today vs. 1 year ago

Amount16:46 today1 year ago1Y change
0.5 DAI$0.5001$0.4996
+0.10%
1 DAI$1$0.9992
+0.10%
5 DAI$5$5
+0.10%
10 DAI$10$9.99
+0.10%
50 DAI$50.01$49.96
+0.10%
100 DAI$100.02$99.92
+0.10%
500 DAI$500.09$499.6
+0.10%
1000 DAI$1,000.18$999.21
+0.10%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.