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base info Internet Computer

Internet Computer to Myanma Kyat Converter and calculator

Convert 1Internet Computer (ICP) to Myanma Kyat (MMK) equals Ks 26,806.86 | 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.

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

ICP to MMK conversion rate trend

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In the past 1D, Internet Computer has changed +2.50% to MMK. Based on the trend and price charts, Internet Computer(ICP) has changed +2.50% to MMK while Myanma Kyat(MMK) has changed % to ICP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks26,633.16
0.0001% / 0.0004%vip-iconVIP
Binance
Ks26,586.65
0.1000% / 0.1000%
Yes
Coinbase Exchange
Ks26,605.5
0.1000% / 0.1000%
Yes
OKX
Ks26,578.27
0.080% / 0.100%
Yes
Huobi
Ks26,605.5
0.1000% / 0.1000%
Yes
Gate.io
Ks26,584.56
0.1000% / 0.1000%
Yes
Bybit
Ks26,630.85
0.1000% / 0.1000%
Yes
KuCoin
Ks26,613.88
0.1000% / 0.1000%
Yes
Bitfinex
Ks26,555.23
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 05:00:30(UTC+0)

What factors influence the conversion rate of Internet Computer to Myanma Kyat?

Internet Computer to Myanma Kyat is falling this week.
Internet Computer's current market price is Ks 26,806.86 per ICP, with a total market cap of Ks 12,403,134,783,986.38 MMK based on a circulating supply of 462,685,100 ICP. The trading volume of Internet Computer has changed by -40.72% (Ks -267,169,344,505.30 MMK) in the last 24 hours. Last trading day, ICP's trading volume was Ks 656,073,041,943.15.
Market cap
$5.92B
24h volume
$185.64M
Circulating supply
462.69M ICP

Conversion tables

The exchange rate of Internet Computer is increasing.
1 ICP is currently valued at Ks 26,806.86 MMK , which means buying 5 ICP will cost Ks 134,034.3 MMK . Similarly, Ks1 MMK can be traded for 0.{4}3730 ICP, and Ks50 MMK can be converted to 0.001865 ICP, excluding any platform or gas fees.
The exchange rate of 1 ICP to Myanma Kyat has changed by -24.51% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.50%, reaching a high of 27,402.18 MMK and a low of 25,106.18 MMK . One month ago, the value of 1 ICP was Ks 26,805.87 MMK , which represents a +0.00% change from its current value. Over the last year, Internet Computer has changed by
+Ks
1,943.47MMK
, resulting in a change of +118.23% in its value.

ICP to MMK

Amount
05:17 am today
0.5 ICP
Ks13,403.43
1 ICP
Ks26,806.86
5 ICP
Ks134,034.3
10 ICP
Ks268,068.6
50 ICP
Ks1,340,342.99
100 ICP
Ks2,680,685.98
500 ICP
Ks13,403,429.9
1000 ICP
Ks26,806,859.8

MMK to ICP

Amount05:17 am today
0.5MMK0.{4}1865  ICP
1MMK0.{4}3730  ICP
5MMK0.0001865  ICP
10MMK0.0003730  ICP
50MMK0.001865  ICP
100MMK0.003730  ICP
500MMK0.01865  ICP
1000MMK0.03730  ICP
share

Today vs. 24 hours ago

Amount05:17 am today24 hours ago24h change
0.5 ICP$6.4$6.24
+2.50%
1 ICP$12.8$12.48
+2.50%
5 ICP$63.98$62.42
+2.50%
10 ICP$127.96$124.85
+2.50%
50 ICP$639.81$624.23
+2.50%
100 ICP$1,279.61$1,248.47
+2.50%
500 ICP$6,398.06$6,242.34
+2.50%
1000 ICP$12,796.12$12,484.68
+2.50%

Today vs. 1 month ago

Amount05:17 am today1 month ago1M change
0.5 ICP$6.4$6.4
+0.00%
1 ICP$12.8$12.8
+0.00%
5 ICP$63.98$63.98
+0.00%
10 ICP$127.96$127.96
+0.00%
50 ICP$639.81$639.78
+0.00%
100 ICP$1,279.61$1,279.56
+0.00%
500 ICP$6,398.06$6,397.82
+0.00%
1000 ICP$12,796.12$12,795.64
+0.00%

Today vs. 1 year ago

Amount05:17 am today1 year ago1Y change
0.5 ICP$6.4$2.93
+118.23%
1 ICP$12.8$5.87
+118.23%
5 ICP$63.98$29.34
+118.23%
10 ICP$127.96$58.68
+118.23%
50 ICP$639.81$293.42
+118.23%
100 ICP$1,279.61$586.84
+118.23%
500 ICP$6,398.06$2,934.21
+118.23%
1000 ICP$12,796.12$5,868.41
+118.23%

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.