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base info Lido DAO

Lido DAO to Myanma Kyat Converter and calculator

Convert 1Lido DAO (LDO) to Myanma Kyat (MMK) equals Ks 4,236.28 | 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.

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

LDO to MMK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Lido DAO has changed +0.39% to MMK. Based on the trend and price charts, Lido DAO(LDO) has changed +0.39% to MMK while Myanma Kyat(MMK) has changed % to LDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks4,246.79
0.0001% / 0.0004%vip-iconVIP
Binance
Ks4,252.46
0.1000% / 0.1000%
Yes
OKX
Ks4,250.36
0.080% / 0.100%
Yes
Huobi
Ks4,254.98
0.1000% / 0.1000%
Yes
Gate.io
Ks4,250.36
0.1000% / 0.1000%
Yes
Bybit
Ks4,248.26
0.1000% / 0.1000%
Yes
KuCoin
Ks4,253.09
0.1000% / 0.1000%
Yes
Bitfinex
Ks4,204.19
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 18:00:35(UTC+0)

What factors influence the conversion rate of Lido DAO to Myanma Kyat?

Lido DAO to Myanma Kyat is falling this week.
Lido DAO's current market price is Ks 4,236.28 per LDO, with a total market cap of Ks 3,777,625,064,956.8 MMK based on a circulating supply of 891,731,500 LDO. The trading volume of Lido DAO has changed by -47.24% (Ks -192,472,072,850.09 MMK) in the last 24 hours. Last trading day, LDO's trading volume was Ks 407,437,981,799.36.
Market cap
$1.80B
24h volume
$102.42M
Circulating supply
891.73M LDO

Conversion tables

The exchange rate of Lido DAO is decreasing.
1 LDO is currently valued at Ks 4,236.28 MMK , which means buying 5 LDO will cost Ks 21,181.4 MMK . Similarly, Ks1 MMK can be traded for 0.0002361 LDO, and Ks50 MMK can be converted to 0.01180 LDO, excluding any platform or gas fees.
The exchange rate of 1 LDO to Myanma Kyat has changed by -32.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.39%, reaching a high of 4,545.21 MMK and a low of 4,176.83 MMK . One month ago, the value of 1 LDO was Ks 5,710.97 MMK , which represents a -25.82% change from its current value. Over the last year, Lido DAO has changed by
-Ks
1,093.75MMK
, resulting in a change of -20.52% in its value.

LDO to MMK

Amount
18:15 today
0.5 LDO
Ks2,118.14
1 LDO
Ks4,236.28
5 LDO
Ks21,181.4
10 LDO
Ks42,362.81
50 LDO
Ks211,814.03
100 LDO
Ks423,628.06
500 LDO
Ks2,118,140.29
1000 LDO
Ks4,236,280.58

MMK to LDO

Amount18:15 today
0.5MMK0.0001180  LDO
1MMK0.0002361  LDO
5MMK0.001180  LDO
10MMK0.002361  LDO
50MMK0.01180  LDO
100MMK0.02361  LDO
500MMK0.1180  LDO
1000MMK0.2361  LDO
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Today vs. 24 hours ago

Amount18:15 today24 hours ago24h change
0.5 LDO$1.01$1.01
+0.39%
1 LDO$2.02$2.01
+0.39%
5 LDO$10.09$10.05
+0.39%
10 LDO$20.18$20.1
+0.39%
50 LDO$100.91$100.52
+0.39%
100 LDO$201.83$201.04
+0.39%
500 LDO$1,009.15$1,005.19
+0.39%
1000 LDO$2,018.29$2,010.37
+0.39%

Today vs. 1 month ago

Amount18:15 today1 month ago1M change
0.5 LDO$1.01$1.36
-25.82%
1 LDO$2.02$2.72
-25.82%
5 LDO$10.09$13.6
-25.82%
10 LDO$20.18$27.21
-25.82%
50 LDO$100.91$136.04
-25.82%
100 LDO$201.83$272.09
-25.82%
500 LDO$1,009.15$1,360.44
-25.82%
1000 LDO$2,018.29$2,720.88
-25.82%

Today vs. 1 year ago

Amount18:15 today1 year ago1Y change
0.5 LDO$1.01$1.27
-20.52%
1 LDO$2.02$2.54
-20.52%
5 LDO$10.09$12.7
-20.52%
10 LDO$20.18$25.39
-20.52%
50 LDO$100.91$126.97
-20.52%
100 LDO$201.83$253.94
-20.52%
500 LDO$1,009.15$1,269.69
-20.52%
1000 LDO$2,018.29$2,539.39
-20.52%

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.