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Speedy to Myanma Kyat Converter and calculator

Convert 1Speedy (SPEEDY) to Myanma Kyat (MMK) equals Ks 0.009209 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Speedy(SPEEDY) to Myanma Kyat(MMK). This is the real-time data. The current conversion shows 1 SPEEDY at a value of 1 SPEEDY for 0.01 MMK . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Speedy currency pair is the SPEEDY to MMK, with for Speedy's currency code being SPEEDY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

SPEEDY to MMK conversion rate trend

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In the past 1D, Speedy has changed +12.67% to MMK. Based on the trend and price charts, Speedy(SPEEDY) has changed +12.67% to MMK while Myanma Kyat(MMK) has changed % to SPEEDY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks0.009209
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/21 07:14:22(UTC+0)

How to buy Speedy

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Use a variety of payment options to buy Speedy on Bitget. We'll show you how.

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

Speedy to Myanma Kyat is rising this week.
Speedy's current market price is Ks 0.009209 per SPEEDY, with a total market cap of Ks 0 MMK based on a circulating supply of -- SPEEDY. The trading volume of Speedy has changed by +94.89% (Ks 296,143,175.58 MMK) in the last 24 hours. Last trading day, SPEEDY's trading volume was Ks 312,089,053.69.
Market cap
$0
24h volume
$289.40K
Circulating supply
0 SPEEDY

Conversion tables

The exchange rate of Speedy is decreasing.
1 SPEEDY is currently valued at Ks 0.009209 MMK , which means buying 5 SPEEDY will cost Ks 0.04605 MMK . Similarly, Ks1 MMK can be traded for 108.59 SPEEDY, and Ks50 MMK can be converted to 5,429.42 SPEEDY, excluding any platform or gas fees.
The exchange rate of 1 SPEEDY to Myanma Kyat has changed by +80.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.67%, reaching a high of 0.01039 MMK and a low of 0.008173 MMK . One month ago, the value of 1 SPEEDY was Ks 0.02663 MMK , which represents a -65.42% change from its current value. Over the last year, Speedy has changed by
+Ks
0.009209MMK
, resulting in a change of --% in its value.

SPEEDY to MMK

Amount
07:14 am today
0.5 SPEEDY
Ks0.004605
1 SPEEDY
Ks0.009209
5 SPEEDY
Ks0.04605
10 SPEEDY
Ks0.09209
50 SPEEDY
Ks0.4605
100 SPEEDY
Ks0.9209
500 SPEEDY
Ks4.6
1000 SPEEDY
Ks9.21

MMK to SPEEDY

Amount07:14 am today
0.5MMK54.29  SPEEDY
1MMK108.59  SPEEDY
5MMK542.94  SPEEDY
10MMK1,085.88  SPEEDY
50MMK5,429.42  SPEEDY
100MMK10,858.83  SPEEDY
500MMK54,294.17  SPEEDY
1000MMK108,588.34  SPEEDY
Buy Speedy for 1 MMK
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Today vs. 24 hours ago

Amount07:14 am today24 hours ago24h change
0.5 SPEEDY$0.{5}2191$0.{5}1944
+12.67%
1 SPEEDY$0.{5}4382$0.{5}3889
+12.67%
5 SPEEDY$0.{4}2191$0.{4}1944
+12.67%
10 SPEEDY$0.{4}4382$0.{4}3889
+12.67%
50 SPEEDY$0.0002191$0.0001944
+12.67%
100 SPEEDY$0.0004382$0.0003889
+12.67%
500 SPEEDY$0.002191$0.001944
+12.67%
1000 SPEEDY$0.004382$0.003889
+12.67%

Today vs. 1 month ago

Amount07:14 am today1 month ago1M change
0.5 SPEEDY$0.{5}2191$0.{5}6336
-65.42%
1 SPEEDY$0.{5}4382$0.{4}1267
-65.42%
5 SPEEDY$0.{4}2191$0.{4}6336
-65.42%
10 SPEEDY$0.{4}4382$0.0001267
-65.42%
50 SPEEDY$0.0002191$0.0006336
-65.42%
100 SPEEDY$0.0004382$0.001267
-65.42%
500 SPEEDY$0.002191$0.006336
-65.42%
1000 SPEEDY$0.004382$0.01267
-65.42%
Buy Speedy for 1 MMK
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Today vs. 1 year ago

Amount07:14 am today1 year ago1Y change
0.5 SPEEDY$0.{5}2191$0.00
--
1 SPEEDY$0.{5}4382$0.00
--
5 SPEEDY$0.{4}2191$0.00
--
10 SPEEDY$0.{4}4382$0.00
--
50 SPEEDY$0.0002191$0.00
--
100 SPEEDY$0.0004382$0.00
--
500 SPEEDY$0.002191$0.00
--
1000 SPEEDY$0.004382$0.00
--

Speedy price prediction

What will the price of SPEEDY be in 2025?

Based on SPEEDY's historical price performance prediction model, the price of SPEEDY is projected to reach -- in 2025.

What will the price of SPEEDY be in 2030?

In 2030, the SPEEDY price is expected to rise by -9.00%. By the end of 2030, the SPEEDY price is projected to reach --, with a cumulative ROI of 0.00%.
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Buy Speedy for 1 MMK
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