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Stellar to Myanma Kyat Converter and calculator

Convert 1Stellar (XLM) to Myanma Kyat (MMK) equals Ks 241.2 | 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 Stellar(XLM) to Myanma Kyat(MMK). This is the real-time data. The current conversion shows 1 XLM at a value of 1 XLM for 241.20 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 Stellar currency pair is the XLM to MMK, with for Stellar's currency code being XLM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

XLM to MMK conversion rate trend

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In the past 1D, Stellar has changed +1.35% to MMK. Based on the trend and price charts, Stellar(XLM) has changed +1.35% to MMK while Myanma Kyat(MMK) has changed % to XLM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks240.28
0.0001% / 0.0004%vip-iconVIP
Binance
Ks240.13
0.1000% / 0.1000%
Yes
Coinbase Exchange
Ks240.34
0.1000% / 0.1000%
Yes
OKX
Ks240.24
0.080% / 0.100%
Yes
Huobi
Ks240.27
0.1000% / 0.1000%
Yes
Gate.io
Ks240.26
0.1000% / 0.1000%
Yes
Bybit
Ks240.3
0.1000% / 0.1000%
Yes
KuCoin
Ks240.55
0.1000% / 0.1000%
Yes
Bitfinex
Ks240.38
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 11:00:36(UTC+0)

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

Stellar to Myanma Kyat is rising this week.
Stellar's current market price is Ks 241.2 per XLM, with a total market cap of Ks 6,973,116,437,517.45 MMK based on a circulating supply of 28,910,606,000 XLM. The trading volume of Stellar has changed by -17.12% (Ks -25,964,082,155.10 MMK) in the last 24 hours. Last trading day, XLM's trading volume was Ks 151,698,346,275.33.
Market cap
$3.33B
24h volume
$60.01M
Circulating supply
28.91B XLM

Conversion tables

The exchange rate of Stellar is decreasing.
1 XLM is currently valued at Ks 241.2 MMK , which means buying 5 XLM will cost Ks 1,205.98 MMK . Similarly, Ks1 MMK can be traded for 0.004146 XLM, and Ks50 MMK can be converted to 0.2073 XLM, excluding any platform or gas fees.
The exchange rate of 1 XLM to Myanma Kyat has changed by +6.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.35%, reaching a high of 244.89 MMK and a low of 237.39 MMK . One month ago, the value of 1 XLM was Ks 273.01 MMK , which represents a -11.66% change from its current value. Over the last year, Stellar has changed by
+Ks
45.59MMK
, resulting in a change of +23.32% in its value.

XLM to MMK

Amount
11:15 am today
0.5 XLM
Ks120.6
1 XLM
Ks241.2
5 XLM
Ks1,205.98
10 XLM
Ks2,411.96
50 XLM
Ks12,059.79
100 XLM
Ks24,119.58
500 XLM
Ks120,597.89
1000 XLM
Ks241,195.78

MMK to XLM

Amount11:15 am today
0.5MMK0.002073  XLM
1MMK0.004146  XLM
5MMK0.02073  XLM
10MMK0.04146  XLM
50MMK0.2073  XLM
100MMK0.4146  XLM
500MMK2.07  XLM
1000MMK4.15  XLM
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Today vs. 24 hours ago

Amount11:15 am today24 hours ago24h change
0.5 XLM$0.05755$0.05679
+1.35%
1 XLM$0.1151$0.1136
+1.35%
5 XLM$0.5755$0.5679
+1.35%
10 XLM$1.15$1.14
+1.35%
50 XLM$5.76$5.68
+1.35%
100 XLM$11.51$11.36
+1.35%
500 XLM$57.55$56.79
+1.35%
1000 XLM$115.11$113.57
+1.35%

Today vs. 1 month ago

Amount11:15 am today1 month ago1M change
0.5 XLM$0.05755$0.06515
-11.66%
1 XLM$0.1151$0.1303
-11.66%
5 XLM$0.5755$0.6515
-11.66%
10 XLM$1.15$1.3
-11.66%
50 XLM$5.76$6.51
-11.66%
100 XLM$11.51$13.03
-11.66%
500 XLM$57.55$65.15
-11.66%
1000 XLM$115.11$130.29
-11.66%

Today vs. 1 year ago

Amount11:15 am today1 year ago1Y change
0.5 XLM$0.05755$0.04668
+23.32%
1 XLM$0.1151$0.09335
+23.32%
5 XLM$0.5755$0.4668
+23.32%
10 XLM$1.15$0.9335
+23.32%
50 XLM$5.76$4.67
+23.32%
100 XLM$11.51$9.34
+23.32%
500 XLM$57.55$46.68
+23.32%
1000 XLM$115.11$93.35
+23.32%

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.