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base info UNUS SED LEO

UNUS SED LEO to Myanma Kyat Converter and calculator

Convert 1UNUS SED LEO (LEO) to Myanma Kyat (MMK) equals Ks 12,342.85 | 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 UNUS SED LEO currency pair is the LEO to MMK, with for UNUS SED LEO's currency code being LEO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

LEO to MMK conversion rate trend

1D7D1M3M1YAll
In the past 1D, UNUS SED LEO has changed +1.52% to MMK. Based on the trend and price charts, UNUS SED LEO(LEO) has changed +1.52% to MMK while Myanma Kyat(MMK) has changed % to LEO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks12,342.85
0.0001% / 0.0004%vip-iconVIP
OKX
Ks12,412.41
0.080% / 0.100%
Yes
Gate.io
Ks12,460.59
0.1000% / 0.1000%
Yes
Bitfinex
Ks12,481.54
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 18:00:41(UTC+0)

What factors influence the conversion rate of UNUS SED LEO to Myanma Kyat?

UNUS SED LEO to Myanma Kyat is rising this week.
UNUS SED LEO's current market price is Ks 12,342.85 per LEO, with a total market cap of Ks 11,437,335,934,842.07 MMK based on a circulating supply of 926,636,900 LEO. The trading volume of UNUS SED LEO has changed by -29.23% (Ks -1,519,645,740.06 MMK) in the last 24 hours. Last trading day, LEO's trading volume was Ks 5,198,302,427.21.
Market cap
$5.46B
24h volume
$1.76M
Circulating supply
926.64M LEO

Conversion tables

The exchange rate of UNUS SED LEO is decreasing.
1 LEO is currently valued at Ks 12,342.85 MMK , which means buying 5 LEO will cost Ks 61,714.23 MMK . Similarly, Ks1 MMK can be traded for 0.{4}8102 LEO, and Ks50 MMK can be converted to 0.004051 LEO, excluding any platform or gas fees.
The exchange rate of 1 LEO to Myanma Kyat has changed by +1.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.52%, reaching a high of 12,420.96 MMK and a low of 12,102.4 MMK . One month ago, the value of 1 LEO was Ks 12,637.06 MMK , which represents a -2.33% change from its current value. Over the last year, UNUS SED LEO has changed by
+Ks
1,056.7MMK
, resulting in a change of +73.93% in its value.

LEO to MMK

Amount
18:07 today
0.5 LEO
Ks6,171.42
1 LEO
Ks12,342.85
5 LEO
Ks61,714.23
10 LEO
Ks123,428.45
50 LEO
Ks617,142.25
100 LEO
Ks1,234,284.5
500 LEO
Ks6,171,422.52
1000 LEO
Ks12,342,845.05

MMK to LEO

Amount18:07 today
0.5MMK0.{4}4051  LEO
1MMK0.{4}8102  LEO
5MMK0.0004051  LEO
10MMK0.0008102  LEO
50MMK0.004051  LEO
100MMK0.008102  LEO
500MMK0.04051  LEO
1000MMK0.08102  LEO
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Today vs. 24 hours ago

Amount18:07 today24 hours ago24h change
0.5 LEO$2.95$2.9
+1.52%
1 LEO$5.89$5.8
+1.52%
5 LEO$29.46$29.02
+1.52%
10 LEO$58.92$58.03
+1.52%
50 LEO$294.59$290.17
+1.52%
100 LEO$589.18$580.33
+1.52%
500 LEO$2,945.9$2,901.67
+1.52%
1000 LEO$5,891.79$5,803.34
+1.52%

Today vs. 1 month ago

Amount18:07 today1 month ago1M change
0.5 LEO$2.95$3.02
-2.33%
1 LEO$5.89$6.03
-2.33%
5 LEO$29.46$30.16
-2.33%
10 LEO$58.92$60.32
-2.33%
50 LEO$294.59$301.61
-2.33%
100 LEO$589.18$603.22
-2.33%
500 LEO$2,945.9$3,016.12
-2.33%
1000 LEO$5,891.79$6,032.24
-2.33%

Today vs. 1 year ago

Amount18:07 today1 year ago1Y change
0.5 LEO$2.95$1.69
+73.93%
1 LEO$5.89$3.39
+73.93%
5 LEO$29.46$16.94
+73.93%
10 LEO$58.92$33.87
+73.93%
50 LEO$294.59$169.37
+73.93%
100 LEO$589.18$338.74
+73.93%
500 LEO$2,945.9$1,693.69
+73.93%
1000 LEO$5,891.79$3,387.38
+73.93%

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.