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VeChain to Myanma Kyat Converter and calculator

Convert 1VeChain (VET) to Myanma Kyat (MMK) equals Ks 71.98 | 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 VeChain(VET) to Myanma Kyat(MMK). This is the real-time data. The current conversion shows 1 VET at a value of 1 VET for 71.98 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 VeChain currency pair is the VET to MMK, with for VeChain's currency code being VET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

VET to MMK conversion rate trend

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In the past 1D, VeChain has changed -0.68% to MMK. Based on the trend and price charts, VeChain(VET) has changed -0.68% to MMK while Myanma Kyat(MMK) has changed % to VET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks71.98
0.0001% / 0.0004%vip-iconVIP
Binance
Ks71.95
0.1000% / 0.1000%
Yes
Huobi
Ks71.92
0.1000% / 0.1000%
Yes
Gate.io
Ks72.01
0.1000% / 0.1000%
Yes
KuCoin
Ks71.97
0.1000% / 0.1000%
Yes
Bitfinex
Ks72.37
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 13:00:18(UTC+0)

How to buy VeChain

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Buy VeChain (VET)
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What factors influence the conversion rate of VeChain to Myanma Kyat?

VeChain to Myanma Kyat is rising this week.
VeChain's current market price is Ks 71.98 per VET, with a total market cap of Ks 5,233,866,968,946.75 MMK based on a circulating supply of 72,714,520,000 VET. The trading volume of VeChain has changed by +8.85% (Ks 8,434,505,262.46 MMK) in the last 24 hours. Last trading day, VET's trading volume was Ks 95,296,529,833.02.
Market cap
$2.49B
24h volume
$49.36M
Circulating supply
72.71B VET

Conversion tables

The exchange rate of VeChain is decreasing.
1 VET is currently valued at Ks 71.98 MMK , which means buying 5 VET will cost Ks 359.89 MMK . Similarly, Ks1 MMK can be traded for 0.01389 VET, and Ks50 MMK can be converted to 0.6947 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Myanma Kyat has changed by +0.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.68%, reaching a high of 73.69 MMK and a low of 70.84 MMK . One month ago, the value of 1 VET was Ks 86.82 MMK , which represents a -17.09% change from its current value. Over the last year, VeChain has changed by
+Ks
31.68MMK
, resulting in a change of +78.64% in its value.

VET to MMK

Amount
13:39 today
0.5 VET
Ks35.99
1 VET
Ks71.98
5 VET
Ks359.89
10 VET
Ks719.78
50 VET
Ks3,598.91
100 VET
Ks7,197.83
500 VET
Ks35,989.15
1000 VET
Ks71,978.29

MMK to VET

Amount13:39 today
0.5MMK0.006947  VET
1MMK0.01389  VET
5MMK0.06947  VET
10MMK0.1389  VET
50MMK0.6947  VET
100MMK1.39  VET
500MMK6.95  VET
1000MMK13.89  VET
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Today vs. 24 hours ago

Amount13:39 today24 hours ago24h change
0.5 VET$0.01713$0.01724
-0.68%
1 VET$0.03425$0.03449
-0.68%
5 VET$0.1713$0.1724
-0.68%
10 VET$0.3425$0.3449
-0.68%
50 VET$1.71$1.72
-0.68%
100 VET$3.43$3.45
-0.68%
500 VET$17.13$17.24
-0.68%
1000 VET$34.25$34.49
-0.68%

Today vs. 1 month ago

Amount13:39 today1 month ago1M change
0.5 VET$0.01713$0.02066
-17.09%
1 VET$0.03425$0.04131
-17.09%
5 VET$0.1713$0.2066
-17.09%
10 VET$0.3425$0.4131
-17.09%
50 VET$1.71$2.07
-17.09%
100 VET$3.43$4.13
-17.09%
500 VET$17.13$20.66
-17.09%
1000 VET$34.25$41.31
-17.09%
Buy VeChain for 1 MMK
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Today vs. 1 year ago

Amount13:39 today1 year ago1Y change
0.5 VET$0.01713$0.009588
+78.64%
1 VET$0.03425$0.01918
+78.64%
5 VET$0.1713$0.09588
+78.64%
10 VET$0.3425$0.1918
+78.64%
50 VET$1.71$0.9588
+78.64%
100 VET$3.43$1.92
+78.64%
500 VET$17.13$9.59
+78.64%
1000 VET$34.25$19.18
+78.64%

VeChain price prediction

What will the price of VET be in 2025?

Based on VET's historical price performance prediction model, the price of VET is projected to reach $0.04862 in 2025.

What will the price of VET be in 2030?

In 2030, the VET price is expected to rise by -19.00%. By the end of 2030, the VET price is projected to reach $0.08116, with a cumulative ROI of +136.94%.
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FAQ

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