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Spell Token to Myanma Kyat Converter and calculator

Convert 1Spell Token (SPELL) to Myanma Kyat (MMK) equals Ks 2.31 | 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 Spell Token(SPELL) to Myanma Kyat(MMK). This is the real-time data. The current conversion shows 1 SPELL at a value of 1 SPELL for 2.31 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 Spell Token currency pair is the SPELL to MMK, with for Spell Token's currency code being SPELL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

SPELL to MMK conversion rate trend

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In the past 1D, Spell Token has changed -9.04% to MMK. Based on the trend and price charts, Spell Token(SPELL) has changed -9.04% to MMK while Myanma Kyat(MMK) has changed % to SPELL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks2.31
0.0001% / 0.0004%vip-iconVIP
Binance
Ks2.31
0.1000% / 0.1000%
Yes
Coinbase Exchange
Ks0.9353
0.1000% / 0.1000%
Yes
OKX
Ks2.31
0.080% / 0.100%
Yes
Huobi
Ks2.31
0.1000% / 0.1000%
Yes
Gate.io
Ks2.31
0.1000% / 0.1000%
Yes
Bybit
Ks2.31
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 16:00:20(UTC+0)

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Buy Spell Token (SPELL)
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What factors influence the conversion rate of Spell Token to Myanma Kyat?

Spell Token to Myanma Kyat is rising this week.
Spell Token's current market price is Ks 2.31 per SPELL, with a total market cap of Ks 248,000,540,961.55 MMK based on a circulating supply of 107,405,630,000 SPELL. The trading volume of Spell Token has changed by -27.91% (Ks -65,924,970,142.08 MMK) in the last 24 hours. Last trading day, SPELL's trading volume was Ks 236,222,481,518.13.
Market cap
$118.18M
24h volume
$81.15M
Circulating supply
107.41B SPELL

Conversion tables

The exchange rate of Spell Token is increasing.
1 SPELL is currently valued at Ks 2.31 MMK , which means buying 5 SPELL will cost Ks 11.55 MMK . Similarly, Ks1 MMK can be traded for 0.4331 SPELL, and Ks50 MMK can be converted to 21.65 SPELL, excluding any platform or gas fees.
The exchange rate of 1 SPELL to Myanma Kyat has changed by +25.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.04%, reaching a high of 2.55 MMK and a low of 2.24 MMK . One month ago, the value of 1 SPELL was Ks 1.81 MMK , which represents a +27.79% change from its current value. Over the last year, Spell Token has changed by
+Ks
1.1MMK
, resulting in a change of +90.42% in its value.

SPELL to MMK

Amount
16:19 today
0.5 SPELL
Ks1.15
1 SPELL
Ks2.31
5 SPELL
Ks11.55
10 SPELL
Ks23.09
50 SPELL
Ks115.45
100 SPELL
Ks230.9
500 SPELL
Ks1,154.5
1000 SPELL
Ks2,309.01

MMK to SPELL

Amount16:19 today
0.5MMK0.2165  SPELL
1MMK0.4331  SPELL
5MMK2.17  SPELL
10MMK4.33  SPELL
50MMK21.65  SPELL
100MMK43.31  SPELL
500MMK216.54  SPELL
1000MMK433.09  SPELL
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Today vs. 24 hours ago

Amount16:19 today24 hours ago24h change
0.5 SPELL$0.0005502$0.0006050
-9.04%
1 SPELL$0.001100$0.001210
-9.04%
5 SPELL$0.005502$0.006050
-9.04%
10 SPELL$0.01100$0.01210
-9.04%
50 SPELL$0.05502$0.06050
-9.04%
100 SPELL$0.1100$0.1210
-9.04%
500 SPELL$0.5502$0.6050
-9.04%
1000 SPELL$1.1$1.21
-9.04%

Today vs. 1 month ago

Amount16:19 today1 month ago1M change
0.5 SPELL$0.0005502$0.0004302
+27.79%
1 SPELL$0.001100$0.0008605
+27.79%
5 SPELL$0.005502$0.004302
+27.79%
10 SPELL$0.01100$0.008605
+27.79%
50 SPELL$0.05502$0.04302
+27.79%
100 SPELL$0.1100$0.08605
+27.79%
500 SPELL$0.5502$0.4302
+27.79%
1000 SPELL$1.1$0.8605
+27.79%
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Today vs. 1 year ago

Amount16:19 today1 year ago1Y change
0.5 SPELL$0.0005502$0.0002883
+90.42%
1 SPELL$0.001100$0.0005765
+90.42%
5 SPELL$0.005502$0.002883
+90.42%
10 SPELL$0.01100$0.005765
+90.42%
50 SPELL$0.05502$0.02883
+90.42%
100 SPELL$0.1100$0.05765
+90.42%
500 SPELL$0.5502$0.2883
+90.42%
1000 SPELL$1.1$0.5765
+90.42%

Spell Token price prediction

What will the price of SPELL be in 2025?

Based on SPELL's historical price performance prediction model, the price of SPELL is projected to reach $0.001188 in 2025.

What will the price of SPELL be in 2030?

In 2030, the SPELL price is expected to rise by -10.00%. By the end of 2030, the SPELL price is projected to reach $0.001540, with a cumulative ROI of +39.95%.
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Buy Spell Token for 1 MMK
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Spell Token and MMK.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Spell Token and MMK. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Spell Token in MMK, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.