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Smoothy to Myanma Kyat Converter and calculator

Convert 1Smoothy (SMTY) to Myanma Kyat (MMK) equals Ks 7.16 | 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 Smoothy(SMTY) to Myanma Kyat(MMK). This is the real-time data. The current conversion shows 1 SMTY at a value of 1 SMTY for 7.16 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 Smoothy currency pair is the SMTY to MMK, with for Smoothy's currency code being SMTY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

SMTY to MMK conversion rate trend

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In the past 1D, Smoothy has changed -1.20% to MMK. Based on the trend and price charts, Smoothy(SMTY) has changed -1.20% to MMK while Myanma Kyat(MMK) has changed % to SMTY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks7.18
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
Ks6.72
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 08:00:17(UTC+0)

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Buy Smoothy (SMTY)
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Buy SMTY (or USDT) for MMK (Myanma Kyat) offers

Bitget P2P trading does not currently support direct buying of SMTY with MMK. However, you can buy USDT in Bitget P2P trading first, and then buy SMTY with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell SMTY (or USDT) for MMK (Myanma Kyat) offers

Bitget P2P trading currently does not support direct selling of SMTY to MMK. However, you can first exchange SMTY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Smoothy to Myanma Kyat?

Smoothy to Myanma Kyat is falling this week.
Smoothy's current market price is Ks 7.16 per SMTY, with a total market cap of Ks 36,447,474.7 MMK based on a circulating supply of 5,089,773 SMTY. The trading volume of Smoothy has changed by +3.44% (Ks 19,602,289.07 MMK) in the last 24 hours. Last trading day, SMTY's trading volume was Ks 569,188,683.55.
Market cap
$17.39K
24h volume
$280.98K
Circulating supply
5.09M SMTY

Conversion tables

The exchange rate of Smoothy is increasing.
1 SMTY is currently valued at Ks 7.16 MMK , which means buying 5 SMTY will cost Ks 35.8 MMK . Similarly, Ks1 MMK can be traded for 0.1396 SMTY, and Ks50 MMK can be converted to 6.98 SMTY, excluding any platform or gas fees.
The exchange rate of 1 SMTY to Myanma Kyat has changed by -6.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.20%, reaching a high of 7.29 MMK and a low of 7.13 MMK . One month ago, the value of 1 SMTY was Ks 6.32 MMK , which represents a +13.31% change from its current value. Over the last year, Smoothy has changed by
-Ks
1.59MMK
, resulting in a change of -18.18% in its value.

SMTY to MMK

Amount
14:23 today
0.5 SMTY
Ks3.58
1 SMTY
Ks7.16
5 SMTY
Ks35.8
10 SMTY
Ks71.61
50 SMTY
Ks358.05
100 SMTY
Ks716.09
500 SMTY
Ks3,580.46
1000 SMTY
Ks7,160.92

MMK to SMTY

Amount14:23 today
0.5MMK0.06982  SMTY
1MMK0.1396  SMTY
5MMK0.6982  SMTY
10MMK1.4  SMTY
50MMK6.98  SMTY
100MMK13.96  SMTY
500MMK69.82  SMTY
1000MMK139.65  SMTY

Today vs. 24 hours ago

Amount14:23 today24 hours ago24h change
0.5 SMTY$0.001709$0.001729
-1.20%
1 SMTY$0.003417$0.003459
-1.20%
5 SMTY$0.01709$0.01729
-1.20%
10 SMTY$0.03417$0.03459
-1.20%
50 SMTY$0.1709$0.1729
-1.20%
100 SMTY$0.3417$0.3459
-1.20%
500 SMTY$1.71$1.73
-1.20%
1000 SMTY$3.42$3.46
-1.20%

Today vs. 1 month ago

Amount14:23 today1 month ago1M change
0.5 SMTY$0.001709$0.001508
+13.31%
1 SMTY$0.003417$0.003015
+13.31%
5 SMTY$0.01709$0.01508
+13.31%
10 SMTY$0.03417$0.03015
+13.31%
50 SMTY$0.1709$0.1508
+13.31%
100 SMTY$0.3417$0.3015
+13.31%
500 SMTY$1.71$1.51
+13.31%
1000 SMTY$3.42$3.02
+13.31%

Today vs. 1 year ago

Amount14:23 today1 year ago1Y change
0.5 SMTY$0.001709$0.002089
-18.18%
1 SMTY$0.003417$0.004177
-18.18%
5 SMTY$0.01709$0.02089
-18.18%
10 SMTY$0.03417$0.04177
-18.18%
50 SMTY$0.1709$0.2089
-18.18%
100 SMTY$0.3417$0.4177
-18.18%
500 SMTY$1.71$2.09
-18.18%
1000 SMTY$3.42$4.18
-18.18%

Smoothy price prediction

What will the price of SMTY be in 2025?

Based on SMTY's historical price performance prediction model, the price of SMTY is projected to reach $0.005139 in 2025.

What will the price of SMTY be in 2030?

In 2030, the SMTY price is expected to change by -18.00%. By the end of 2030, the SMTY price is projected to reach $0.005366, with a cumulative ROI of +54.19%.

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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 Smoothy 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 Smoothy 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 Smoothy 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.
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.