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ELG to MMK Converter and calculator

ELG/MMK: 1 ELG = 564.43 MMK. The price of converting 1 EscoinToken (ELG) to Myanma Kyat (MMK) is 564.43 MMK today.
ELG
ELG
MMK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELG to MMK real-time exchange rates, making it easy to convert EscoinToken (ELG) to Myanma Kyat (MMK). The conversion result is based on real-time data. The conversion result shows that 1 ELG is currently valued at 564.43 MMK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELG is currently valued at 564.43 MMK, which means buying 5 ELG would cost 2822.17 MMK. Similarly, Ks1 MMK can be converted to 0.001772 ELG, and Ks50 MMK can be converted to 0.008858 ELG, excluding any platform or gas fees.

Convert ELG to MMK

Convert MMK to ELG

EscoinToken
Myanma Kyat
20 ELG
11,288.67  MMK
50 ELG
28,221.68  MMK
100 ELG
56,443.36  MMK
200 ELG
112,886.72  MMK
500 ELG
282,216.8  MMK
1000 ELG
564,433.6  MMK
5000 ELG
2,822,168  MMK
10000 ELG
5,644,336  MMK
In the table above, you'll find a comprehensive ELG to MMK converter that shows the value of EscoinToken in Myanma Kyat across commonly used conversion amounts. The list covers conversions from 1 ELG to MMK, all the way up to 10000 ELG, providing a clear view of their respective values.
Myanma Kyat
EscoinToken
In the table above, you'll find a comprehensive MMK to ELG converter that shows the value of Myanma Kyat in EscoinToken across commonly used conversion amounts. The list covers conversions from 1 MMK to ELG, all the way up to 100000 MMK, providing a clear view of their respective values.

ELG to MMK chart

ELG/MMK: 1 ELG = 564.43 MMK; 2025/04/26 16:27:53
In the past 1D, EscoinToken has changed -1.05% to MMK. Based on the trend and price charts, EscoinToken(ELG) has changed -1.05% to MMK while Myanma Kyat(MMK) has changed % to ELG in the last 24 hours.
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ELG to MMK conversion data: Volatility and price changes of EscoinToken in MMK

The highest EscoinToken price in MMK over the past 7 days was 605.39 MMK while the lowest EscoinToken price in MMK over the past 7 days was 547.37 MMK. The relative change between the highs and lows in EscoinToken price in MMK over the last 7 days indicates a volatility of %. You can view additional volatility data and ELG to MMK prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
571.71 MMK
605.39 MMK
605.39 MMK
685.02 MMK
Low
558.88 MMK
547.37 MMK
305.43 MMK
138.21 MMK
Average
0 MMK
0 MMK
0 MMK
0 MMK
Volatility
%
%
%
%
Change
-1.05%
-3.18%
+58.89%
-15.92%

EscoinToken information

ELG to MMK market statistics

ELG/MMK:
Ks564.43
ELG 24h volume:
Ks642,644,107.3
ELG market cap:
Ks88,693,539,729.97
ELG circulating supply:
157.14M ELG

Current ELG to MMK exchange rate

EscoinToken to Myanma Kyat is falling this week.
EscoinToken's current market price is Ks564.43 per ELG, with a total market cap of Ks88,693,539,729.97 MMK based on a circulating supply of 157,137,250 ELG. The trading volume of EscoinToken has changed by -32.12% (Ks-304,042,653.55 MMK) in the last 24 hours. Last trading day, ELG's trading volume was Ks946,686,760.84.

More info about EscoinToken on Bitget

Myanma Kyat 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.

Bitget crypto-to-fiat exchange data shows that the most popular EscoinToken currency pair is the ELG to MMK, with for EscoinToken's currency code being ELG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

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How to convert ELG to MMK

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Convert ELG to MMK
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1 ELG to Ks564.43 MMK
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ELG to MMK Conversion tables

The exchange rate of EscoinToken is increasing.
The exchange rate of 1 ELG to Myanma Kyat has changed by -3.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.05%, reaching a high of 571.71 MMK and a low of 558.88 MMK . One month ago, the value of 1 ELG was Ks355.24 MMK , which represents a +58.89% change from its current value. Over the last year, EscoinToken has changed by
-Ks
1,902.15MMK
, resulting in a change of -77.12% in its value.
24 hours ago1 month ago1 year ago
Amount16:27 today24 hours ago24h change
0.5 ELGKs282.22Ks285.2
-1.05%
1 ELGKs564.43Ks570.4
-1.05%
5 ELGKs2,822.17Ks2,851.98
-1.05%
10 ELGKs5,644.34Ks5,703.96
-1.05%
50 ELGKs28,221.68Ks28,519.79
-1.05%
100 ELGKs56,443.36Ks57,039.57
-1.05%
500 ELGKs282,216.8Ks285,197.86
-1.05%
1000 ELGKs564,433.6Ks570,395.71
-1.05%

ELG to MMK FAQ

How much is 1 EscoinToken in MMK?
Right now, the price of 1 EscoinToken (ELG) in Myanma Kyat (MMK) is Ks564.43.
How much ELG can I buy for 1 MMK?
Based on the current exchange rate, you can get 0.001772 ELG for 1 MMK.
How do I calculate or convert ELG to MMK?
You can use our ELG to MMK calculator at the top of this page to convert any amount of ELG to MMK. We've also included quick-reference tables for the most popular conversions. For example, 5 MMK is equivalent to 0.008858 ELG, while 5 ELG will cost around 2,822.17MMK.
What is the highest price of ELG/MMK in history?
The all-time high price of 1 ELG in MMK is Ks7,580.77. It remains to be seen if the value of 1 ELG/MMK will exceed the current all-time high.
What is the price trend of EscoinToken in MMK?
Over the past 7 days, the exchange rate of EscoinToken (ELG) has gone down by 3.18%.   Over the last month, the exchange rate of EscoinToken (ELG) has gone up by 58.89% against Myanma Kyat (MMK).

What factors influence the conversion rate of ELG to MMK?

There are many factors that affect the relationship between EscoinToken and Myanma Kyat, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of ELG/MMK. When there is positive news in the market about the widespread adoption of ELG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ELG/MMK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ELG/MMK.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of ELG/MMK. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of EscoinToken and adjust their investment strategies accordingly in the evolving market.

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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.