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Swarm Markets to Myanma Kyat Converter and calculator

Convert 1Swarm Markets (SMT) to Myanma Kyat (MMK) equals Ks 649.59 | 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 Swarm Markets(SMT) to Myanma Kyat(MMK). This is the real-time data. The current conversion shows 1 SMT at a value of 1 SMT for 649.59 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 Swarm Markets currency pair is the SMT to MMK, with for Swarm Markets's currency code being SMT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

SMT to MMK conversion rate trend

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In the past 1D, Swarm Markets has changed -4.91% to MMK. Based on the trend and price charts, Swarm Markets(SMT) has changed -4.91% to MMK while Myanma Kyat(MMK) has changed % to SMT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks677.22
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
Ks672.71
0.1000% / 0.1000%
Yes
Last updated 2024/12/18 00:00:21(UTC+0)

How to buy Swarm Markets

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Swarm Markets (SMT)
Use a variety of payment options to buy Swarm Markets on Bitget. We'll show you how.

Buy SMT (or USDT) for MMK (Myanma Kyat) offers

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

Bitget P2P trading currently does not support direct selling of SMT to MMK. However, you can first exchange SMT 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
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What factors influence the conversion rate of Swarm Markets to Myanma Kyat?

Swarm Markets to Myanma Kyat is falling this week.
Swarm Markets's current market price is Ks 649.59 per SMT, with a total market cap of Ks 54,526,229,676.72 MMK based on a circulating supply of 83,939,496 SMT. The trading volume of Swarm Markets has changed by -26.12% (Ks -352,474,125.31 MMK) in the last 24 hours. Last trading day, SMT's trading volume was Ks 1,349,472,519.69.
Market cap
$25.94M
24h volume
$474.26K
Circulating supply
83.94M SMT

Conversion tables

The exchange rate of Swarm Markets is increasing.
1 SMT is currently valued at Ks 649.59 MMK , which means buying 5 SMT will cost Ks 3,247.95 MMK . Similarly, Ks1 MMK can be traded for 0.001539 SMT, and Ks50 MMK can be converted to 0.07697 SMT, excluding any platform or gas fees.
The exchange rate of 1 SMT to Myanma Kyat has changed by -7.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.91%, reaching a high of 702.77 MMK and a low of 647.92 MMK . One month ago, the value of 1 SMT was Ks 436.92 MMK , which represents a +48.67% change from its current value. Over the last year, Swarm Markets has changed by
+Ks
29.67MMK
, resulting in a change of +4.79% in its value.

SMT to MMK

Amount
07:06 am today
0.5 SMT
Ks324.79
1 SMT
Ks649.59
5 SMT
Ks3,247.95
10 SMT
Ks6,495.9
50 SMT
Ks32,479.49
100 SMT
Ks64,958.97
500 SMT
Ks324,794.85
1000 SMT
Ks649,589.7

MMK to SMT

Amount07:06 am today
0.5MMK0.0007697  SMT
1MMK0.001539  SMT
5MMK0.007697  SMT
10MMK0.01539  SMT
50MMK0.07697  SMT
100MMK0.1539  SMT
500MMK0.7697  SMT
1000MMK1.54  SMT

Today vs. 24 hours ago

Amount07:06 am today24 hours ago24h change
0.5 SMT$0.1545$0.1625
-4.91%
1 SMT$0.3090$0.3250
-4.91%
5 SMT$1.55$1.62
-4.91%
10 SMT$3.09$3.25
-4.91%
50 SMT$15.45$16.25
-4.91%
100 SMT$30.9$32.5
-4.91%
500 SMT$154.5$162.48
-4.91%
1000 SMT$309$324.97
-4.91%

Today vs. 1 month ago

Amount07:06 am today1 month ago1M change
0.5 SMT$0.1545$0.1039
+48.67%
1 SMT$0.3090$0.2078
+48.67%
5 SMT$1.55$1.04
+48.67%
10 SMT$3.09$2.08
+48.67%
50 SMT$15.45$10.39
+48.67%
100 SMT$30.9$20.78
+48.67%
500 SMT$154.5$103.92
+48.67%
1000 SMT$309$207.84
+48.67%

Today vs. 1 year ago

Amount07:06 am today1 year ago1Y change
0.5 SMT$0.1545$0.1474
+4.79%
1 SMT$0.3090$0.2949
+4.79%
5 SMT$1.55$1.47
+4.79%
10 SMT$3.09$2.95
+4.79%
50 SMT$15.45$14.74
+4.79%
100 SMT$30.9$29.49
+4.79%
500 SMT$154.5$147.44
+4.79%
1000 SMT$309$294.88
+4.79%

Swarm Markets price prediction

What will the price of SMT be in 2025?

Based on SMT's historical price performance prediction model, the price of SMT is projected to reach $0.5033 in 2025.

What will the price of SMT be in 2030?

In 2030, the SMT price is expected to change by -1.00%. By the end of 2030, the SMT price is projected to reach $0.4918, with a cumulative ROI of +35.41%.

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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 Swarm Markets 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 Swarm Markets 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 Swarm Markets 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.