LEO to MMK Converter and calculator


Conversion rates
Convert LEO to MMK
Convert MMK to LEO
LEO to MMK chart
LEO to MMK conversion data: Volatility and price changes of LEO in MMK
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.4662 MMK | 0.5937 MMK | 1.03 MMK | 1.03 MMK |
Low | 0.3353 MMK | 0.3343 MMK | 0.3145 MMK | 0.2295 MMK |
Average | 0 MMK | 0 MMK | 0 MMK | 0 MMK |
Volatility | % | % | % | % |
Change | -11.98% | +7.29% | -51.58% | +58.54% |
LEO information
LEO to MMK market statistics
Current LEO to MMK exchange rate
LEO to Myanma Kyat is rising this week.More info about LEO 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.
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LEO to MMK Conversion tables
Amount | 10:14 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LEO | Ks0.2081 | Ks0.2344 | -11.98% |
1 LEO | Ks0.4162 | Ks0.4688 | -11.98% |
5 LEO | Ks2.08 | Ks2.34 | -11.98% |
10 LEO | Ks4.16 | Ks4.69 | -11.98% |
50 LEO | Ks20.81 | Ks23.44 | -11.98% |
100 LEO | Ks41.62 | Ks46.88 | -11.98% |
500 LEO | Ks208.11 | Ks234.38 | -11.98% |
1000 LEO | Ks416.23 | Ks468.75 | -11.98% |
LEO to MMK FAQ
What factors influence the conversion rate of LEO to MMK?
Popular exchange rates — Crypto-to-Fiat converter
The price of LEO in the US is $0.0001986 USD. Additionally, LEO’s price is €0.0001719 EUR in the eurozone, £0.0001464 GBP in the UK, C$0.0002699 CAD in Canada, ₹0.01710 INR in India, ₨0.05619 PKR in Pakistan, R$0.001102 BRL in Brazil, and more.
The most popular LEO currency pair is the LEO to Myanma Kyat(MMK). The price of 1 LEO (LEO) in Myanma Kyat (MMK) is Ks0.4162.
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