LGCY to MMK Converter and calculator


Conversion rates
Convert LGCY to MMK
Convert MMK to LGCY
LGCY to MMK chart
LGCY to MMK conversion data: Volatility and price changes of LGCY Network in MMK
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.001879 MMK | 0.002071 MMK | 0.002368 MMK | 0.002384 MMK |
Low | 0.001872 MMK | 0.001860 MMK | 0.001745 MMK | 0.0009456 MMK |
Average | 0 MMK | 0 MMK | 0 MMK | 0 MMK |
Volatility | % | % | % | % |
Change | -0.39% | +0.63% | +1.88% | +28.24% |
LGCY Network information
LGCY to MMK market statistics
Current LGCY to MMK exchange rate
LGCY Network to Myanma Kyat is rising this week.More info about LGCY Network 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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LGCY to MMK Conversion tables
Amount | 13:28 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LGCY | Ks0.0009359 | Ks0.0009395 | -0.39% |
1 LGCY | Ks0.001872 | Ks0.001879 | -0.39% |
5 LGCY | Ks0.009359 | Ks0.009395 | -0.39% |
10 LGCY | Ks0.01872 | Ks0.01879 | -0.39% |
50 LGCY | Ks0.09359 | Ks0.09395 | -0.39% |
100 LGCY | Ks0.1872 | Ks0.1879 | -0.39% |
500 LGCY | Ks0.9359 | Ks0.9395 | -0.39% |
1000 LGCY | Ks1.87 | Ks1.88 | -0.39% |
LGCY to MMK FAQ
What factors influence the conversion rate of LGCY to MMK?
Popular exchange rates — Crypto-to-Fiat converter
The price of LGCY Network in the US is $0.{6}8931 USD. Additionally, LGCY Network’s price is €0.{6}7732 EUR in the eurozone, £0.{6}6583 GBP in the UK, C$0.{5}1214 CAD in Canada, ₹0.{4}7691 INR in India, ₨0.0002527 PKR in Pakistan, R$0.{5}4955 BRL in Brazil, and more.
The most popular LGCY Network currency pair is the LGCY to Myanma Kyat(MMK). The price of 1 LGCY Network (LGCY) in Myanma Kyat (MMK) is Ks0.001872.
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