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OPIUM to MMK Converter and calculator

OPIUM/MMK: 1 OPIUM = 58.97 MMK. The price of converting 1 Opium (OPIUM) to Myanma Kyat (MMK) is 58.97 MMK today.
OPIUM
OPIUM
MMK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OPIUM to MMK real-time exchange rates, making it easy to convert Opium (OPIUM) to Myanma Kyat (MMK). The conversion result is based on real-time data. The conversion result shows that 1 OPIUM is currently valued at 58.97 MMK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OPIUM is currently valued at 58.97 MMK, which means buying 5 OPIUM would cost 294.83 MMK. Similarly, Ks1 MMK can be converted to 0.01696 OPIUM, and Ks50 MMK can be converted to 0.08479 OPIUM, excluding any platform or gas fees.

Convert OPIUM to MMK

Convert MMK to OPIUM

Opium
Myanma Kyat
20 OPIUM
1,179.33  MMK
50 OPIUM
2,948.31  MMK
100 OPIUM
5,896.63  MMK
200 OPIUM
11,793.25  MMK
500 OPIUM
29,483.14  MMK
1000 OPIUM
58,966.27  MMK
5000 OPIUM
294,831.36  MMK
10000 OPIUM
589,662.72  MMK
In the table above, you'll find a comprehensive OPIUM to MMK converter that shows the value of Opium in Myanma Kyat across commonly used conversion amounts. The list covers conversions from 1 OPIUM to MMK, all the way up to 10000 OPIUM, providing a clear view of their respective values.
Myanma Kyat
Opium
100000 MMK
1,695.88 OPIUM
In the table above, you'll find a comprehensive MMK to OPIUM converter that shows the value of Myanma Kyat in Opium across commonly used conversion amounts. The list covers conversions from 1 MMK to OPIUM, all the way up to 100000 MMK, providing a clear view of their respective values.

OPIUM to MMK chart

OPIUM/MMK: 1 OPIUM = 58.97 MMK; 2025/05/03 16:41:05
In the past 1D, Opium has changed +1.62% to MMK. Based on the trend and price charts, Opium(OPIUM) has changed +1.62% to MMK while Myanma Kyat(MMK) has changed % to OPIUM in the last 24 hours.
1D7D1M3M1YAll

OPIUM to MMK conversion data: Volatility and price changes of Opium in MMK

The highest Opium price in MMK over the past 7 days was 59.84 MMK while the lowest Opium price in MMK over the past 7 days was 56.71 MMK. The relative change between the highs and lows in Opium price in MMK over the last 7 days indicates a volatility of %. You can view additional volatility data and OPIUM 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
59.8 MMK
59.84 MMK
63.36 MMK
113.26 MMK
Low
57.68 MMK
56.71 MMK
45.46 MMK
45.46 MMK
Average
0 MMK
0 MMK
0 MMK
0 MMK
Volatility
%
%
%
%
Change
+1.62%
-1.99%
+3.80%
-48.08%

Opium information

OPIUM to MMK market statistics

OPIUM/MMK:
Ks58.97
OPIUM 24h volume:
Ks155,936.34
OPIUM market cap:
Ks245,370,694.77
OPIUM circulating supply:
4.16M OPIUM

Current OPIUM to MMK exchange rate

Opium to Myanma Kyat is falling this week.
Opium's current market price is Ks58.97 per OPIUM, with a total market cap of Ks245,370,694.77 MMK based on a circulating supply of 4,161,204 OPIUM. The trading volume of Opium has changed by -1.75% (Ks-2,782.50 MMK) in the last 24 hours. Last trading day, OPIUM's trading volume was Ks158,718.84.

More info about Opium 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 Opium currency pair is the OPIUM to MMK, with for Opium's currency code being OPIUM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

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How to convert OPIUM to MMK

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1 OPIUM to Ks58.97 MMK
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OPIUM to MMK Conversion tables

The exchange rate of Opium is increasing.
The exchange rate of 1 OPIUM to Myanma Kyat has changed by -1.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.62%, reaching a high of 59.8 MMK and a low of 57.68 MMK . One month ago, the value of 1 OPIUM was Ks56.81 MMK , which represents a +3.80% change from its current value. Over the last year, Opium has changed by
-Ks
189.22MMK
, resulting in a change of -76.27% in its value.
24 hours ago1 month ago1 year ago
Amount16:41 today24 hours ago24h change
0.5 OPIUMKs29.48Ks29.01
+1.62%
1 OPIUMKs58.97Ks58.03
+1.62%
5 OPIUMKs294.83Ks290.13
+1.62%
10 OPIUMKs589.66Ks580.25
+1.62%
50 OPIUMKs2,948.31Ks2,901.27
+1.62%
100 OPIUMKs5,896.63Ks5,802.54
+1.62%
500 OPIUMKs29,483.14Ks29,012.7
+1.62%
1000 OPIUMKs58,966.27Ks58,025.41
+1.62%

OPIUM to MMK FAQ

How much is 1 Opium in MMK?
Right now, the price of 1 Opium (OPIUM) in Myanma Kyat (MMK) is Ks58.97.
How much OPIUM can I buy for 1 MMK?
Based on the current exchange rate, you can get 0.01696 OPIUM for 1 MMK.
How do I calculate or convert OPIUM to MMK?
You can use our OPIUM to MMK calculator at the top of this page to convert any amount of OPIUM to MMK. We've also included quick-reference tables for the most popular conversions. For example, 5 MMK is equivalent to 0.08479 OPIUM, while 5 OPIUM will cost around 294.83MMK.
What is the highest price of OPIUM/MMK in history?
The all-time high price of 1 OPIUM in MMK is Ks44,094.73. It remains to be seen if the value of 1 OPIUM/MMK will exceed the current all-time high.
What is the price trend of Opium in MMK?
Over the past 7 days, the exchange rate of Opium (OPIUM) has gone down by 1.99%.   Over the last month, the exchange rate of Opium (OPIUM) has gone up by 3.80% against Myanma Kyat (MMK).

What factors influence the conversion rate of OPIUM to MMK?

There are many factors that affect the relationship between Opium 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 OPIUM/MMK. When there is positive news in the market about the widespread adoption of OPIUM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OPIUM/MMK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OPIUM/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 OPIUM/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 Opium 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.