


MKD 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.
SWISE to MKD conversion rate trend
SWISE to MKD market statistics
More info about StakeWise on Bitget
Current SWISE to MKD exchange rate
StakeWise to Myanma Kyat is rising this week.SWISE to MKD Conversion tables
The exchange rate of StakeWise is increasing.SWISE to MKD
MKD to SWISE
SWISE to MKD Today vs. 24 hours ago
Amount | 23:08 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SWISE | ден0.2844 | ден0.2940 | -3.25% |
1 SWISE | ден0.5689 | ден0.5880 | -3.25% |
5 SWISE | ден2.84 | ден2.94 | -3.25% |
10 SWISE | ден5.69 | ден5.88 | -3.25% |
50 SWISE | ден28.44 | ден29.4 | -3.25% |
100 SWISE | ден56.89 | ден58.8 | -3.25% |
500 SWISE | ден284.44 | ден293.99 | -3.25% |
1000 SWISE | ден568.88 | ден587.97 | -3.25% |
SWISE to MKD Today vs. 1 month ago
Amount | 23:08 today | 1 month ago | 1M change |
---|---|---|---|
0.5 SWISE | ден0.2844 | ден0.2715 | +4.76% |
1 SWISE | ден0.5689 | ден0.5430 | +4.76% |
5 SWISE | ден2.84 | ден2.72 | +4.76% |
10 SWISE | ден5.69 | ден5.43 | +4.76% |
50 SWISE | ден28.44 | ден27.15 | +4.76% |
100 SWISE | ден56.89 | ден54.3 | +4.76% |
500 SWISE | ден284.44 | ден271.52 | +4.76% |
1000 SWISE | ден568.88 | ден543.05 | +4.76% |
SWISE to MKD Today vs. 1 year ago
Amount | 23:08 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 SWISE | ден0.2844 | ден0.7641 | -62.77% |
1 SWISE | ден0.5689 | ден1.53 | -62.77% |
5 SWISE | ден2.84 | ден7.64 | -62.77% |
10 SWISE | ден5.69 | ден15.28 | -62.77% |
50 SWISE | ден28.44 | ден76.41 | -62.77% |
100 SWISE | ден56.89 | ден152.82 | -62.77% |
500 SWISE | ден284.44 | ден764.1 | -62.77% |
1000 SWISE | ден568.88 | ден1,528.2 | -62.77% |
How to convert SWISE to MKD



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