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FPIS to MMK Converter and calculator

FPIS/MMK: 1 FPIS = 1,111.47 MMK. The price of converting 1 Frax Price Index Share (FPIS) to Myanma Kyat (MMK) is 1,111.47 MMK today.
FPIS
FPIS
MMK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FPIS to MMK real-time exchange rates, making it easy to convert Frax Price Index Share (FPIS) to Myanma Kyat (MMK). The conversion result is based on real-time data. The conversion result shows that 1 FPIS is currently valued at 1111.47 MMK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FPIS is currently valued at 1111.47 MMK, which means buying 5 FPIS would cost 5557.35 MMK. Similarly, Ks1 MMK can be converted to 0.0008997 FPIS, and Ks50 MMK can be converted to 0.004499 FPIS, excluding any platform or gas fees.

Convert FPIS to MMK

Convert MMK to FPIS

Frax Price Index Share
Myanma Kyat
10 FPIS
11,114.7  MMK
20 FPIS
22,229.4  MMK
50 FPIS
55,573.5  MMK
100 FPIS
111,147.01  MMK
200 FPIS
222,294.01  MMK
500 FPIS
555,735.03  MMK
1000 FPIS
1,111,470.06  MMK
5000 FPIS
5,557,350.28  MMK
10000 FPIS
11,114,700.55  MMK
In the table above, you'll find a comprehensive FPIS to MMK converter that shows the value of Frax Price Index Share in Myanma Kyat across commonly used conversion amounts. The list covers conversions from 1 FPIS to MMK, all the way up to 10000 FPIS, providing a clear view of their respective values.
Myanma Kyat
Frax Price Index Share
In the table above, you'll find a comprehensive MMK to FPIS converter that shows the value of Myanma Kyat in Frax Price Index Share across commonly used conversion amounts. The list covers conversions from 1 MMK to FPIS, all the way up to 100000 MMK, providing a clear view of their respective values.

FPIS to MMK chart

FPIS/MMK: 1 FPIS = 1,111.47 MMK; 2025/04/27 15:19:19
In the past 1D, Frax Price Index Share has changed +11.51% to MMK. Based on the trend and price charts, Frax Price Index Share(FPIS) has changed +11.51% to MMK while Myanma Kyat(MMK) has changed % to FPIS in the last 24 hours.
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FPIS to MMK conversion data: Volatility and price changes of Frax Price Index Share in MMK

The highest Frax Price Index Share price in MMK over the past 7 days was 1,115 MMK while the lowest Frax Price Index Share price in MMK over the past 7 days was 825.98 MMK. The relative change between the highs and lows in Frax Price Index Share price in MMK over the last 7 days indicates a volatility of %. You can view additional volatility data and FPIS 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
1,115 MMK
1,115 MMK
1,115 MMK
1,623.64 MMK
Low
996.77 MMK
825.98 MMK
674.17 MMK
674.17 MMK
Average
0 MMK
0 MMK
0 MMK
0 MMK
Volatility
%
%
%
%
Change
+11.51%
+22.93%
+13.46%
-30.15%

Frax Price Index Share information

FPIS to MMK market statistics

FPIS/MMK:
Ks1,111.47
FPIS 24h volume:
Ks18,050,519.63
FPIS market cap:
--
FPIS circulating supply:
0 FPIS

Current FPIS to MMK exchange rate

Frax Price Index Share to Myanma Kyat is rising this week.
Frax Price Index Share's current market price is Ks1,111.47 per FPIS, with a total market cap of Ks0 MMK based on a circulating supply of -- FPIS. The trading volume of Frax Price Index Share has changed by 0.00% (Ks0 MMK) in the last 24 hours. Last trading day, FPIS's trading volume was Ks18,050,519.63.

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

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How to convert FPIS to MMK

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FPIS to MMK Conversion tables

The exchange rate of Frax Price Index Share is increasing.
The exchange rate of 1 FPIS to Myanma Kyat has changed by +22.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.51%, reaching a high of 1,115 MMK and a low of 996.77 MMK . One month ago, the value of 1 FPIS was Ks979.62 MMK , which represents a +13.46% change from its current value. Over the last year, Frax Price Index Share has changed by
-Ks
1,182.13MMK
, resulting in a change of -51.54% in its value.
24 hours ago1 month ago1 year ago
Amount15:19 today24 hours ago24h change
0.5 FPISKs555.74Ks498.38
+11.51%
1 FPISKs1,111.47Ks996.77
+11.51%
5 FPISKs5,557.35Ks4,983.84
+11.51%
10 FPISKs11,114.7Ks9,967.68
+11.51%
50 FPISKs55,573.5Ks49,838.41
+11.51%
100 FPISKs111,147.01Ks99,676.82
+11.51%
500 FPISKs555,735.03Ks498,384.1
+11.51%
1000 FPISKs1,111,470.06Ks996,768.2
+11.51%

FPIS to MMK FAQ

How much is 1 Frax Price Index Share in MMK?
Right now, the price of 1 Frax Price Index Share (FPIS) in Myanma Kyat (MMK) is Ks1,111.47.
How much FPIS can I buy for 1 MMK?
Based on the current exchange rate, you can get 0.0008997 FPIS for 1 MMK.
How do I calculate or convert FPIS to MMK?
You can use our FPIS to MMK calculator at the top of this page to convert any amount of FPIS to MMK. We've also included quick-reference tables for the most popular conversions. For example, 5 MMK is equivalent to 0.004499 FPIS, while 5 FPIS will cost around 5,557.35MMK.
What is the highest price of FPIS/MMK in history?
The all-time high price of 1 FPIS in MMK is Ks29,793.91. It remains to be seen if the value of 1 FPIS/MMK will exceed the current all-time high.
What is the price trend of Frax Price Index Share in MMK?
Over the past 7 days, the exchange rate of Frax Price Index Share (FPIS) has gone up by 22.93%.   Over the last month, the exchange rate of Frax Price Index Share (FPIS) has gone up by 13.46% against Myanma Kyat (MMK).

What factors influence the conversion rate of FPIS to MMK?

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