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FPI to MMK Converter and calculator

FPI/MMK: 1 FPI = 2,384.8 MMK. The price of converting 1 Frax Price Index (FPI) to Myanma Kyat (MMK) is 2,384.8 MMK today.
FPI
FPI
MMK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FPI to MMK real-time exchange rates, making it easy to convert Frax Price Index (FPI) to Myanma Kyat (MMK). The conversion result is based on real-time data. The conversion result shows that 1 FPI is currently valued at 2384.80 MMK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FPI is currently valued at 2384.80 MMK, which means buying 5 FPI would cost 11924.02 MMK. Similarly, Ks1 MMK can be converted to 0.0004193 FPI, and Ks50 MMK can be converted to 0.002097 FPI, excluding any platform or gas fees.

Convert FPI to MMK

Convert MMK to FPI

Frax Price Index
Myanma Kyat
10 FPI
23,848.03  MMK
20 FPI
47,696.06  MMK
50 FPI
119,240.16  MMK
100 FPI
238,480.32  MMK
200 FPI
476,960.63  MMK
500 FPI
1,192,401.58  MMK
1000 FPI
2,384,803.16  MMK
5000 FPI
11,924,015.79  MMK
10000 FPI
23,848,031.57  MMK
In the table above, you'll find a comprehensive FPI to MMK converter that shows the value of Frax Price Index in Myanma Kyat across commonly used conversion amounts. The list covers conversions from 1 FPI to MMK, all the way up to 10000 FPI, providing a clear view of their respective values.
Myanma Kyat
Frax Price Index
In the table above, you'll find a comprehensive MMK to FPI converter that shows the value of Myanma Kyat in Frax Price Index across commonly used conversion amounts. The list covers conversions from 1 MMK to FPI, all the way up to 100000 MMK, providing a clear view of their respective values.

FPI to MMK chart

FPI/MMK: 1 FPI = 2,384.8 MMK; 2025/04/28 20:17:12
In the past 1D, Frax Price Index has changed +0.01% to MMK. Based on the trend and price charts, Frax Price Index(FPI) has changed +0.01% to MMK while Myanma Kyat(MMK) has changed % to FPI in the last 24 hours.
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FPI to MMK conversion data: Volatility and price changes of Frax Price Index in MMK

The highest Frax Price Index price in MMK over the past 7 days was 2,387.08 MMK while the lowest Frax Price Index price in MMK over the past 7 days was 2,382.11 MMK. The relative change between the highs and lows in Frax Price Index price in MMK over the last 7 days indicates a volatility of %. You can view additional volatility data and FPI 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
2,387.08 MMK
2,387.08 MMK
2,387.08 MMK
2,387.08 MMK
Low
2,383.91 MMK
2,382.11 MMK
2,381.36 MMK
2,361.7 MMK
Average
0 MMK
0 MMK
0 MMK
0 MMK
Volatility
%
%
%
%
Change
+0.01%
+0.00%
+0.09%
+0.95%

Frax Price Index information

FPI to MMK market statistics

FPI/MMK:
Ks2,384.8
FPI 24h volume:
--
FPI market cap:
--
FPI circulating supply:
0 FPI

Current FPI to MMK exchange rate

Frax Price Index to Myanma Kyat is rising this week.
Frax Price Index's current market price is Ks2,384.8 per FPI, with a total market cap of Ks0 MMK based on a circulating supply of -- FPI. The trading volume of Frax Price Index has changed by 0.00% (Ks0 MMK) in the last 24 hours. Last trading day, FPI's trading volume was Ks0.

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

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How to convert FPI to MMK

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1 FPI to Ks2,384.8 MMK
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FPI to MMK Conversion tables

The exchange rate of Frax Price Index is increasing.
The exchange rate of 1 FPI to Myanma Kyat has changed by +0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.01%, reaching a high of 2,387.08 MMK and a low of 2,383.91 MMK . One month ago, the value of 1 FPI was Ks2,382.57 MMK , which represents a +0.09% change from its current value. Over the last year, Frax Price Index has changed by
+Ks
56.74MMK
, resulting in a change of +2.44% in its value.
24 hours ago1 month ago1 year ago
Amount20:17 today24 hours ago24h change
0.5 FPIKs1,192.4Ks1,192.34
+0.01%
1 FPIKs2,384.8Ks2,384.68
+0.01%
5 FPIKs11,924.02Ks11,923.39
+0.01%
10 FPIKs23,848.03Ks23,846.79
+0.01%
50 FPIKs119,240.16Ks119,233.94
+0.01%
100 FPIKs238,480.32Ks238,467.87
+0.01%
500 FPIKs1,192,401.58Ks1,192,339.37
+0.01%
1000 FPIKs2,384,803.16Ks2,384,678.73
+0.01%

FPI to MMK FAQ

How much is 1 Frax Price Index in MMK?
Right now, the price of 1 Frax Price Index (FPI) in Myanma Kyat (MMK) is Ks2,384.8.
How much FPI can I buy for 1 MMK?
Based on the current exchange rate, you can get 0.0004193 FPI for 1 MMK.
How do I calculate or convert FPI to MMK?
You can use our FPI to MMK calculator at the top of this page to convert any amount of FPI to MMK. We've also included quick-reference tables for the most popular conversions. For example, 5 MMK is equivalent to 0.002097 FPI, while 5 FPI will cost around 11,924.02MMK.
What is the highest price of FPI/MMK in history?
The all-time high price of 1 FPI in MMK is Ks2,731.74. It remains to be seen if the value of 1 FPI/MMK will exceed the current all-time high.
What is the price trend of Frax Price Index in MMK?
Over the past 7 days, the exchange rate of Frax Price Index (FPI) has gone up by 0.00%.   Over the last month, the exchange rate of Frax Price Index (FPI) has gone up by 0.09% against Myanma Kyat (MMK).

What factors influence the conversion rate of FPI to MMK?

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