SOC
MMK
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of socrates(SOC) to Myanma Kyat(MMK). This is the real-time data. The current conversion shows 1 SOC at a value of 1 SOC for 108.42 MMK . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
MMK 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 socrates currency pair is the SOC to MMK, with for socrates's currency code being SOC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.
SOC to MMK conversion rate trend
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In the past 1D, socrates has changed +26.96% to MMK. Based on the trend and price charts, socrates(SOC) has changed +26.96% to MMK while Myanma Kyat(MMK) has changed % to SOC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Ks108.64 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/16 16:31:55(UTC+0)
How to buy socrates
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Buy socrates (SOC)
Use a variety of payment options to buy socrates on Bitget. We'll show you how.
Buy SOC (or USDT) for MMK (Myanma Kyat) offers
Bitget P2P trading does not currently support direct buying of SOC with MMK. However, you can buy USDT in Bitget P2P trading first, and then buy SOC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell SOC (or USDT) for MMK (Myanma Kyat) offers
Bitget P2P trading currently does not support direct selling of SOC to MMK. However, you can first exchange SOC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of socrates to Myanma Kyat?
socrates to Myanma Kyat is rising this week.socrates's current market price is Ks 108.42 per SOC, with a total market cap of Ks 0 MMK based on a circulating supply of -- SOC. The trading volume of socrates has changed by +32.80% (Ks 509,705,204.51 MMK) in the last 24 hours. Last trading day, SOC's trading volume was Ks 1,554,168,814.82.
Market cap
$0
24h volume
$981.59K
Circulating supply
0 SOC
Conversion tables
The exchange rate of socrates is increasing.1 SOC is currently valued at Ks 108.42 MMK , which means buying 5 SOC will cost Ks 542.11 MMK . Similarly, Ks1 MMK can be traded for 0.009223 SOC, and Ks50 MMK can be converted to 0.4612 SOC, excluding any platform or gas fees.
The exchange rate of 1 SOC to Myanma Kyat has changed by +185.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by +26.96%, reaching a high of 109.07 MMK and a low of 84.81 MMK . One month ago, the value of 1 SOC was Ks -0.16 MMK , which represents a -88.11% change from its current value. Over the last year, socrates has changed by , resulting in a change of -92.85% in its value.
+Ks
108.58MMKSOC to MMK
Amount
18:04 today
0.5 SOC
Ks54.21
1 SOC
Ks108.42
5 SOC
Ks542.11
10 SOC
Ks1,084.22
50 SOC
Ks5,421.11
100 SOC
Ks10,842.23
500 SOC
Ks54,211.14
1000 SOC
Ks108,422.28
MMK to SOC
Amount18:04 today
0.5MMK0.004612 SOC
1MMK0.009223 SOC
5MMK0.04612 SOC
10MMK0.09223 SOC
50MMK0.4612 SOC
100MMK0.9223 SOC
500MMK4.61 SOC
1000MMK9.22 SOC
Today vs. 24 hours ago
| Amount | 18:04 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOC | $0.02578 | $0.02030 | +26.96% |
| 1 SOC | $0.05157 | $0.04060 | +26.96% |
| 5 SOC | $0.2578 | $0.2030 | +26.96% |
| 10 SOC | $0.5157 | $0.4060 | +26.96% |
| 50 SOC | $2.58 | $2.03 | +26.96% |
| 100 SOC | $5.16 | $4.06 | +26.96% |
| 500 SOC | $25.78 | $20.3 | +26.96% |
| 1000 SOC | $51.57 | $40.6 | +26.96% |
Today vs. 1 month ago
| Amount | 18:04 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOC | $0.02578 | $-0.{4}3799 | -88.11% |
| 1 SOC | $0.05157 | $-0.{4}7599 | -88.11% |
| 5 SOC | $0.2578 | $-0.0003799 | -88.11% |
| 10 SOC | $0.5157 | $-0.0007599 | -88.11% |
| 50 SOC | $2.58 | $-0.003799 | -88.11% |
| 100 SOC | $5.16 | $-0.007599 | -88.11% |
| 500 SOC | $25.78 | $-0.03799 | -88.11% |
| 1000 SOC | $51.57 | $-0.07599 | -88.11% |
Today vs. 1 year ago
| Amount | 18:04 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOC | $0.02578 | $-0.{4}3799 | -92.85% |
| 1 SOC | $0.05157 | $-0.{4}7599 | -92.85% |
| 5 SOC | $0.2578 | $-0.0003799 | -92.85% |
| 10 SOC | $0.5157 | $-0.0007599 | -92.85% |
| 50 SOC | $2.58 | $-0.003799 | -92.85% |
| 100 SOC | $5.16 | $-0.007599 | -92.85% |
| 500 SOC | $25.78 | $-0.03799 | -92.85% |
| 1000 SOC | $51.57 | $-0.07599 | -92.85% |
socrates price prediction
What will the price of SOC be in 2025?
Based on SOC's historical price performance prediction model, the price of SOC is projected to reach $0.09304 in 2025.
What will the price of SOC be in 2030?
In 2030, the SOC price is expected to change by -2.00%. By the end of 2030, the SOC price is projected to reach $0.1062, with a cumulative ROI of +221.42%.
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Popular socrates conversions
Check out these popular currency conversions of socrates to several fiat currencies.
socrates to USD
1 SOC to $ 0.05157 USD
socrates to GBP
1 SOC to £ 0.04087 GBP
socrates to EUR
1 SOC to € 0.04890 EUR
socrates to KRW
1 SOC to ₩ 71.98 KRW
socrates to CAD
1 SOC to $ 0.07271 CAD
socrates to AUD
1 SOC to $ 0.07981 AUD
socrates to JPY
1 SOC to ¥ 7.96 JPY
socrates to BRL
1 SOC to R$ 0.2989 BRL
socrates to CNY
1 SOC to ¥ 0.3732 CNY
socrates to TWD
1 SOC to NT$ 1.67 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between socrates and MMK.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as socrates and MMK. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of socrates in MMK, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
