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$SPONGE to MMK Converter and calculator

$SPONGE/MMK: 1 $SPONGE = 0.7177 MMK. The price of converting 1 Sponge ($SPONGE) to Myanma Kyat (MMK) is 0.7177 MMK today.
$SPONGE
$SPONGE
MMK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides $SPONGE to MMK real-time exchange rates, making it easy to convert Sponge ($SPONGE) to Myanma Kyat (MMK). The conversion result is based on real-time data. The conversion result shows that 1 $SPONGE is currently valued at 0.72 MMK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 $SPONGE is currently valued at 0.72 MMK, which means buying 5 $SPONGE would cost 3.59 MMK. Similarly, Ks1 MMK can be converted to 1.39 $SPONGE, and Ks50 MMK can be converted to 6.97 $SPONGE, excluding any platform or gas fees.

Convert $SPONGE to MMK

Convert MMK to $SPONGE

Sponge
Myanma Kyat
1 $SPONGE
0.7177  MMK
20 $SPONGE
14.35  MMK
50 $SPONGE
35.88  MMK
100 $SPONGE
71.77  MMK
200 $SPONGE
143.54  MMK
500 $SPONGE
358.85  MMK
1000 $SPONGE
717.7  MMK
5000 $SPONGE
3,588.5  MMK
10000 $SPONGE
7,177  MMK
In the table above, you'll find a comprehensive $SPONGE to MMK converter that shows the value of Sponge in Myanma Kyat across commonly used conversion amounts. The list covers conversions from 1 $SPONGE to MMK, all the way up to 10000 $SPONGE, providing a clear view of their respective values.
Myanma Kyat
Sponge
1000 MMK
1,393.34 $SPONGE
2000 MMK
2,786.68 $SPONGE
5000 MMK
6,966.7 $SPONGE
10000 MMK
13,933.4 $SPONGE
50000 MMK
69,667.02 $SPONGE
100000 MMK
139,334.04 $SPONGE
In the table above, you'll find a comprehensive MMK to $SPONGE converter that shows the value of Myanma Kyat in Sponge across commonly used conversion amounts. The list covers conversions from 1 MMK to $SPONGE, all the way up to 100000 MMK, providing a clear view of their respective values.

$SPONGE to MMK chart

$SPONGE/MMK: 1 $SPONGE = 0.7177 MMK; 2025/04/29 22:17:19
In the past 1D, Sponge has changed -0.57% to MMK. Based on the trend and price charts, Sponge($SPONGE) has changed -0.57% to MMK while Myanma Kyat(MMK) has changed % to $SPONGE in the last 24 hours.
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$SPONGE to MMK conversion data: Volatility and price changes of Sponge in MMK

The highest Sponge price in MMK over the past 7 days was 0.7388 MMK while the lowest Sponge price in MMK over the past 7 days was 0.6841 MMK. The relative change between the highs and lows in Sponge price in MMK over the last 7 days indicates a volatility of %. You can view additional volatility data and $SPONGE 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
0.7470 MMK
0.7388 MMK
0.7549 MMK
0.7645 MMK
Low
0.7113 MMK
0.6841 MMK
0.6711 MMK
0.6357 MMK
Average
0 MMK
0 MMK
0 MMK
0 MMK
Volatility
%
%
%
%
Change
-0.57%
+0.58%
+1.55%
-3.35%

Sponge information

$SPONGE to MMK market statistics

$SPONGE/MMK:
Ks0.7177
$SPONGE 24h volume:
Ks191,058,737.56
$SPONGE market cap:
--
$SPONGE circulating supply:
0 $SPONGE

Current $SPONGE to MMK exchange rate

Sponge to Myanma Kyat is rising this week.
Sponge's current market price is Ks0.7177 per $SPONGE, with a total market cap of Ks0 MMK based on a circulating supply of -- $SPONGE. The trading volume of Sponge has changed by -2.68% (Ks-5,253,512.11 MMK) in the last 24 hours. Last trading day, $SPONGE's trading volume was Ks196,312,249.68.

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

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How to convert $SPONGE to MMK

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$SPONGE to MMK Conversion tables

The exchange rate of Sponge is increasing.
The exchange rate of 1 $SPONGE to Myanma Kyat has changed by +0.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.57%, reaching a high of 0.7470 MMK and a low of 0.7113 MMK . One month ago, the value of 1 $SPONGE was Ks0.7067 MMK , which represents a +1.55% change from its current value. Over the last year, Sponge has changed by
+Ks
0.5771MMK
, resulting in a change of +410.78% in its value.
24 hours ago1 month ago1 year ago
Amount22:17 today24 hours ago24h change
0.5 $SPONGEKs0.3588Ks0.3609
-0.57%
1 $SPONGEKs0.7177Ks0.7218
-0.57%
5 $SPONGEKs3.59Ks3.61
-0.57%
10 $SPONGEKs7.18Ks7.22
-0.57%
50 $SPONGEKs35.88Ks36.09
-0.57%
100 $SPONGEKs71.77Ks72.18
-0.57%
500 $SPONGEKs358.85Ks360.91
-0.57%
1000 $SPONGEKs717.7Ks721.82
-0.57%

$SPONGE to MMK FAQ

How much is 1 Sponge in MMK?
Right now, the price of 1 Sponge ($SPONGE) in Myanma Kyat (MMK) is Ks0.7177.
How much $SPONGE can I buy for 1 MMK?
Based on the current exchange rate, you can get 1.39 $SPONGE for 1 MMK.
How do I calculate or convert $SPONGE to MMK?
You can use our $SPONGE to MMK calculator at the top of this page to convert any amount of $SPONGE to MMK. We've also included quick-reference tables for the most popular conversions. For example, 5 MMK is equivalent to 6.97 $SPONGE, while 5 $SPONGE will cost around 3.59MMK.
What is the highest price of $SPONGE/MMK in history?
The all-time high price of 1 $SPONGE in MMK is Ks5.02. It remains to be seen if the value of 1 $SPONGE/MMK will exceed the current all-time high.
What is the price trend of Sponge in MMK?
Over the past 7 days, the exchange rate of Sponge ($SPONGE) has gone up by 0.58%.   Over the last month, the exchange rate of Sponge ($SPONGE) has gone up by 1.55% against Myanma Kyat (MMK).

What factors influence the conversion rate of $SPONGE to MMK?

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