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Hermes Protocol to Myanma Kyat Converter and calculator

Convert 1Hermes Protocol (HERMES) to Myanma Kyat (MMK) equals Ks 12.32 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Hermes Protocol(HERMES) to Myanma Kyat(MMK). This is the real-time data. The current conversion shows 1 HERMES at a value of 1 HERMES for 12.32 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Hermes Protocol currency pair is the HERMES to MMK, with for Hermes Protocol's currency code being HERMES. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

HERMES to MMK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Hermes Protocol has changed -5.06% to MMK. Based on the trend and price charts, Hermes Protocol(HERMES) has changed -5.06% to MMK while Myanma Kyat(MMK) has changed % to HERMES in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks12.46
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 00:32:59(UTC+0)

How to buy Hermes Protocol

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Buy Hermes Protocol (HERMES)
Use a variety of payment options to buy Hermes Protocol on Bitget. We'll show you how.

Buy HERMES (or USDT) for MMK (Myanma Kyat) offers

Bitget P2P trading does not currently support direct buying of HERMES with MMK. However, you can buy USDT in Bitget P2P trading first, and then buy HERMES with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell HERMES (or USDT) for MMK (Myanma Kyat) offers

Bitget P2P trading currently does not support direct selling of HERMES to MMK. However, you can first exchange HERMES for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Hermes Protocol to Myanma Kyat?

Hermes Protocol to Myanma Kyat is rising this week.
Hermes Protocol's current market price is Ks 12.32 per HERMES, with a total market cap of Ks 0 MMK based on a circulating supply of -- HERMES. The trading volume of Hermes Protocol has changed by +33.71% (Ks 5,935,498.63 MMK) in the last 24 hours. Last trading day, HERMES's trading volume was Ks 17,607,321.87.
Market cap
$0
24h volume
$11.23K
Circulating supply
0 HERMES

Conversion tables

The exchange rate of Hermes Protocol is increasing.
1 HERMES is currently valued at Ks 12.32 MMK , which means buying 5 HERMES will cost Ks 61.61 MMK . Similarly, Ks1 MMK can be traded for 0.08115 HERMES, and Ks50 MMK can be converted to 4.06 HERMES, excluding any platform or gas fees.
The exchange rate of 1 HERMES to Myanma Kyat has changed by +2321.36% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.06%, reaching a high of 13.61 MMK and a low of 7.51 MMK . One month ago, the value of 1 HERMES was Ks 0.1552 MMK , which represents a +7841.22% change from its current value. Over the last year, Hermes Protocol has changed by
-Ks
63.47MMK
, resulting in a change of -83.74% in its value.

HERMES to MMK

Amount
01:50 am today
0.5 HERMES
Ks6.16
1 HERMES
Ks12.32
5 HERMES
Ks61.61
10 HERMES
Ks123.22
50 HERMES
Ks616.12
100 HERMES
Ks1,232.24
500 HERMES
Ks6,161.2
1000 HERMES
Ks12,322.41

MMK to HERMES

Amount01:50 am today
0.5MMK0.04058  HERMES
1MMK0.08115  HERMES
5MMK0.4058  HERMES
10MMK0.8115  HERMES
50MMK4.06  HERMES
100MMK8.12  HERMES
500MMK40.58  HERMES
1000MMK81.15  HERMES

Today vs. 24 hours ago

Amount01:50 am today24 hours ago24h change
0.5 HERMES$0.002939$0.003096
-5.06%
1 HERMES$0.005878$0.006191
-5.06%
5 HERMES$0.02939$0.03096
-5.06%
10 HERMES$0.05878$0.06191
-5.06%
50 HERMES$0.2939$0.3096
-5.06%
100 HERMES$0.5878$0.6191
-5.06%
500 HERMES$2.94$3.1
-5.06%
1000 HERMES$5.88$6.19
-5.06%

Today vs. 1 month ago

Amount01:50 am today1 month ago1M change
0.5 HERMES$0.002939$0.{4}3701
+7841.22%
1 HERMES$0.005878$0.{4}7402
+7841.22%
5 HERMES$0.02939$0.0003701
+7841.22%
10 HERMES$0.05878$0.0007402
+7841.22%
50 HERMES$0.2939$0.003701
+7841.22%
100 HERMES$0.5878$0.007402
+7841.22%
500 HERMES$2.94$0.03701
+7841.22%
1000 HERMES$5.88$0.07402
+7841.22%

Today vs. 1 year ago

Amount01:50 am today1 year ago1Y change
0.5 HERMES$0.002939$0.01808
-83.74%
1 HERMES$0.005878$0.03615
-83.74%
5 HERMES$0.02939$0.1808
-83.74%
10 HERMES$0.05878$0.3615
-83.74%
50 HERMES$0.2939$1.81
-83.74%
100 HERMES$0.5878$3.62
-83.74%
500 HERMES$2.94$18.08
-83.74%
1000 HERMES$5.88$36.15
-83.74%

Hermes Protocol price prediction

What will the price of HERMES be in 2025?

Based on HERMES's historical price performance prediction model, the price of HERMES is projected to reach $0.01491 in 2025.

What will the price of HERMES be in 2030?

In 2030, the HERMES price is expected to change by +4.00%. By the end of 2030, the HERMES price is projected to reach $0.03269, with a cumulative ROI of +295.91%.

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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 Hermes Protocol 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 Hermes Protocol 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 Hermes Protocol 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.