RAFT
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 Raft(RAFT) to Myanma Kyat(MMK). This is the real-time data. The current conversion shows 1 RAFT at a value of 1 RAFT for 0.88 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 Raft currency pair is the RAFT to MMK, with for Raft's currency code being RAFT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.
RAFT to MMK conversion rate trend
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In the past 1D, Raft has changed +3.17% to MMK. Based on the trend and price charts, Raft(RAFT) has changed +3.17% to MMK while Myanma Kyat(MMK) has changed % to RAFT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Ks0.8836 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Ks0.8410 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/15 08:00:11(UTC+0)
How to buy Raft
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Buy Raft (RAFT)
Use a variety of payment options to buy Raft on Bitget. We'll show you how.
Buy RAFT (or USDT) for MMK (Myanma Kyat) offers
Bitget P2P trading does not currently support direct buying of RAFT with MMK. However, you can buy USDT in Bitget P2P trading first, and then buy RAFT 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 RAFT (or USDT) for MMK (Myanma Kyat) offers
Bitget P2P trading currently does not support direct selling of RAFT to MMK. However, you can first exchange RAFT 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 Raft to Myanma Kyat?
Raft to Myanma Kyat is rising this week.Raft's current market price is Ks 0.8836 per RAFT, with a total market cap of Ks 0 MMK based on a circulating supply of -- RAFT. The trading volume of Raft has changed by -83.22% (Ks -1,046,669.02 MMK) in the last 24 hours. Last trading day, RAFT's trading volume was Ks 1,257,704.25.
Market cap
$0
24h volume
$100.37563088
Circulating supply
0 RAFT
Conversion tables
The exchange rate of Raft is increasing.1 RAFT is currently valued at Ks 0.8836 MMK , which means buying 5 RAFT will cost Ks 4.42 MMK . Similarly, Ks1 MMK can be traded for 1.13 RAFT, and Ks50 MMK can be converted to 56.59 RAFT, excluding any platform or gas fees.
The exchange rate of 1 RAFT to Myanma Kyat has changed by +13.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.17%, reaching a high of 0.8995 MMK and a low of 0.8379 MMK . One month ago, the value of 1 RAFT was Ks 0.5918 MMK , which represents a +49.29% change from its current value. Over the last year, Raft has changed by , resulting in a change of -87.74% in its value.
-Ks
6.32MMKRAFT to MMK
Amount
10:41 am today
0.5 RAFT
Ks0.4418
1 RAFT
Ks0.8836
5 RAFT
Ks4.42
10 RAFT
Ks8.84
50 RAFT
Ks44.18
100 RAFT
Ks88.36
500 RAFT
Ks441.79
1000 RAFT
Ks883.59
MMK to RAFT
Amount10:41 am today
0.5MMK0.5659 RAFT
1MMK1.13 RAFT
5MMK5.66 RAFT
10MMK11.32 RAFT
50MMK56.59 RAFT
100MMK113.17 RAFT
500MMK565.87 RAFT
1000MMK1,131.75 RAFT
Today vs. 24 hours ago
| Amount | 10:41 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAFT | $0.0002101 | $0.0002037 | +3.17% |
| 1 RAFT | $0.0004203 | $0.0004074 | +3.17% |
| 5 RAFT | $0.002101 | $0.002037 | +3.17% |
| 10 RAFT | $0.004203 | $0.004074 | +3.17% |
| 50 RAFT | $0.02101 | $0.02037 | +3.17% |
| 100 RAFT | $0.04203 | $0.04074 | +3.17% |
| 500 RAFT | $0.2101 | $0.2037 | +3.17% |
| 1000 RAFT | $0.4203 | $0.4074 | +3.17% |
Today vs. 1 month ago
| Amount | 10:41 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAFT | $0.0002101 | $0.0001407 | +49.29% |
| 1 RAFT | $0.0004203 | $0.0002815 | +49.29% |
| 5 RAFT | $0.002101 | $0.001407 | +49.29% |
| 10 RAFT | $0.004203 | $0.002815 | +49.29% |
| 50 RAFT | $0.02101 | $0.01407 | +49.29% |
| 100 RAFT | $0.04203 | $0.02815 | +49.29% |
| 500 RAFT | $0.2101 | $0.1407 | +49.29% |
| 1000 RAFT | $0.4203 | $0.2815 | +49.29% |
Today vs. 1 year ago
| Amount | 10:41 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAFT | $0.0002101 | $0.001714 | -87.74% |
| 1 RAFT | $0.0004203 | $0.003428 | -87.74% |
| 5 RAFT | $0.002101 | $0.01714 | -87.74% |
| 10 RAFT | $0.004203 | $0.03428 | -87.74% |
| 50 RAFT | $0.02101 | $0.1714 | -87.74% |
| 100 RAFT | $0.04203 | $0.3428 | -87.74% |
| 500 RAFT | $0.2101 | $1.71 | -87.74% |
| 1000 RAFT | $0.4203 | $3.43 | -87.74% |
Raft price prediction
What will the price of RAFT be in 2025?
Based on RAFT's historical price performance prediction model, the price of RAFT is projected to reach $0.0007737 in 2025.
What will the price of RAFT be in 2030?
In 2030, the RAFT price is expected to change by -4.00%. By the end of 2030, the RAFT price is projected to reach $0.0009607, with a cumulative ROI of +128.59%.
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Popular Raft conversions
Check out these popular currency conversions of Raft to several fiat currencies.
Raft to USD
1 RAFT to $ 0.0004203 USD
Raft to GBP
1 RAFT to £ 0.0003321 GBP
Raft to EUR
1 RAFT to € 0.0003979 EUR
Raft to KRW
1 RAFT to ₩ 0.5861 KRW
Raft to CAD
1 RAFT to $ 0.0005904 CAD
Raft to AUD
1 RAFT to $ 0.0006499 AUD
Raft to JPY
1 RAFT to ¥ 0.06530 JPY
Raft to BRL
1 RAFT to R$ 0.002439 BRL
Raft to CNY
1 RAFT to ¥ 0.003041 CNY
Raft to TWD
1 RAFT to NT$ 0.01365 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 Raft 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 Raft 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 Raft 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.
