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base info ShoeFy

ShoeFy to Myanma Kyat Converter and calculator

Convert 1ShoeFy (SHOE) to Myanma Kyat (MMK) equals Ks 3.3 | Bitget
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Last updated 2024/12/21 13:46:15 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of ShoeFy(SHOE) to Myanma Kyat(MMK). This is the real-time data. The current conversion shows 1 SHOE at a value of 1 SHOE for 3.30 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 ShoeFy currency pair is the SHOE to MMK, with for ShoeFy's currency code being SHOE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MMK.

SHOE to MMK conversion rate trend

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Live ShoeFy (SHOE) price chart
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In the past 1D, ShoeFy has changed +4.98% to MMK. Based on the trend and price charts, ShoeFy(SHOE) has changed +4.98% to MMK while Myanma Kyat(MMK) has changed -4.75% to SHOE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ks3.19
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
Ks3.19
0.1000% / 0.1000%
Yes
Last updated 2024/12/21 08:00:17(UTC+0)

How to buy ShoeFy

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

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

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

Bitget P2P trading currently does not support direct selling of SHOE to MMK. However, you can first exchange SHOE 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
No matching ads found.

What factors influence the conversion rate of ShoeFy to Myanma Kyat?

ShoeFy to Myanma Kyat is falling this week.
ShoeFy's current market price is Ks 3.3 per SHOE, with a total market cap of Ks 42,923,043.53 MMK based on a circulating supply of 13,013,747 SHOE. The trading volume of ShoeFy has changed by -64.24% (Ks -444,464.77 MMK) in the last 24 hours. Last trading day, SHOE's trading volume was Ks 691,835.34.
Market cap
$20.45K
24h volume
$117.86047175
Circulating supply
13.01M SHOE

Conversion tables

The exchange rate of ShoeFy is increasing.
1 SHOE is currently valued at Ks 3.3 MMK , which means buying 5 SHOE will cost Ks 16.49 MMK . Similarly, Ks1 MMK can be traded for 0.3032 SHOE, and Ks50 MMK can be converted to 15.16 SHOE, excluding any platform or gas fees.
The exchange rate of 1 SHOE to Myanma Kyat has changed by -7.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.98%, reaching a high of 3.3 MMK and a low of 3.14 MMK . One month ago, the value of 1 SHOE was Ks 2.78 MMK , which represents a +18.78% change from its current value. Over the last year, ShoeFy has changed by
-Ks
4.93MMK
, resulting in a change of -59.91% in its value.

SHOE to MMK

Amount
13:46 today
0.5 SHOE
Ks1.65
1 SHOE
Ks3.3
5 SHOE
Ks16.49
10 SHOE
Ks32.98
50 SHOE
Ks164.91
100 SHOE
Ks329.83
500 SHOE
Ks1,649.14
1000 SHOE
Ks3,298.28

MMK to SHOE

Amount13:46 today
0.5MMK0.1516  SHOE
1MMK0.3032  SHOE
5MMK1.52  SHOE
10MMK3.03  SHOE
50MMK15.16  SHOE
100MMK30.32  SHOE
500MMK151.59  SHOE
1000MMK303.19  SHOE

Today vs. 24 hours ago

Amount13:46 today24 hours ago24h change
0.5 SHOE$0.0007857$0.0007484
+4.98%
1 SHOE$0.001571$0.001497
+4.98%
5 SHOE$0.007857$0.007484
+4.98%
10 SHOE$0.01571$0.01497
+4.98%
50 SHOE$0.07857$0.07484
+4.98%
100 SHOE$0.1571$0.1497
+4.98%
500 SHOE$0.7857$0.7484
+4.98%
1000 SHOE$1.57$1.5
+4.98%

Today vs. 1 month ago

Amount13:46 today1 month ago1M change
0.5 SHOE$0.0007857$0.0006615
+18.78%
1 SHOE$0.001571$0.001323
+18.78%
5 SHOE$0.007857$0.006615
+18.78%
10 SHOE$0.01571$0.01323
+18.78%
50 SHOE$0.07857$0.06615
+18.78%
100 SHOE$0.1571$0.1323
+18.78%
500 SHOE$0.7857$0.6615
+18.78%
1000 SHOE$1.57$1.32
+18.78%

Today vs. 1 year ago

Amount13:46 today1 year ago1Y change
0.5 SHOE$0.0007857$0.001960
-59.91%
1 SHOE$0.001571$0.003920
-59.91%
5 SHOE$0.007857$0.01960
-59.91%
10 SHOE$0.01571$0.03920
-59.91%
50 SHOE$0.07857$0.1960
-59.91%
100 SHOE$0.1571$0.3920
-59.91%
500 SHOE$0.7857$1.96
-59.91%
1000 SHOE$1.57$3.92
-59.91%

ShoeFy price prediction

What will the price of SHOE be in 2025?

Based on SHOE's historical price performance prediction model, the price of SHOE is projected to reach $0.002626 in 2025.

What will the price of SHOE be in 2030?

In 2030, the SHOE price is expected to change by -18.00%. By the end of 2030, the SHOE price is projected to reach $0.002395, with a cumulative ROI of +41.20%.

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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.