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IBS to MMK Converter and calculator

IBS/MMK: 1 IBS = 1.75 MMK. The price of converting 1 IBStoken (IBS) to Myanma Kyat (MMK) is 1.75 MMK today.
IBS
IBS
MMK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides IBS to MMK real-time exchange rates, making it easy to convert IBStoken (IBS) to Myanma Kyat (MMK). The conversion result is based on real-time data. The conversion result shows that 1 IBS is currently valued at 1.75 MMK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IBS is currently valued at 1.75 MMK, which means buying 5 IBS would cost 8.77 MMK. Similarly, Ks1 MMK can be converted to 0.5702 IBS, and Ks50 MMK can be converted to 2.85 IBS, excluding any platform or gas fees.

Convert IBS to MMK

Convert MMK to IBS

IBStoken
Myanma Kyat
1000 IBS
1,753.73  MMK
5000 IBS
8,768.67  MMK
10000 IBS
17,537.34  MMK
In the table above, you'll find a comprehensive IBS to MMK converter that shows the value of IBStoken in Myanma Kyat across commonly used conversion amounts. The list covers conversions from 1 IBS to MMK, all the way up to 10000 IBS, providing a clear view of their respective values.
Myanma Kyat
IBStoken
50000 MMK
28,510.59 IBS
100000 MMK
57,021.18 IBS
In the table above, you'll find a comprehensive MMK to IBS converter that shows the value of Myanma Kyat in IBStoken across commonly used conversion amounts. The list covers conversions from 1 MMK to IBS, all the way up to 100000 MMK, providing a clear view of their respective values.

IBS to MMK chart

IBS/MMK: 1 IBS = 1.75 MMK; 2025/05/01 13:13:54
In the past 1D, IBStoken has changed +0.85% to MMK. Based on the trend and price charts, IBStoken(IBS) has changed +0.85% to MMK while Myanma Kyat(MMK) has changed % to IBS in the last 24 hours.
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IBS to MMK conversion data: Volatility and price changes of IBStoken in MMK

The highest IBStoken price in MMK over the past 7 days was 1.76 MMK while the lowest IBStoken price in MMK over the past 7 days was 1.71 MMK. The relative change between the highs and lows in IBStoken price in MMK over the last 7 days indicates a volatility of %. You can view additional volatility data and IBS 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
1.76 MMK
1.76 MMK
1.96 MMK
2.23 MMK
Low
1.74 MMK
1.71 MMK
1.68 MMK
1.67 MMK
Average
0 MMK
0 MMK
0 MMK
0 MMK
Volatility
%
%
%
%
Change
+0.85%
+2.09%
-7.78%
-21.18%

IBStoken information

IBS to MMK market statistics

IBS/MMK:
Ks1.75
IBS 24h volume:
Ks141,932,083.83
IBS market cap:
Ks1,891,106,910.8
IBS circulating supply:
1.08B IBS

Current IBS to MMK exchange rate

IBStoken to Myanma Kyat is rising this week.
IBStoken's current market price is Ks1.75 per IBS, with a total market cap of Ks1,891,106,910.8 MMK based on a circulating supply of 1,078,331,500 IBS. The trading volume of IBStoken has changed by +605.94% (Ks121,826,774.54 MMK) in the last 24 hours. Last trading day, IBS's trading volume was Ks20,105,309.28.

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

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How to convert IBS to MMK

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Convert IBS to MMK
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Bitget P2P trading does not currently support direct buying of IBS with MMK. However, you can buy USDT in Bitget P2P trading first, and then buy IBS with USDT via Bitget spot market.
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IBS to MMK Conversion tables

The exchange rate of IBStoken is decreasing.
The exchange rate of 1 IBS to Myanma Kyat has changed by +2.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.85%, reaching a high of 1.76 MMK and a low of 1.74 MMK . One month ago, the value of 1 IBS was Ks1.9 MMK , which represents a -7.78% change from its current value. Over the last year, IBStoken has changed by
+Ks
0.3718MMK
, resulting in a change of +26.86% in its value.
24 hours ago1 month ago1 year ago
Amount13:13 today24 hours ago24h change
0.5 IBSKs0.8769Ks0.8694
+0.85%
1 IBSKs1.75Ks1.74
+0.85%
5 IBSKs8.77Ks8.69
+0.85%
10 IBSKs17.54Ks17.39
+0.85%
50 IBSKs87.69Ks86.94
+0.85%
100 IBSKs175.37Ks173.89
+0.85%
500 IBSKs876.87Ks869.43
+0.85%
1000 IBSKs1,753.73Ks1,738.86
+0.85%

IBS to MMK FAQ

How much is 1 IBStoken in MMK?
Right now, the price of 1 IBStoken (IBS) in Myanma Kyat (MMK) is Ks1.75.
How much IBS can I buy for 1 MMK?
Based on the current exchange rate, you can get 0.5702 IBS for 1 MMK.
How do I calculate or convert IBS to MMK?
You can use our IBS to MMK calculator at the top of this page to convert any amount of IBS to MMK. We've also included quick-reference tables for the most popular conversions. For example, 5 MMK is equivalent to 2.85 IBS, while 5 IBS will cost around 8.77MMK.
What is the highest price of IBS/MMK in history?
The all-time high price of 1 IBS in MMK is Ks53.69. It remains to be seen if the value of 1 IBS/MMK will exceed the current all-time high.
What is the price trend of IBStoken in MMK?
Over the past 7 days, the exchange rate of IBStoken (IBS) has gone up by 2.09%.   Over the last month, the exchange rate of IBStoken (IBS) has gone down by 7.78% against Myanma Kyat (MMK).

What factors influence the conversion rate of IBS to MMK?

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