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MIM to INR Converter and calculator

MIM/INR: 1 MIM = 85.22 INR. The price of converting 1 Magic Internet Money (MIM) to Indian Rupee (INR) is 85.22 INR today.
MIM
MIM
INR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MIM to INR real-time exchange rates, making it easy to convert Magic Internet Money (MIM) to Indian Rupee (INR). The conversion result is based on real-time data. The conversion result shows that 1 MIM is currently valued at 85.22 INR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MIM is currently valued at 85.22 INR, which means buying 5 MIM would cost 426.09 INR. Similarly, ₹1 INR can be converted to 0.01173 MIM, and ₹50 INR can be converted to 0.05867 MIM, excluding any platform or gas fees.

Convert MIM to INR

Convert INR to MIM

Magic Internet Money
Indian Rupee
100 MIM
8,521.71  INR
200 MIM
17,043.42  INR
500 MIM
42,608.54  INR
1000 MIM
85,217.09  INR
5000 MIM
426,085.43  INR
10000 MIM
852,170.87  INR
In the table above, you'll find a comprehensive MIM to INR converter that shows the value of Magic Internet Money in Indian Rupee across commonly used conversion amounts. The list covers conversions from 1 MIM to INR, all the way up to 10000 MIM, providing a clear view of their respective values.
Indian Rupee
Magic Internet Money
100000 INR
1,173.47 MIM
In the table above, you'll find a comprehensive INR to MIM converter that shows the value of Indian Rupee in Magic Internet Money across commonly used conversion amounts. The list covers conversions from 1 INR to MIM, all the way up to 100000 INR, providing a clear view of their respective values.

MIM to INR chart

MIM/INR: 1 MIM = 85.22 INR; 2025/04/28 11:36:50
In the past 1D, Magic Internet Money has changed +0.20% to INR. Based on the trend and price charts, Magic Internet Money(MIM) has changed +0.20% to INR while Indian Rupee(INR) has changed % to MIM in the last 24 hours.
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MIM to INR conversion data: Volatility and price changes of Magic Internet Money in INR

The highest Magic Internet Money price in INR over the past 7 days was 85.62 INR while the lowest Magic Internet Money price in INR over the past 7 days was 84.63 INR. The relative change between the highs and lows in Magic Internet Money price in INR over the last 7 days indicates a volatility of %. You can view additional volatility data and MIM to INR 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
85.38 INR
85.62 INR
85.62 INR
99.43 INR
Low
84.77 INR
84.63 INR
84.34 INR
81.71 INR
Average
0 INR
0 INR
0 INR
0 INR
Volatility
%
%
%
%
Change
+0.20%
+0.45%
+0.54%
+0.39%

Magic Internet Money information

MIM to INR market statistics

MIM/INR:
₹85.22
MIM 24h volume:
₹7,563,921.49
MIM market cap:
--
MIM circulating supply:
0 MIM

Current MIM to INR exchange rate

Magic Internet Money to Indian Rupee is rising this week.
Magic Internet Money's current market price is ₹85.22 per MIM, with a total market cap of ₹0 INR based on a circulating supply of -- MIM. The trading volume of Magic Internet Money has changed by +86.88% (₹3,516,550.33 INR) in the last 24 hours. Last trading day, MIM's trading volume was ₹4,047,371.16.

More info about Magic Internet Money on Bitget

Indian Rupee information

About the Indian Rupee (INR)

What Is the Indian Rupee (INR)?

The Indian Rupee, designated by the ISO code INR, is the official currency of the Republic of India. The term 'rupee' is derived from the Sanskrit word 'rupyakam,' meaning a silver coin. The Indian Rupee got its symbol (₹) in 2010, which is a blend of the Devanagari 'Ra' and the Roman capital 'R' without its vertical bar. The Indian Rupee is the sole legal tender in India, and it is used for all transactions within the country.

The Indian Rupee is issued by the Reserve Bank of India (RBI), which is the central bank of India. The RBI is responsible for the regulation and management of the Indian currency and monetary policy. It oversees the issuance and supply of the rupee, ensuring stability and integrity in the country's financial system. The RBI also implements measures to combat counterfeiting and manages the currency's design and denominations.

What Is the History of INR?

The Coinage Act of 1835 standardized coinage in India, introducing coins bearing the effigy of William IV and later Queen Victoria. The rupiya, originally a silver coin, faced devaluation against gold during the 19th century due to the discovery of large silver reserves in Europe and the U.S. During World War II, the regular rupee was replaced with Quaternary Silver Alloy, and post-independence in 1947, India continued using the existing currency until the adoption of its constitution in 1950. In 1957, India introduced a decimal currency system, dividing the rupee into 100 paise.

Notes and Coins of INR

The current series of Indian currency includes notes of various denominations such as 10, 20, 50, 100, 200, 500, and 2000 INR. Each denomination has its unique color scheme and design elements, making them easily distinguishable. The coins, ranging from smaller denominations like 1, 2, 5, and 10 rupees, are minted in various metals and also feature emblematic designs representing India's cultural and historical ethos..

Economic Impact and Exchange Rate Management

The demonetization in 2016 aimed to disrupt the underground economy and curb the financing of illegal activities. This move led to the issuance of new 500 and 2000 INR notes in the Mahatma Gandhi New Series. The RBI's strategy does not peg the INR to a specific foreign currency, but instead aims to reduce exchange rate volatility through market interventions. This policy reflects a preference for a stable yet flexible exchange rate system, adapting to global economic dynamics.

What Is Digital Rupee?

The Digital Rupee, also known as e₹ or eINR, is a digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). Launched in December 2022, it utilizes blockchain distributed-ledger technology for secure transactions. The Digital Rupee is uniquely identifiable and regulated by the RBI, ensuring its reliability as legal tender. It is designed to be accessible both online and offline, catering to a wide range of financial transactions. The RBI has introduced two versions: the Digital Rupee for Wholesale (e₹-W) for interbank settlements and the Digital Rupee for Retail (e₹-R) for consumer and business transactions. This initiative aims to reduce the costs associated with physical currency, enhance transaction efficiency, and support India's growing digital economy. Unlike cryptocurrencies, the Digital Rupee is a sovereign currency, backed by the RBI, and holds the same value as its physical counterpart.

Bitget crypto-to-fiat exchange data shows that the most popular Magic Internet Money currency pair is the MIM to INR, with for Magic Internet Money's currency code being MIM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for INR.

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How to convert MIM to INR

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Buy MIM (or USDT) for INR (Indian Rupee) offers
Bitget P2P trading does not currently support direct buying of MIM with INR. However, you can buy USDT in Bitget P2P trading first, and then buy MIM with USDT via Bitget spot market.
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MIM to INR Conversion tables

The exchange rate of Magic Internet Money is increasing.
The exchange rate of 1 MIM to Indian Rupee has changed by +0.45% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.20%, reaching a high of 85.38 INR and a low of 84.77 INR . One month ago, the value of 1 MIM was ₹84.76 INR , which represents a +0.54% change from its current value. Over the last year, Magic Internet Money has changed by
+
0.6151INR
, resulting in a change of +0.73% in its value.
24 hours ago1 month ago1 year ago
Amount11:36 am today24 hours ago24h change
0.5 MIM₹42.61₹42.52
+0.20%
1 MIM₹85.22₹85.05
+0.20%
5 MIM₹426.09₹425.23
+0.20%
10 MIM₹852.17₹850.45
+0.20%
50 MIM₹4,260.85₹4,252.27
+0.20%
100 MIM₹8,521.71₹8,504.53
+0.20%
500 MIM₹42,608.54₹42,522.66
+0.20%
1000 MIM₹85,217.09₹85,045.32
+0.20%

MIM to INR FAQ

How much is 1 Magic Internet Money in INR?
Right now, the price of 1 Magic Internet Money (MIM) in Indian Rupee (INR) is ₹85.22.
How much MIM can I buy for 1 INR?
Based on the current exchange rate, you can get 0.01173 MIM for 1 INR.
How do I calculate or convert MIM to INR?
You can use our MIM to INR calculator at the top of this page to convert any amount of MIM to INR. We've also included quick-reference tables for the most popular conversions. For example, 5 INR is equivalent to 0.05867 MIM, while 5 MIM will cost around 426.09INR.
What is the highest price of MIM/INR in history?
The all-time high price of 1 MIM in INR is ₹230.77. It remains to be seen if the value of 1 MIM/INR will exceed the current all-time high.
What is the price trend of Magic Internet Money in INR?
Over the past 7 days, the exchange rate of Magic Internet Money (MIM) has gone up by 0.45%.   Over the last month, the exchange rate of Magic Internet Money (MIM) has gone up by 0.54% against Indian Rupee (INR).

What factors influence the conversion rate of MIM to INR?

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