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MIM to BGN Converter and calculator

MIM/BGN: 1 MIM = 1.73 BGN. The price of converting 1 Magic Internet Money (MIM) to Bulgarian Lev (BGN) is 1.73 BGN today.
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MIM
BGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MIM to BGN real-time exchange rates, making it easy to convert Magic Internet Money (MIM) to Bulgarian Lev (BGN). The conversion result is based on real-time data. The conversion result shows that 1 MIM is currently valued at 1.73 BGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MIM is currently valued at 1.73 BGN, which means buying 5 MIM would cost 8.63 BGN. Similarly, лв1 BGN can be converted to 0.5791 MIM, and лв50 BGN can be converted to 2.9 MIM, excluding any platform or gas fees.

Convert MIM to BGN

Convert BGN to MIM

Magic Internet Money
Bulgarian Lev
1000 MIM
1,726.67  BGN
5000 MIM
8,633.36  BGN
10000 MIM
17,266.72  BGN
In the table above, you'll find a comprehensive MIM to BGN converter that shows the value of Magic Internet Money in Bulgarian Lev across commonly used conversion amounts. The list covers conversions from 1 MIM to BGN, all the way up to 10000 MIM, providing a clear view of their respective values.
Bulgarian Lev
Magic Internet Money
50000 BGN
28,957.44 MIM
100000 BGN
57,914.88 MIM
In the table above, you'll find a comprehensive BGN to MIM converter that shows the value of Bulgarian Lev in Magic Internet Money across commonly used conversion amounts. The list covers conversions from 1 BGN to MIM, all the way up to 100000 BGN, providing a clear view of their respective values.

MIM to BGN chart

MIM/BGN: 1 MIM = 1.73 BGN; 2025/04/28 11:07:55
In the past 1D, Magic Internet Money has changed +0.20% to BGN. Based on the trend and price charts, Magic Internet Money(MIM) has changed +0.20% to BGN while Bulgarian Lev(BGN) has changed % to MIM in the last 24 hours.
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MIM to BGN conversion data: Volatility and price changes of Magic Internet Money in BGN

The highest Magic Internet Money price in BGN over the past 7 days was 1.73 BGN while the lowest Magic Internet Money price in BGN over the past 7 days was 1.71 BGN. The relative change between the highs and lows in Magic Internet Money price in BGN over the last 7 days indicates a volatility of %. You can view additional volatility data and MIM to BGN 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
1.73 BGN
1.73 BGN
1.73 BGN
2.01 BGN
Low
1.72 BGN
1.71 BGN
1.71 BGN
1.65 BGN
Average
0 BGN
0 BGN
0 BGN
0 BGN
Volatility
%
%
%
%
Change
+0.20%
+0.56%
+0.62%
+0.44%

Magic Internet Money information

MIM to BGN market statistics

MIM/BGN:
лв1.73
MIM 24h volume:
лв152,626.57
MIM market cap:
--
MIM circulating supply:
0 MIM

Current MIM to BGN exchange rate

Magic Internet Money to Bulgarian Lev is rising this week.
Magic Internet Money's current market price is лв1.73 per MIM, with a total market cap of лв0 BGN based on a circulating supply of -- MIM. The trading volume of Magic Internet Money has changed by +183.79% (лв98,844.62 BGN) in the last 24 hours. Last trading day, MIM's trading volume was лв53,781.95.

More info about Magic Internet Money on Bitget

Bulgarian Lev information

About the Bulgarian Lev (BGN)

What Is the Bulgarian Lev (BGN)?

The Bulgarian Lev, abbreviated as BGN and often denoted by the currency sign" лв", is the official currency of Bulgaria. BGN is a fiat currency, which is government-issued currency not backed by a physical commodity but rather by the government that issued it. The name 'lev' means 'lion' in old Bulgarian, symbolizing strength and valor. It is divided into 100 stotinki, reflecting the currency's precision and stability. The Bulgarian Lev is the sole legal tender in Bulgaria, and it is used for all transactions within the country.

The Bulgarian Lev is issued by the Bulgarian National Bank, which is the central bank of Bulgaria. The Bulgarian National Bank is responsible for the issuance and regulation of the nation's currency, as well as overseeing monetary policy and maintaining financial stability in Bulgaria.

What Is the History of BGN?

The lev was introduced in 1881, mirroring the value of the French franc. It underwent various transformations, including changes in its gold and silver backing and its pegging to other currencies like the German Reichsmark and the Soviet ruble. Post-World War II inflation led to the introduction of a new lev in 1952, pegged to the U.S. dollar. Subsequent redenominations in 1962 and 1999 aimed to stabilize the currency amidst fluctuating economic conditions, reflecting the country's efforts to maintain economic stability.

The most recent redenomination in 1999 pegged the lev to the Deutsche Mark, and later to the euro, at a fixed rate of 1.95583 BGN to 1 EUR. Bulgaria's accession to the EU in 2007 and its participation in the ERM II since 2020 are significant steps towards adopting the euro, expected in 2024.

Notes and Coins of BGN

The banknotes are available in denominations of 1, 2, 5, 10, 20, 50, and 100 leva, featuring prominent Bulgarian historical figures and landmarks, symbolizing the nation's pride and history. The coins, known as stotinki, come in smaller denominations of 1, 2, 5, 10, 20, and 50 stotinki, and 1 lev, showcasing intricate designs that often include the Madara Rider, a UNESCO World Heritage Site, and other national symbols.

Is BGN Pegged to EUR?

Yes, the Bulgarian Lev (BGN) is pegged to the Euro (EUR). The peg is set at a fixed exchange rate of 1.95583 BGN to 1 EUR. This fixed rate has been in place since the redenomination of the lev in 1999, when Bulgaria aligned its currency with the Deutsche Mark, which was subsequently replaced by the Euro.

Will Bulgaria Adopt the Euro as Its Currency?

As of January 2024, Bulgaria is on track to adopt the Euro as its official currency. Having joined the European Union in 2007, the country made a significant step by entering the Exchange Rate Mechanism II (ERM II) in July 2020. This is a crucial stage in the process of adopting the Euro, requiring Bulgaria to maintain economic stability and meet the European Union's convergence criteria. The Bulgarian Lev is currently pegged to the Euro, which is a part of aligning Bulgaria's monetary policy with that of the Eurozone. The exact date when Bulgaria will fully adopt the Euro depends on meeting all the necessary economic requirements and obtaining approval from the European Union's institutions.

Bitget crypto-to-fiat exchange data shows that the most popular Magic Internet Money currency pair is the MIM to BGN, 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 BGN.

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How to convert MIM to BGN

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Bitget P2P trading does not currently support direct buying of MIM with BGN. 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 BGN Conversion tables

The exchange rate of Magic Internet Money is increasing.
The exchange rate of 1 MIM to Bulgarian Lev has changed by +0.56% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.20%, reaching a high of 1.73 BGN and a low of 1.72 BGN . One month ago, the value of 1 MIM was лв1.72 BGN , which represents a +0.62% change from its current value. Over the last year, Magic Internet Money has changed by
+лв
0.01299BGN
, resulting in a change of +0.76% in its value.
24 hours ago1 month ago1 year ago
Amount11:07 am today24 hours ago24h change
0.5 MIMлв0.8633лв0.8616
+0.20%
1 MIMлв1.73лв1.72
+0.20%
5 MIMлв8.63лв8.62
+0.20%
10 MIMлв17.27лв17.23
+0.20%
50 MIMлв86.33лв86.16
+0.20%
100 MIMлв172.67лв172.32
+0.20%
500 MIMлв863.34лв861.62
+0.20%
1000 MIMлв1,726.67лв1,723.24
+0.20%

MIM to BGN FAQ

How much is 1 Magic Internet Money in BGN?
Right now, the price of 1 Magic Internet Money (MIM) in Bulgarian Lev (BGN) is лв1.73.
How much MIM can I buy for 1 BGN?
Based on the current exchange rate, you can get 0.5791 MIM for 1 BGN.
How do I calculate or convert MIM to BGN?
You can use our MIM to BGN calculator at the top of this page to convert any amount of MIM to BGN. We've also included quick-reference tables for the most popular conversions. For example, 5 BGN is equivalent to 2.9 MIM, while 5 MIM will cost around 8.63BGN.
What is the highest price of MIM/BGN in history?
The all-time high price of 1 MIM in BGN is лв4.67. It remains to be seen if the value of 1 MIM/BGN will exceed the current all-time high.
What is the price trend of Magic Internet Money in BGN?
Over the past 7 days, the exchange rate of Magic Internet Money (MIM) has gone up by 0.56%.   Over the last month, the exchange rate of Magic Internet Money (MIM) has gone up by 0.62% against Bulgarian Lev (BGN).

What factors influence the conversion rate of MIM to BGN?

There are many factors that affect the relationship between Magic Internet Money and Bulgarian Lev, 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/BGN. 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/BGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MIM/BGN.
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/BGN. 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.