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MIM to USD Converter and calculator

MIM/USD: 1 MIM = 1 USD. The price of converting 1 Magic Internet Money (MIM) to United States Dollar (USD) is 1 USD today.
MIM
MIM
USD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MIM to USD real-time exchange rates, making it easy to convert Magic Internet Money (MIM) to United States Dollar (USD). The conversion result is based on real-time data. The conversion result shows that 1 MIM is currently valued at 1.00 USD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MIM is currently valued at 1.00 USD, which means buying 5 MIM would cost 5.00 USD. Similarly, $1 USD can be converted to 0.9998 MIM, and $50 USD can be converted to 5 MIM, excluding any platform or gas fees.

Convert MIM to USD

Convert USD to MIM

Magic Internet Money
United States Dollar
1000 MIM
1,000.24  USD
5000 MIM
5,001.19  USD
10000 MIM
10,002.38  USD
In the table above, you'll find a comprehensive MIM to USD converter that shows the value of Magic Internet Money in United States Dollar across commonly used conversion amounts. The list covers conversions from 1 MIM to USD, all the way up to 10000 MIM, providing a clear view of their respective values.
United States Dollar
Magic Internet Money
100000 USD
99,976.2 MIM
In the table above, you'll find a comprehensive USD to MIM converter that shows the value of United States Dollar in Magic Internet Money across commonly used conversion amounts. The list covers conversions from 1 USD to MIM, all the way up to 100000 USD, providing a clear view of their respective values.

MIM to USD chart

MIM/USD: 1 MIM = 1 USD; 2025/04/28 21:47:58
In the past 1D, Magic Internet Money has changed -0.20% to USD. Based on the trend and price charts, Magic Internet Money(MIM) has changed -0.20% to USD while United States Dollar(USD) has changed % to MIM in the last 24 hours.
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MIM to USD conversion data: Volatility and price changes of Magic Internet Money in USD

The highest Magic Internet Money price in USD over the past 7 days was 1.01 USD while the lowest Magic Internet Money price in USD over the past 7 days was 0.9953 USD. The relative change between the highs and lows in Magic Internet Money price in USD over the last 7 days indicates a volatility of %. You can view additional volatility data and MIM to USD 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 USD
1.01 USD
1.01 USD
1.17 USD
Low
0.9980 USD
0.9953 USD
0.9918 USD
0.9609 USD
Average
0 USD
0 USD
0 USD
0 USD
Volatility
%
%
%
%
Change
-0.20%
+0.22%
+0.29%
+0.06%

Magic Internet Money information

MIM to USD market statistics

MIM/USD:
$1
MIM 24h volume:
$97,565.35
MIM market cap:
--
MIM circulating supply:
0 MIM

Current MIM to USD exchange rate

Magic Internet Money to United States Dollar is rising this week.
Magic Internet Money's current market price is $1 per MIM, with a total market cap of $0 USD based on a circulating supply of -- MIM. The trading volume of Magic Internet Money has changed by +104.35% ($49,821.18 USD) in the last 24 hours. Last trading day, MIM's trading volume was $47,744.17.

More info about Magic Internet Money on Bitget

United States Dollar information

About the United States Dollar (USD)

What Is the United States Dollar (USD)?

The United States Dollar (USD), designated by the ISO code USD and commonly abbreviated as US$, is the official currency of the United States of America. It is one of the most recognizable and influential currencies in the world. The USD is used within the United States and its official territories, such as Puerto Rico, Guam, America Samoa, U.S. Virgin Islands, and Northern Marina Islands. Additionally, eleven other countries have adopted the USD as their official currency, including Ecuador, El Salvador, Zimbabwe, Palau, Marshall Islands, Panama, the British Virgin Islands, Turks and Caicos, Timor-Leste, Micronesia, and Bonaire.

The issuance and regulation of the USD are the responsibilities of the Federal Reserve System, the central bank of the United States. The Federal Reserve, or "the Fed," manages the country's monetary policy and ensures the stability and integrity of the currency. The U.S. Department of the Treasury, through the Bureau of Engraving and Printing, is tasked with the printing of paper currency, while the United States Mint produces coinage.

What Is the History of USD?

The United States Dollar (USD) has a rich history that mirrors the evolution of the United States. Initially grappling with diverse foreign currencies post-independence, the need for a unified system led to the Continental Congress adopting the dollar as the national currency on July 6, 1785. The choice was influenced by the Spanish dollar's prominence in the Americas. The Coinage Act of 1792 further established this move, creating the U.S. Mint and defining the dollar's value in gold and silver, initiating the bimetallic standard which stabilized the nation's economy and laid the groundwork for future financial growth. The 20th century saw the USD's global influence surge, especially with the 1944 Bretton Woods Agreement that pegged global currencies to the dollar, then linked to gold, making it the principal reserve currency worldwide. This status evolved in 1971 when the USD shifted to a fiat currency, backed by the U.S. government trust and credit.

Notes and Coins of USD

The U.S. currently prints currencies in denominations of $1, $2, $5, $10, $20, $50, and $100. The printing of notes higher than $100 ceased in 1946, with circulation formally stopping in 1969. Modern U.S. currency notes have incorporated additional colors since 2004 for differentiation, and plans are underway to add improved tactile features for visually impaired citizens.

The U.S. Mint also produces coins in denominations of 1 cent (penny), 5 cents (nickel), 10 cents (dime), 25 cents (quarter), 50 cents (half dollar), and 1 dollar. These coins are used for everyday transactions and also include collectible and commemorative versions.

The World’s Reserve Currency

The U.S. dollar's ascension to the status of the world's reserve currency is rooted in a confluence of historical events and economic strategies. Emerging as a dominant economic power in the early 20th century, the United States solidified the dollar's position through the establishment of the Federal Reserve in 1913 and the accumulation of significant gold reserves during World War I. The pivotal Bretton Woods Agreement in 1944, where 44 Allied nations pegged their currencies to the dollar, marked a defining moment, effectively linking global finance and trade to the U.S. currency. This arrangement was underpinned by the strength and size of the U.S. economy and the dominance of its financial markets. In 2022, the dollar constituted 59% of all foreign bank reserves, reflecting its enduring global influence. Despite discussions on de-dollarization, the U.S. dollar remains the principal reserve currency, a testament to its continued centrality in the international economic system.

What Is the US Dollar Index (USDX)?

The US Dollar Index (USDX) is a vital financial tool that measures the value of the United States Dollar (USD) against a basket of foreign currencies. Established in 1973, the USDX was created in the wake of the Bretton Woods Agreement's collapse. The index includes a diverse mix of currencies, originally comprising 17 currencies from 17 countries. However, with the introduction of the Euro in 1999, the index was adjusted, and it now primarily tracks the USD against six major world currencies: the Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish Krona (SEK), and Swiss Franc (CHF).

What Is the Relationship Between USD and Gold?

Historically, the United States Dollar (USD) was closely tied to gold, operating under the gold standard system. This system, formalized in the early 20th century, pegged the value of the USD to a specific quantity of gold, offering stability and confidence in the currency's value. However, in 1971, this changed dramatically with the "Nixon Shock," which ended the convertibility of the USD into gold and shifted the currency to a fiat system. This move detached the USD's value from gold, making it subject to market forces and government policies.

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

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How to convert MIM to USD

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MIM to USD Conversion tables

The exchange rate of Magic Internet Money is increasing.
The exchange rate of 1 MIM to United States Dollar has changed by +0.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.20%, reaching a high of 1 USD and a low of 0.9980 USD . One month ago, the value of 1 MIM was $0.9973 USD , which represents a +0.29% change from its current value. Over the last year, Magic Internet Money has changed by
+$
0.008750USD
, resulting in a change of +0.88% in its value.
24 hours ago1 month ago1 year ago
Amount21:47 today24 hours ago24h change
0.5 MIM$0.5001$0.5011
-0.20%
1 MIM$1$1
-0.20%
5 MIM$5$5.01
-0.20%
10 MIM$10$10.02
-0.20%
50 MIM$50.01$50.11
-0.20%
100 MIM$100.02$100.22
-0.20%
500 MIM$500.12$501.11
-0.20%
1000 MIM$1,000.24$1,002.23
-0.20%

MIM to USD FAQ

How much is 1 Magic Internet Money in USD?
Right now, the price of 1 Magic Internet Money (MIM) in United States Dollar (USD) is $1.
How much MIM can I buy for 1 USD?
Based on the current exchange rate, you can get 0.9998 MIM for 1 USD.
How do I calculate or convert MIM to USD?
You can use our MIM to USD calculator at the top of this page to convert any amount of MIM to USD. We've also included quick-reference tables for the most popular conversions. For example, 5 USD is equivalent to 5 MIM, while 5 MIM will cost around 5USD.
What is the highest price of MIM/USD in history?
The all-time high price of 1 MIM in USD is $2.71. It remains to be seen if the value of 1 MIM/USD will exceed the current all-time high.
What is the price trend of Magic Internet Money in USD?
Over the past 7 days, the exchange rate of Magic Internet Money (MIM) has gone up by 0.22%.   Over the last month, the exchange rate of Magic Internet Money (MIM) has gone up by 0.29% against United States Dollar (USD).

What factors influence the conversion rate of MIM to USD?

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