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MIM to SAR Converter and calculator

MIM/SAR: 1 MIM = 0.0001636 SAR. The price of converting 1 Magic Internet Money (MIM) to Saudi Riyal (SAR) is 0.0001636 SAR today.
MIM
MIM
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MIM to SAR real-time exchange rates, making it easy to convert Magic Internet Money (MIM) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 MIM is currently valued at 0.0001636 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MIM is currently valued at 0.0001636 SAR, which means buying 5 MIM would cost 0.0008180 SAR. Similarly, ر.س1 SAR can be converted to 6,112.79 MIM, and ر.س50 SAR can be converted to 30,563.96 MIM, excluding any platform or gas fees.

Convert MIM to SAR

Convert SAR to MIM

Magic Internet Money
Saudi Riyal
1 MIM
0.0001636  SAR
Exchange 1 MIM for 0.0001636 SAR
2 MIM
0.0003272  SAR
Exchange 2 MIM for 0.0003272 SAR
5 MIM
0.0008180  SAR
Exchange 5 MIM for 0.0008180 SAR
10 MIM
0.001636  SAR
Exchange 10 MIM for 0.001636 SAR
20 MIM
0.003272  SAR
Exchange 20 MIM for 0.003272 SAR
50 MIM
0.008180  SAR
Exchange 50 MIM for 0.008180 SAR
100 MIM
0.01636  SAR
Exchange 100 MIM for 0.01636 SAR
200 MIM
0.03272  SAR
Exchange 200 MIM for 0.03272 SAR
500 MIM
0.08180  SAR
Exchange 500 MIM for 0.08180 SAR
1000 MIM
0.1636  SAR
Exchange 1000 MIM for 0.1636 SAR
5000 MIM
0.8180  SAR
Exchange 5000 MIM for 0.8180 SAR
10000 MIM
1.64  SAR
Exchange 10000 MIM for 1.64 SAR
In the table above, you'll find a comprehensive MIM to SAR converter that shows the value of Magic Internet Money in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 MIM to SAR, all the way up to 10000 MIM, providing a clear view of their respective values.
Saudi Riyal
Magic Internet Money
1 SAR
6,112.79 MIM
Exchange 1 SAR for 6,112.79 MIM
10 SAR
61,127.91 MIM
Exchange 10 SAR for 61,127.91 MIM
50 SAR
305,639.56 MIM
Exchange 50 SAR for 305,639.56 MIM
100 SAR
611,279.12 MIM
Exchange 100 SAR for 611,279.12 MIM
200 SAR
1,222,558.23 MIM
Exchange 200 SAR for 1,222,558.23 MIM
500 SAR
3,056,395.58 MIM
Exchange 500 SAR for 3,056,395.58 MIM
1000 SAR
6,112,791.16 MIM
Exchange 1000 SAR for 6,112,791.16 MIM
2000 SAR
12,225,582.31 MIM
Exchange 2000 SAR for 12,225,582.31 MIM
5000 SAR
30,563,955.78 MIM
Exchange 5000 SAR for 30,563,955.78 MIM
10000 SAR
61,127,911.57 MIM
Exchange 10000 SAR for 61,127,911.57 MIM
50000 SAR
305,639,557.84 MIM
Exchange 50000 SAR for 305,639,557.84 MIM
100000 SAR
611,279,115.67 MIM
Exchange 100000 SAR for 611,279,115.67 MIM
In the table above, you'll find a comprehensive SAR to MIM converter that shows the value of Saudi Riyal in Magic Internet Money across commonly used conversion amounts. The list covers conversions from 1 SAR to MIM, all the way up to 100000 SAR, providing a clear view of their respective values.

MIM to SAR chart

MIM/SAR: 1 MIM = 0.0001636 SAR; 2025/11/16 17:27:19
In the past 1D, Magic Internet Money has changed -9.92% to SAR. Based on the trend and price charts, Magic Internet Money(MIM) has changed -9.92% to SAR while Saudi Riyal(SAR) has changed % to MIM in the last 24 hours.
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MIM to SAR conversion data: Volatility and price changes of Magic Internet Money in SAR

The highest Magic Internet Money price in SAR over the past 7 days was 0.0002515 SAR while the lowest Magic Internet Money price in SAR over the past 7 days was 0.0001636 SAR. The relative change between the highs and lows in Magic Internet Money price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MIM to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.0001824 SAR
0.0002515 SAR
0.0002553 SAR
0.0004608 SAR
Low
0.0001636 SAR
0.0001636 SAR
0.0001636 SAR
0.0001636 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-9.92%
-20.09%
-29.38%
-52.11%

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Bitget P2P trading does not currently support direct buying of MIM with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy MIM with USDT via Bitget spot market.
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Magic Internet Money information

MIM to SAR market statistics

MIM/SAR:
ر.س0.0001636
MIM 24h volume:
ر.س2,610.32
MIM market cap:
--
MIM circulating supply:
0 MIM

Current MIM to SAR exchange rate

Magic Internet Money to Saudi Riyal is falling this week.
Magic Internet Money's current market price is ر.س0.0001636 per MIM, with a total market cap of ر.س0 SAR based on a circulating supply of -- MIM. The trading volume of Magic Internet Money has changed by 0.00% (ر.س0 SAR) in the last 24 hours. Last trading day, MIM's trading volume was ر.س2,610.32.

More info about Magic Internet Money on Bitget

Saudi Riyal information

About Saudi Riyal (SAR)

The Saudi Riyal (SAR), introduced in 1925, is not just the official currency of Saudi Arabia; it is a symbol of the nation's economic prosperity and cultural heritage. It is commonly abbreviated as SAR and represented by the symbol ر.س. Emerging alongside the founding of Saudi Arabia, the Riyal reflects the country's transformation from a desert kingdom to a global oil powerhouse.

Historical Background

The establishment of the Saudi Riyal was a key step in consolidating the economic foundations of the newly formed Kingdom of Saudi Arabia. Replacing the Hejaz Riyal and other regional currencies, the Saudi Riyal marked the unification of the Kingdom's monetary system, mirroring its political consolidation under King Abdulaziz Al Saud.

Design and Symbolism

The design of the Saudi Riyal combines elements of Saudi Arabia's rich history and Islamic heritage. Banknotes and coins feature intricate Islamic art, images of the King, and landmarks such as the Kaaba in Mecca and the Kingdom Centre in Riyadh. These designs do more than facilitate transactions; they are a celebration of Saudi identity and pride.

Economic Role

The Riyal is central to Saudi Arabia’s economy, underpinned by the country's vast oil reserves. As the medium of exchange, it supports the oil sector, which dominates the economy, and facilitates other key sectors like construction, finance, and tourism. The Riyal’s stability is crucial for the country's economic health and its role in global energy markets.

Monetary Policy and Stability

Managed by the Saudi Arabian Monetary Authority (SAMA), the Riyal is pegged to the US Dollar, reflecting the longstanding economic relationship between Saudi Arabia and the United States, particularly in the oil sector. This peg provides stability to the Riyal, but it also ties its fortunes to the fluctuations of the US economy and dollar.

International Trade and the Saudi Riyal

In international trade, the stability of the Riyal, especially given its peg to the US Dollar, is crucial for Saudi Arabia's oil exports. A stable Riyal is vital for maintaining competitive oil prices in global markets and for the country's extensive import needs.

Remittances and Economic Impact

Remittances from expatriates working in Saudi Arabia, particularly in the oil, construction, and service sectors, are significant. While these remittances involve substantial outflows of Riyals, they also reflect the country's role as a major employer in the region.

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

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How to convert MIM to SAR

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MIM to SAR Conversion tables

The exchange rate of Magic Internet Money is decreasing.
The exchange rate of 1 MIM to Saudi Riyal has changed by -20.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.92%, reaching a high of 0.0001824 SAR and a low of 0.0001636 SAR . One month ago, the value of 1 MIM was ر.س0.0002316 SAR , which represents a -29.38% change from its current value. Over the last year, Magic Internet Money has changed by
-ر.س
0.003747SAR
, resulting in a change of -95.82% in its value.
24 hours ago1 month ago1 year ago
Amount 17:27 today 24 hours ago 24h change
0.5 MIM
ر.س0.{4}8180ر.س0.{4}9080
-9.92%
1 MIM
ر.س0.0001636ر.س0.0001816
-9.92%
5 MIM
ر.س0.0008180ر.س0.0009080
-9.92%
10 MIM
ر.س0.001636ر.س0.001816
-9.92%
50 MIM
ر.س0.008180ر.س0.009080
-9.92%
100 MIM
ر.س0.01636ر.س0.01816
-9.92%
500 MIM
ر.س0.08180ر.س0.09080
-9.92%
1000 MIM
ر.س0.1636ر.س0.1816
-9.92%

MIM to SAR FAQ

How much is 1 Magic Internet Money in SAR?
Right now, the price of 1 Magic Internet Money (MIM) in Saudi Riyal (SAR) is ر.س0.0001636.
How much MIM can I buy for 1 SAR?
Based on the current exchange rate, you can get 6,112.79 MIM for 1 SAR.
How do I calculate or convert MIM to SAR?
You can use our MIM to SAR calculator at the top of this page to convert any amount of MIM to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 30,563.96 MIM, while 5 MIM will cost around 0.0008180SAR.
What is the highest price of MIM/SAR in history?
The all-time high price of 1 MIM in SAR is ر.س0.03256. It remains to be seen if the value of 1 MIM/SAR will exceed the current all-time high.
What is the price trend of Magic Internet Money in SAR?
Over the past 7 days, the exchange rate of Magic Internet Money (MIM) has gone down by 20.09%.   Over the last month, the exchange rate of Magic Internet Money (MIM) has gone down by 29.38% against Saudi Riyal (SAR).

What factors influence the conversion rate of MIM to SAR?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Magic Internet Money currency pairs: MIM to US Dollar (USD), MIM to Euro (EUR), MIM to Pound Sterling (GBP), MIM to Canadian Dollar (CAD), MIM to Indian Rupee (INR), MIM to Pakistani Rupee (PKR), MIM to Brazilian Real (BRL), MIM to…
The price of Magic Internet Money in the US is $0.{4}4382 USD. Additionally, Magic Internet Money’s price is €0.{4}3770 EUR in the eurozone, £0.{4}3332 GBP in the UK, C$0.{4}6150 CAD in Canada, ₹0.003887 INR in India, ₨0.01238 PKR in Pakistan, R$0.0002321 BRL in Brazil, and more.
The most popular Magic Internet Money currency pair is the MIM to Saudi Riyal(SAR). The price of 1 Magic Internet Money (MIM) in Saudi Riyal (SAR) is ر.س0.0001636.

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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.