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MIC to PKR Converter and calculator

MIC/PKR: 1 MIC = 0.03507 PKR. The price of converting 1 Magic Internet Cash (MIC) to Pakistani Rupee (PKR) is 0.03507 PKR today.
MIC
MIC
PKR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MIC to PKR real-time exchange rates, making it easy to convert Magic Internet Cash (MIC) to Pakistani Rupee (PKR). The conversion result is based on real-time data. The conversion result shows that 1 MIC is currently valued at 0.04 PKR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MIC is currently valued at 0.04 PKR, which means buying 5 MIC would cost 0.18 PKR. Similarly, ₨1 PKR can be converted to 28.52 MIC, and ₨50 PKR can be converted to 142.59 MIC, excluding any platform or gas fees.

Convert MIC to PKR

Convert PKR to MIC

Magic Internet Cash
Pakistani Rupee
10000 MIC
350.66  PKR
In the table above, you'll find a comprehensive MIC to PKR converter that shows the value of Magic Internet Cash in Pakistani Rupee across commonly used conversion amounts. The list covers conversions from 1 MIC to PKR, all the way up to 10000 MIC, providing a clear view of their respective values.
Pakistani Rupee
Magic Internet Cash
5000 PKR
142,586.64 MIC
10000 PKR
285,173.28 MIC
50000 PKR
1,425,866.38 MIC
100000 PKR
2,851,732.77 MIC
In the table above, you'll find a comprehensive PKR to MIC converter that shows the value of Pakistani Rupee in Magic Internet Cash across commonly used conversion amounts. The list covers conversions from 1 PKR to MIC, all the way up to 100000 PKR, providing a clear view of their respective values.

MIC to PKR chart

MIC/PKR: 1 MIC = 0.03507 PKR; 2025/04/28 12:33:44
In the past 1D, Magic Internet Cash has changed +35.04% to PKR. Based on the trend and price charts, Magic Internet Cash(MIC) has changed +35.04% to PKR while Pakistani Rupee(PKR) has changed % to MIC in the last 24 hours.
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MIC to PKR conversion data: Volatility and price changes of Magic Internet Cash in PKR

The highest Magic Internet Cash price in PKR over the past 7 days was 0.04450 PKR while the lowest Magic Internet Cash price in PKR over the past 7 days was 0.02225 PKR. The relative change between the highs and lows in Magic Internet Cash price in PKR over the last 7 days indicates a volatility of %. You can view additional volatility data and MIC to PKR 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
0.04450 PKR
0.04450 PKR
0.04450 PKR
0.07071 PKR
Low
0.02320 PKR
0.02225 PKR
0.01866 PKR
0.01866 PKR
Average
0 PKR
0 PKR
0 PKR
0 PKR
Volatility
%
%
%
%
Change
+35.04%
+19.08%
+24.05%
-35.88%

Magic Internet Cash information

MIC to PKR market statistics

MIC/PKR:
₨0.03507
MIC 24h volume:
--
MIC market cap:
--
MIC circulating supply:
0 MIC

Current MIC to PKR exchange rate

Magic Internet Cash to Pakistani Rupee is rising this week.
Magic Internet Cash's current market price is ₨0.03507 per MIC, with a total market cap of ₨0 PKR based on a circulating supply of -- MIC. The trading volume of Magic Internet Cash has changed by 0.00% (₨0 PKR) in the last 24 hours. Last trading day, MIC's trading volume was ₨0.

More info about Magic Internet Cash on Bitget

Pakistani Rupee information

About the Pakistani Rupee (PKR)

What Is the Pakistani Rupee (PKR)?

The Pakistani Rupee, with the ISO code PKR, is the official currency of the Islamic Republic of Pakistan. It was officially adopted in 1949, taking over from the Indian Rupee post-partition. The currency is symbolized as Rs and is subdivided into 100 paise, although paise coins are no longer in active circulation. The Pakistani Rupee is the sole legal tender in Pakistan, and it is used for all transactions within the country.

The Pakistani Rupee is issued by the State Bank of Pakistan, which is the central bank of the country. The State Bank of Pakistan is responsible for the regulation and control of the currency, including its issuance, distribution, and monetary policy management. This role includes ensuring the stability of the currency, managing Pakistan's foreign exchange reserves, and overseeing the country's banking system

What Is the History of PKR?

The term "Rupee" is derived from the Sanskrit word "Rūpya," meaning a coin of silver. The Pakistani Rupee has its roots in the currency introduced by Sher Shah Suri in the 16th century. It was officially adopted in 1949, following the partition of British India and the creation of Pakistan. Before this, the currency in circulation was the Indian Rupee, issued and controlled by the Reserve Bank of India.

Notes and Coins of PKR

The first coins in Pakistan were introduced in 1948 in various denominations, ranging from 1 pice to 1 rupee. Over the years, the coinage has evolved, with the latest additions being the Rs. 5 and Rs. 10 coins. Banknotes have also seen significant changes, with the current series featuring denominations from Rs. 5 to Rs. 5,000. These notes are distinct in their color and size, with larger denominations being longer. All banknotes feature a portrait of Muhammad Ali Jinnah on the obverse.

Economic Significance and Exchange Rate

The Pakistani Rupee is a fiat currency, meaning its value isn't backed by physical commodities but by the government's declaration. Historically, the rupee was pegged to the British pound and later operated under a managed float system. This shift led to significant devaluation in the 1980s, impacting the import of raw materials and the broader economy.

In recent years, the PKR has faced challenges, including a sharp devaluation in 2021 due to political instability and economic pressures. However, as of late 2023, it has shown signs of recovery, becoming one of the best-performing currencies against the US dollar.

Do Pakistan and India use the same currency?

No, Pakistan and India do not use the same currency. Pakistan uses the Pakistani Rupee (PKR), while India uses the Indian Rupee (INR). Although both currencies share a common historical origin and are both named "rupee," they are distinct and separate currencies managed by their respective countries. The Pakistani Rupee is managed by the State Bank of Pakistan, and the Indian Rupee is managed by the Reserve Bank of India. The two currencies have different values and are not interchangeable.

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

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How to convert MIC to PKR

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MIC to PKR Conversion tables

The exchange rate of Magic Internet Cash is increasing.
The exchange rate of 1 MIC to Pakistani Rupee has changed by +19.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +35.04%, reaching a high of 0.04450 PKR and a low of 0.02320 PKR . One month ago, the value of 1 MIC was ₨0.02827 PKR , which represents a +24.05% change from its current value. Over the last year, Magic Internet Cash has changed by
-
0.06155PKR
, resulting in a change of -63.71% in its value.
24 hours ago1 month ago1 year ago
Amount12:33 today24 hours ago24h change
0.5 MIC₨0.01753₨0.01298
+35.04%
1 MIC₨0.03507₨0.02597
+35.04%
5 MIC₨0.1753₨0.1298
+35.04%
10 MIC₨0.3507₨0.2597
+35.04%
50 MIC₨1.75₨1.3
+35.04%
100 MIC₨3.51₨2.6
+35.04%
500 MIC₨17.53₨12.98
+35.04%
1000 MIC₨35.07₨25.97
+35.04%

MIC to PKR FAQ

How much is 1 Magic Internet Cash in PKR?
Right now, the price of 1 Magic Internet Cash (MIC) in Pakistani Rupee (PKR) is ₨0.03507.
How much MIC can I buy for 1 PKR?
Based on the current exchange rate, you can get 28.52 MIC for 1 PKR.
How do I calculate or convert MIC to PKR?
You can use our MIC to PKR calculator at the top of this page to convert any amount of MIC to PKR. We've also included quick-reference tables for the most popular conversions. For example, 5 PKR is equivalent to 142.59 MIC, while 5 MIC will cost around 0.1753PKR.
What is the highest price of MIC/PKR in history?
The all-time high price of 1 MIC in PKR is ₨9.96. It remains to be seen if the value of 1 MIC/PKR will exceed the current all-time high.
What is the price trend of Magic Internet Cash in PKR?
Over the past 7 days, the exchange rate of Magic Internet Cash (MIC) has gone up by 19.08%.   Over the last month, the exchange rate of Magic Internet Cash (MIC) has gone up by 24.05% against Pakistani Rupee (PKR).

What factors influence the conversion rate of MIC to PKR?

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