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MIM to QAR Converter and calculator

MIM/QAR: 1 MIM = 3.65 QAR. The price of converting 1 Magic Internet Money (MIM) to Qatari Rial (QAR) is 3.65 QAR today.
MIM
MIM
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MIM to QAR real-time exchange rates, making it easy to convert Magic Internet Money (MIM) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 MIM is currently valued at 3.65 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MIM is currently valued at 3.65 QAR, which means buying 5 MIM would cost 18.27 QAR. Similarly, ر.ق1 QAR can be converted to 0.2736 MIM, and ر.ق50 QAR can be converted to 1.37 MIM, excluding any platform or gas fees.

Convert MIM to QAR

Convert QAR to MIM

Magic Internet Money
Qatari Rial
500 MIM
1,827.41  QAR
1000 MIM
3,654.82  QAR
5000 MIM
18,274.1  QAR
10000 MIM
36,548.2  QAR
In the table above, you'll find a comprehensive MIM to QAR converter that shows the value of Magic Internet Money in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 MIM to QAR, all the way up to 10000 MIM, providing a clear view of their respective values.
Qatari Rial
Magic Internet Money
50000 QAR
13,680.57 MIM
100000 QAR
27,361.13 MIM
In the table above, you'll find a comprehensive QAR to MIM converter that shows the value of Qatari Rial in Magic Internet Money across commonly used conversion amounts. The list covers conversions from 1 QAR to MIM, all the way up to 100000 QAR, providing a clear view of their respective values.

MIM to QAR chart

MIM/QAR: 1 MIM = 3.65 QAR; 2025/04/28 23:38:26
In the past 1D, Magic Internet Money has changed +0.40% to QAR. Based on the trend and price charts, Magic Internet Money(MIM) has changed +0.40% to QAR while Qatari Rial(QAR) has changed % to MIM in the last 24 hours.
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MIM to QAR conversion data: Volatility and price changes of Magic Internet Money in QAR

The highest Magic Internet Money price in QAR over the past 7 days was 3.67 QAR while the lowest Magic Internet Money price in QAR over the past 7 days was 3.63 QAR. The relative change between the highs and lows in Magic Internet Money price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MIM to QAR 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
3.66 QAR
3.67 QAR
3.67 QAR
4.26 QAR
Low
3.64 QAR
3.63 QAR
3.62 QAR
3.5 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
+0.40%
+0.52%
+0.75%
+0.31%

Magic Internet Money information

MIM to QAR market statistics

MIM/QAR:
ر.ق3.65
MIM 24h volume:
ر.ق288,463.96
MIM market cap:
--
MIM circulating supply:
0 MIM

Current MIM to QAR exchange rate

Magic Internet Money to Qatari Rial is rising this week.
Magic Internet Money's current market price is ر.ق3.65 per MIM, with a total market cap of ر.ق0 QAR based on a circulating supply of -- MIM. The trading volume of Magic Internet Money has changed by +24.27% (ر.ق56,346.51 QAR) in the last 24 hours. Last trading day, MIM's trading volume was ر.ق232,117.45.

More info about Magic Internet Money on Bitget

Qatari Rial information

About Qatari Rial (QAR)

The Qatari Rial (QAR), introduced in 1973, is more than just the official currency of Qatar; it is a testament to the nation's economic growth, wealth, and cultural heritage. It is commonly abbreviated as QAR and represented by the symbol ر.ق. Emerging after Qatar gained independence from the British, the Rial replaced the Qatar and Dubai Riyal and marked a new chapter in the country's burgeoning financial landscape.

Historical Background

The introduction of the Qatari Rial was a crucial step in Qatar's journey towards economic self-sufficiency and sovereignty. The currency's establishment coincided with the rapid development of Qatar's oil and gas sectors, propelling the nation into economic prominence. The Rial symbolized not only a new monetary system but also Qatar's emergence as a significant player in the global economy.

Design and Symbolism

The design of the Qatari Rial is a reflection of Qatar's rich history and cultural identity. Banknotes feature imagery of the Qatari flag, traditional dhow boats, and prominent landmarks like the Museum of Islamic Art. These designs serve not only as a medium for financial transactions but also as symbols of Qatar's blend of tradition and modernity, showcasing its journey from a pearling economy to a global energy powerhouse.

Economic Role

The Qatari Rial plays a central role in the nation’s economy, underpinned by one of the world’s largest reserves of oil and natural gas. The currency is instrumental in facilitating trade, both domestically and internationally, and supports various sectors including finance, construction, and a growing service industry.

Monetary Policy and Stability

Managed by the Qatar Central Bank, the Rial is pegged to the US Dollar, reflecting the economic relationship between Qatar and the United States, particularly in the oil sector. This peg provides stability to the Rial, crucial in an economy heavily reliant on hydrocarbon exports, and helps to manage inflation.

International Trade and the Qatari Rial

The stability of the Qatari Rial is vital in international trade, particularly for Qatar's exports of liquefied natural gas (LNG) and petroleum products. A stable Rial is essential for maintaining competitive pricing in global markets and for attracting foreign investment in various sectors.

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

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How to convert MIM to QAR

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

The exchange rate of Magic Internet Money is increasing.
The exchange rate of 1 MIM to Qatari Rial has changed by +0.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.40%, reaching a high of 3.66 QAR and a low of 3.64 QAR . One month ago, the value of 1 MIM was ر.ق3.63 QAR , which represents a +0.75% change from its current value. Over the last year, Magic Internet Money has changed by
+ر.ق
0.03329QAR
, resulting in a change of +0.92% in its value.
24 hours ago1 month ago1 year ago
Amount23:38 today24 hours ago24h change
0.5 MIMر.ق1.83ر.ق1.82
+0.40%
1 MIMر.ق3.65ر.ق3.64
+0.40%
5 MIMر.ق18.27ر.ق18.2
+0.40%
10 MIMر.ق36.55ر.ق36.4
+0.40%
50 MIMر.ق182.74ر.ق182.01
+0.40%
100 MIMر.ق365.48ر.ق364.02
+0.40%
500 MIMر.ق1,827.41ر.ق1,820.08
+0.40%
1000 MIMر.ق3,654.82ر.ق3,640.17
+0.40%

MIM to QAR FAQ

How much is 1 Magic Internet Money in QAR?
Right now, the price of 1 Magic Internet Money (MIM) in Qatari Rial (QAR) is ر.ق3.65.
How much MIM can I buy for 1 QAR?
Based on the current exchange rate, you can get 0.2736 MIM for 1 QAR.
How do I calculate or convert MIM to QAR?
You can use our MIM to QAR calculator at the top of this page to convert any amount of MIM to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 1.37 MIM, while 5 MIM will cost around 18.27QAR.
What is the highest price of MIM/QAR in history?
The all-time high price of 1 MIM in QAR is ر.ق9.89. It remains to be seen if the value of 1 MIM/QAR will exceed the current all-time high.
What is the price trend of Magic Internet Money in QAR?
Over the past 7 days, the exchange rate of Magic Internet Money (MIM) has gone up by 0.52%.   Over the last month, the exchange rate of Magic Internet Money (MIM) has gone up by 0.75% against Qatari Rial (QAR).

What factors influence the conversion rate of MIM to QAR?

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