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MIM to RUB Converter and calculator

MIM/RUB: 1 MIM = 82.85 RUB. The price of converting 1 Magic Internet Money (MIM) to Russian Ruble (RUB) is 82.85 RUB today.
MIM
MIM
RUB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MIM to RUB real-time exchange rates, making it easy to convert Magic Internet Money (MIM) to Russian Ruble (RUB). The conversion result is based on real-time data. The conversion result shows that 1 MIM is currently valued at 82.85 RUB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MIM is currently valued at 82.85 RUB, which means buying 5 MIM would cost 414.25 RUB. Similarly, ₽1 RUB can be converted to 0.01207 MIM, and ₽50 RUB can be converted to 0.06035 MIM, excluding any platform or gas fees.

Convert MIM to RUB

Convert RUB to MIM

Magic Internet Money
Russian Ruble
5000 MIM
414,249.99  RUB
10000 MIM
828,499.98  RUB
In the table above, you'll find a comprehensive MIM to RUB converter that shows the value of Magic Internet Money in Russian Ruble across commonly used conversion amounts. The list covers conversions from 1 MIM to RUB, all the way up to 10000 MIM, providing a clear view of their respective values.
Russian Ruble
Magic Internet Money
In the table above, you'll find a comprehensive RUB to MIM converter that shows the value of Russian Ruble in Magic Internet Money across commonly used conversion amounts. The list covers conversions from 1 RUB to MIM, all the way up to 100000 RUB, providing a clear view of their respective values.

MIM to RUB chart

MIM/RUB: 1 MIM = 82.85 RUB; 2025/04/28 23:38:43
In the past 1D, Magic Internet Money has changed +0.40% to RUB. Based on the trend and price charts, Magic Internet Money(MIM) has changed +0.40% to RUB while Russian Ruble(RUB) has changed % to MIM in the last 24 hours.
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MIM to RUB conversion data: Volatility and price changes of Magic Internet Money in RUB

The highest Magic Internet Money price in RUB over the past 7 days was 83.22 RUB while the lowest Magic Internet Money price in RUB over the past 7 days was 82.26 RUB. The relative change between the highs and lows in Magic Internet Money price in RUB over the last 7 days indicates a volatility of %. You can view additional volatility data and MIM to RUB 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
82.97 RUB
83.22 RUB
83.22 RUB
96.64 RUB
Low
82.48 RUB
82.26 RUB
81.97 RUB
79.42 RUB
Average
0 RUB
0 RUB
0 RUB
0 RUB
Volatility
%
%
%
%
Change
+0.40%
+0.52%
+0.75%
+0.31%

Magic Internet Money information

MIM to RUB market statistics

MIM/RUB:
₽82.85
MIM 24h volume:
₽6,539,101.83
MIM market cap:
--
MIM circulating supply:
0 MIM

Current MIM to RUB exchange rate

Magic Internet Money to Russian Ruble is rising this week.
Magic Internet Money's current market price is ₽82.85 per MIM, with a total market cap of ₽0 RUB based on a circulating supply of -- MIM. The trading volume of Magic Internet Money has changed by +24.27% (₽1,277,301.93 RUB) in the last 24 hours. Last trading day, MIM's trading volume was ₽5,261,799.9.

More info about Magic Internet Money on Bitget

Russian Ruble information

About the Russian Ruble (RUB)

What Is the Russian Ruble (RUB)?

The Russian Ruble (RUB), symbolized as ₽, is the national currency of Russia and holds the distinction of being the second oldest currency in the world, following the British Pound Sterling. Its roots trace back to the 14th century, with a significant milestone in 1704 when it became the first European currency to be decimalized, dividing the ruble into 100 kopeks. The Russian Ruble is the sole legal tender in Russia, and it is used for all transactions within the country.

The Russian Ruble is issued by the Central Bank of Russia, also known as the Bank of Russia. This institution is responsible for the production and distribution of ruble banknotes and coins, and it plays a crucial role in maintaining the stability and integrity of the Russian currency. The Central Bank of Russia also implements monetary policy, manages foreign exchange reserves, and works to ensure the overall stability of the financial system in Russia.

What Is the History of RUB?

In 1704, under Peter the Great's rule, the ruble was standardized to 28 grams of silver. This standard underwent a change in 1885, adjusting the gold content but retaining the silver ruble's value. The Soviet era saw further transformations, with the introduction of new notes and coins in 1991, followed by a significant reform in 1993 aimed at phasing out Soviet-era currencies.

Notes and Coins of RUB

The Russian Ruble is issued in both coin and banknote forms, each with distinctive features and denominations. Coins come in various denominations, including 1, 2, 5, 10 rubles, and smaller values like 1, 5, 10, and 50 kopeks. These coins are distinguished by their size, composition (often a blend of nickel and brass). On the other hand, Ruble banknotes are printed in denominations of 50, 100, 200, 500, 1000, 2000, and 5000 rubles. The banknotes are made of durable polymer or high-quality paper, featuring advanced security elements to prevent counterfeiting.

Modern Russian Ruble

In recent years, the Russian Ruble has seen further innovations. 2009 marked the introduction of a new 10-ruble coin with advanced security features. The Central Bank of Russia also released new 200 and 2,000 ruble notes in 2017, featuring icons and cities chosen through an online poll. Despite these changes, the ruble's value has been subject to fluctuations, often influenced by political and economic factors rather than its strong oil export background.

Ruble in International Trade

A significant move in international trade came in 2010 when Russia and China agreed to use their currencies instead of the USD for bilateral trade. This decision aimed to strengthen their economies and reduce dependency on the US dollar, especially during economic crises. However, the ruble's value is not strongly correlated with oil prices, a major Russian export, due to ongoing political uncertainties within Russia.

Why Is the Russian Ruble Not a Strong Currency?

The Russian Ruble has historically not been considered a strong currency due to several key reasons. Economic instability and the impact of international sanctions, particularly following geopolitical events like the annexation of Crimea in 2014, have significantly influenced its value. The Russian economy's heavy reliance on oil and gas exports makes the ruble vulnerable to global commodity price fluctuations, often leading to revenue instability. Additionally, periods of high inflation have eroded the currency's value. Political risks and governance issues in Russia further exacerbate this situation, as they can deter foreign investment and shake global confidence in the ruble. Moreover, the monetary policy decisions of the Central Bank of Russia, which sometimes prioritize controlling inflation over maintaining a strong currency, also play a crucial role.

Do Russia and Belarus Both Use Ruble?

Yes, both Russia and Belarus use currencies called the "Ruble," but they are distinct from each other. Russia uses the Russian Ruble (RUB), while Belarus has its own currency, the Belarusian Ruble (BYN). Despite sharing a name, these are separate currencies with different values and are managed independently by their respective countries' central banks.

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

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How to convert MIM to RUB

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

The exchange rate of Magic Internet Money is increasing.
The exchange rate of 1 MIM to Russian Ruble 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 82.97 RUB and a low of 82.48 RUB . One month ago, the value of 1 MIM was ₽82.24 RUB , which represents a +0.75% change from its current value. Over the last year, Magic Internet Money has changed by
+
0.7546RUB
, 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 MIM₽41.42₽41.26
+0.40%
1 MIM₽82.85₽82.52
+0.40%
5 MIM₽414.25₽412.59
+0.40%
10 MIM₽828.5₽825.18
+0.40%
50 MIM₽4,142.5₽4,125.89
+0.40%
100 MIM₽8,285₽8,251.79
+0.40%
500 MIM₽41,425₽41,258.93
+0.40%
1000 MIM₽82,850₽82,517.86
+0.40%

MIM to RUB FAQ

How much is 1 Magic Internet Money in RUB?
Right now, the price of 1 Magic Internet Money (MIM) in Russian Ruble (RUB) is ₽82.85.
How much MIM can I buy for 1 RUB?
Based on the current exchange rate, you can get 0.01207 MIM for 1 RUB.
How do I calculate or convert MIM to RUB?
You can use our MIM to RUB calculator at the top of this page to convert any amount of MIM to RUB. We've also included quick-reference tables for the most popular conversions. For example, 5 RUB is equivalent to 0.06035 MIM, while 5 MIM will cost around 414.25RUB.
What is the highest price of MIM/RUB in history?
The all-time high price of 1 MIM in RUB is ₽224.29. It remains to be seen if the value of 1 MIM/RUB will exceed the current all-time high.
What is the price trend of Magic Internet Money in RUB?
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 Russian Ruble (RUB).

What factors influence the conversion rate of MIM to RUB?

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