From Middle English mickle, michel, mikel, mochel, muchel, mukel, from Old English miċel, myċel or Old Norse mikill ("great, tall; much"), both from Proto-Germanic *mikilaz ("great, large; many, much"), from Proto-Indo-European *méǵh₂s ("big, great"). The word is cognate with Icelandic mikill ("large in quantity or number; much; great").
For the adverb and noun forms, compare Middle English muchel ("extensively, greatly, much") and Middle English muchel ("large amount").
The noun sense “a small amount” was due to the proverb many a little makes a mickle being incorrectly rendered as many a mickle makes a muckle, leading to mickle being thought to mean “a small quantity” and muckle to mean “a large quantity”, even though muckle is a variant of mickle and both mean “a large quantity”.
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