ABEY
SAR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Abey(ABEY) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 ABEY at a value of 1 ABEY for 0.50 SAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
SAR 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 Abey currency pair is the ABEY to SAR, with for Abey's currency code being ABEY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
ABEY to SAR conversion rate trend
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In the past 1D, Abey has changed -0.31% to SAR. Based on the trend and price charts, Abey(ABEY) has changed -0.31% to SAR while Saudi Riyal(SAR) has changed % to ABEY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.5022 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/28 08:32:04(UTC+0)
How to buy Abey
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Abey (ABEY)
Use a variety of payment options to buy Abey on Bitget. We'll show you how.
Buy ABEY (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of ABEY with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy ABEY with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell ABEY (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of ABEY to SAR. However, you can first exchange ABEY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Abey to Saudi Riyal?
Abey to Saudi Riyal is falling this week.Abey's current market price is ر.س 0.5036 per ABEY, with a total market cap of ر.س 0 SAR based on a circulating supply of -- ABEY. The trading volume of Abey has changed by +8.81% (ر.س 176,821.17 SAR) in the last 24 hours. Last trading day, ABEY's trading volume was ر.س 2,007,916.76.
Market cap
$0
24h volume
$581.59K
Circulating supply
0 ABEY
Conversion tables
The exchange rate of Abey is decreasing.1 ABEY is currently valued at ر.س 0.5036 SAR , which means buying 5 ABEY will cost ر.س 2.52 SAR . Similarly, ر.س1 SAR can be traded for 1.99 ABEY, and ر.س50 SAR can be converted to 99.29 ABEY, excluding any platform or gas fees.
The exchange rate of 1 ABEY to Saudi Riyal has changed by -8.56% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.31%, reaching a high of 0.5092 SAR and a low of 0.4895 SAR . One month ago, the value of 1 ABEY was ر.س 0.5250 SAR , which represents a -4.08% change from its current value. Over the last year, Abey has changed by , resulting in a change of -65.37% in its value.
-ر.س
0.9504SARABEY to SAR
Amount
08:58 am today
0.5 ABEY
ر.س0.2518
1 ABEY
ر.س0.5036
5 ABEY
ر.س2.52
10 ABEY
ر.س5.04
50 ABEY
ر.س25.18
100 ABEY
ر.س50.36
500 ABEY
ر.س251.78
1000 ABEY
ر.س503.56
SAR to ABEY
Amount08:58 am today
0.5SAR0.9929 ABEY
1SAR1.99 ABEY
5SAR9.93 ABEY
10SAR19.86 ABEY
50SAR99.29 ABEY
100SAR198.59 ABEY
500SAR992.93 ABEY
1000SAR1,985.85 ABEY
Today vs. 24 hours ago
| Amount | 08:58 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ABEY | $0.06703 | $0.06724 | -0.31% |
| 1 ABEY | $0.1341 | $0.1345 | -0.31% |
| 5 ABEY | $0.6703 | $0.6724 | -0.31% |
| 10 ABEY | $1.34 | $1.34 | -0.31% |
| 50 ABEY | $6.7 | $6.72 | -0.31% |
| 100 ABEY | $13.41 | $13.45 | -0.31% |
| 500 ABEY | $67.03 | $67.24 | -0.31% |
| 1000 ABEY | $134.05 | $134.47 | -0.31% |
Today vs. 1 month ago
| Amount | 08:58 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ABEY | $0.06703 | $0.06987 | -4.08% |
| 1 ABEY | $0.1341 | $0.1397 | -4.08% |
| 5 ABEY | $0.6703 | $0.6987 | -4.08% |
| 10 ABEY | $1.34 | $1.4 | -4.08% |
| 50 ABEY | $6.7 | $6.99 | -4.08% |
| 100 ABEY | $13.41 | $13.97 | -4.08% |
| 500 ABEY | $67.03 | $69.87 | -4.08% |
| 1000 ABEY | $134.05 | $139.75 | -4.08% |
Today vs. 1 year ago
| Amount | 08:58 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ABEY | $0.06703 | $0.1935 | -65.37% |
| 1 ABEY | $0.1341 | $0.3870 | -65.37% |
| 5 ABEY | $0.6703 | $1.94 | -65.37% |
| 10 ABEY | $1.34 | $3.87 | -65.37% |
| 50 ABEY | $6.7 | $19.35 | -65.37% |
| 100 ABEY | $13.41 | $38.7 | -65.37% |
| 500 ABEY | $67.03 | $193.52 | -65.37% |
| 1000 ABEY | $134.05 | $387.04 | -65.37% |
Abey price prediction
What will the price of ABEY be in 2025?
Based on ABEY's historical price performance prediction model, the price of ABEY is projected to reach $0.1882 in 2025.
What will the price of ABEY be in 2030?
In 2030, the ABEY price is expected to change by -15.00%. By the end of 2030, the ABEY price is projected to reach $0.2884, with a cumulative ROI of +114.32%.
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Popular Abey conversions
Check out these popular currency conversions of Abey to several fiat currencies.
Abey to USD
1 ABEY to $ 0.1341 USD
Abey to GBP
1 ABEY to £ 0.1059 GBP
Abey to EUR
1 ABEY to € 0.1271 EUR
Abey to KRW
1 ABEY to ₩ 187.02 KRW
Abey to CAD
1 ABEY to $ 0.1880 CAD
Abey to AUD
1 ABEY to $ 0.2067 AUD
Abey to JPY
1 ABEY to ¥ 20.32 JPY
Abey to BRL
1 ABEY to R$ 0.7967 BRL
Abey to CNY
1 ABEY to ¥ 0.9724 CNY
Abey to TWD
1 ABEY to NT$ 4.36 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Abey.
THENA to SAR
1 THE to ر.س 14.07 SAR
SolarX to SAR
1 SXCH to ر.س 0.09522 SAR
MAD to SAR
1 MAD to ر.س 0.0001451 SAR
Bitcoin to SAR
1 BTC to ر.س 358,571.22 SAR
Solana to SAR
1 SOL to ر.س 896.4 SAR
Just a chill guy to SAR
1 CHILLGUY to ر.س 2.01 SAR
Ethereum to SAR
1 ETH to ر.س 13,620.28 SAR
Cardano to SAR
1 ADA to ر.س 3.75 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}7431 SAR
XRP to SAR
1 XRP to ر.س 5.51 SAR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Abey and SAR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Abey and SAR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Abey in SAR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
