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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.94%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$82870.01 (-0.12%)Fear and Greed Index45(Neutral)
Total spot Bitcoin ETF netflow +$13.3M (1D); -$1.3B (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.94%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$82870.01 (-0.12%)Fear and Greed Index45(Neutral)
Total spot Bitcoin ETF netflow +$13.3M (1D); -$1.3B (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
FIDA
SAR
Last updated as of 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 Bonfida(FIDA) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 FIDA at a value of 1 FIDA for 0.42 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 Bonfida currency pair is the FIDA to SAR, with for Bonfida's currency code being FIDA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
FIDA to SAR conversion rate trend
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In the past 1D, Bonfida has changed +1.03% to SAR. Based on the trend and price charts, Bonfida(FIDA) has changed +1.03% to SAR while Saudi Riyal(SAR) has changed % to FIDA in the last 24 hours.
FIDA to SAR market statistics
FIDA/SAR:
ر.س 0.4165
FIDA 24h volume:
ر.س 61,005,676.99
FIDA market cap:
ر.س 412,746,838.65
FIDA circulating supply:
990.91M FIDA
More info about Bonfida on Bitget
Current FIDA to SAR exchange rate
Bonfida to Saudi Riyal is falling this week.Bonfida's current market price is ر.س 0.4165 per FIDA, with a total market cap of ر.س 412,746,838.65 SAR based on a circulating supply of 990,911,740 FIDA. The trading volume of Bonfida has changed by -34.95% (ر.س -32,781,683.79 SAR) in the last 24 hours. Last trading day, FIDA's trading volume was ر.س 93,787,360.78.
FIDA to SAR Conversion tables
The exchange rate of Bonfida is decreasing.1 FIDA is currently valued at ر.س 0.4165 SAR , which means buying 5 FIDA will cost ر.س 2.08 SAR . Similarly, ر.س1 SAR can be traded for 2.4 FIDA, and ر.س50 SAR can be converted to 120.04 FIDA, excluding any platform or gas fees.
The exchange rate of 1 FIDA to Saudi Riyal has changed by -9.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.03%, reaching a high of 0.4239 SAR and a low of 0.4080 SAR . One month ago, the value of 1 FIDA was ر.س 0.5700 SAR , which represents a -26.92% change from its current value. Over the last year, Bonfida has changed by , resulting in a change of -79.17% in its value.
-ر.س
1.58SARFIDA to SAR
Amount
12:14 today
0.5 FIDA
ر.س0.2083
1 FIDA
ر.س0.4165
5 FIDA
ر.س2.08
10 FIDA
ر.س4.17
50 FIDA
ر.س20.83
100 FIDA
ر.س41.65
500 FIDA
ر.س208.27
1000 FIDA
ر.س416.53
SAR to FIDA
Amount12:14 today
0.5SAR1.2 FIDA
1SAR2.4 FIDA
5SAR12 FIDA
10SAR24.01 FIDA
50SAR120.04 FIDA
100SAR240.08 FIDA
500SAR1,200.39 FIDA
1000SAR2,400.77 FIDA
FIDA to SAR Today vs. 24 hours ago
| Amount | 12:14 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FIDA | ر.س0.2083 | ر.س0.2061 | +1.03% |
| 1 FIDA | ر.س0.4165 | ر.س0.4123 | +1.03% |
| 5 FIDA | ر.س2.08 | ر.س2.06 | +1.03% |
| 10 FIDA | ر.س4.17 | ر.س4.12 | +1.03% |
| 50 FIDA | ر.س20.83 | ر.س20.61 | +1.03% |
| 100 FIDA | ر.س41.65 | ر.س41.23 | +1.03% |
| 500 FIDA | ر.س208.27 | ر.س206.14 | +1.03% |
| 1000 FIDA | ر.س416.53 | ر.س412.28 | +1.03% |
FIDA to SAR Today vs. 1 month ago
| Amount | 12:14 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FIDA | ر.س0.2083 | ر.س0.2850 | -26.92% |
| 1 FIDA | ر.س0.4165 | ر.س0.5700 | -26.92% |
| 5 FIDA | ر.س2.08 | ر.س2.85 | -26.92% |
| 10 FIDA | ر.س4.17 | ر.س5.7 | -26.92% |
| 50 FIDA | ر.س20.83 | ر.س28.5 | -26.92% |
| 100 FIDA | ر.س41.65 | ر.س57 | -26.92% |
| 500 FIDA | ر.س208.27 | ر.س284.99 | -26.92% |
| 1000 FIDA | ر.س416.53 | ر.س569.99 | -26.92% |
FIDA to SAR Today vs. 1 year ago
| Amount | 12:14 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FIDA | ر.س0.2083 | ر.س0.9996 | -79.17% |
| 1 FIDA | ر.س0.4165 | ر.س2 | -79.17% |
| 5 FIDA | ر.س2.08 | ر.س10 | -79.17% |
| 10 FIDA | ر.س4.17 | ر.س19.99 | -79.17% |
| 50 FIDA | ر.س20.83 | ر.س99.96 | -79.17% |
| 100 FIDA | ر.س41.65 | ر.س199.93 | -79.17% |
| 500 FIDA | ر.س208.27 | ر.س999.64 | -79.17% |
| 1000 FIDA | ر.س416.53 | ر.س1,999.28 | -79.17% |
How to convert FIDA to SAR
Create Your Free Bitget Account
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert FIDA to SAR
Use a variety of payment options to buy Bonfida on Bitget. We'll show you how.
Buy FIDA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of FIDA with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy FIDA 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 FIDA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of FIDA to SAR. However, you can first exchange FIDA 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 FIDA to SAR?
There are many factors that affect the relationship between Solana Name Service and Saudi Riyal, 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 FIDA/SAR. When there is positive news in the market about the widespread adoption of FIDA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FIDA/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FIDA/SAR.
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.
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 FIDA/SAR. 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 Solana Name Service and adjust their investment strategies accordingly in the evolving market.
Bonfida price prediction
What will the price of FIDA be in 2026?
Based on FIDA's historical price performance prediction model, the price of FIDA is projected to reach $0.1356 in 2026.
What will the price of FIDA be in 2031?
In 2031, the FIDA price is expected to change by +4.00%. By the end of 2031, the FIDA price is projected to reach $0.2438, with a cumulative ROI of +117.81%.
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Popular Bonfida Converter
Check out these popular currency conversions of Bonfida to several fiat currencies.
FIDA to TWD
1 FIDA to NT$ 3.66 TWD
FIDA to CNY
1 FIDA to ¥ 0.8046 CNY
FIDA to USD
1 FIDA to $ 0.1111 USD
FIDA to AUD
1 FIDA to $ 0.1766 AUD
FIDA to EUR
1 FIDA to € 0.1022 EUR
FIDA to CAD
1 FIDA to $ 0.1596 CAD
FIDA to SAR
1 FIDA to ر.س 0.4165 SAR
FIDA to KRW
1 FIDA to ₩ 161.63 KRW
FIDA to JPY
1 FIDA to ¥ 16.45 JPY
FIDA to GBP
1 FIDA to £ 0.08571 GBP
FIDA to BRL
1 FIDA to R$ 0.6442 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Bonfida.
NEI to SAR
1 NEI to ر.س 0.03030 SAR
PI to SAR
1 PI to ر.س 6.45 SAR
RED to SAR
1 RED to ر.س 2.17 SAR
LAYER to SAR
1 LAYER to ر.س 4.28 SAR
TRUMP to SAR
1 TRUMP to ر.س 39.81 SAR
TROY to SAR
1 TROY to ر.س 0.005503 SAR
KAITO to SAR
1 KAITO to ر.س 5.57 SAR
IP to SAR
1 IP to ر.س 22.22 SAR
BCH to SAR
1 BCH to ر.س 1,254.41 SAR
PEPE to SAR
1 PEPE to ر.س 0.{4}2707 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 Solana Name Service 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 Solana Name Service 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 Solana Name Service 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.
