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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.99%
New listings on Bitget: Pi Network
BTC/USDT$84448.00 (-0.59%)Fear and Greed Index33(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow +$106.9M (1D); -$264M (7D).Welcome 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 dominance62.99%
New listings on Bitget: Pi Network
BTC/USDT$84448.00 (-0.59%)Fear and Greed Index33(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketINITTotal spot Bitcoin ETF netflow +$106.9M (1D); -$264M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
MTL
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 Metal DAO(MTL) to Bermudan Dollar(SAR). This is the real-time data. The current conversion shows 1 MTL at a value of 1 MTL for 3.14 SAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
SAR information
About the Bermudan Dollar（BMD）
The Bermudan Dollar, the official currency of Bermuda, is a unique symbol of the island's rich heritage and its dynamic role in the global economy. It is commonly abbreviated as BMD and represented by the symbol $. As a British Overseas Territory located in the North Atlantic Ocean, Bermuda's currency reflects its historical ties to the United Kingdom and its modern-day economic relationships.
Historical Background
Bermuda, known for its picturesque landscapes and vibrant culture, introduced the Bermudan Dollar (BMD) in 1970. This move was part of a broader decolonization trend and the desire for a distinct national identity. The Bermudan Dollar replaced the Bermudian pound at a rate of 1:1, symbolizing a shift towards closer economic ties with the United States.
Design and Symbolism
The design of Bermudan currency is a tapestry of the island's natural beauty, culture, and history. Banknotes and coins feature iconic imagery such as the Bermuda petrel, historic ships, and landmarks like St. Peter's Church. These designs serve not just as legal tender but as ambassadors of Bermuda's rich heritage and biodiversity.
Economic Role
The Bermudan Dollar is pegged to the US Dollar at a one-to-one ratio, a policy that underscores Bermuda's close economic relationship with the United States. This peg has been crucial in maintaining economic stability, particularly for a country that relies heavily on tourism and international business, primarily insurance and reinsurance.
The Tourism and International Business Connection
Tourism is a vital part of Bermuda's economy, with the Bermudan Dollar playing a central role. The currency's parity with the US Dollar simplifies transactions for the majority of tourists, who come from the United States. Additionally, Bermuda's status as an international business hub, particularly in insurance and reinsurance, has made the Bermudan Dollar an important player in global financial transactions.
The Bermudan Dollar in Global Finance
On the international stage, the Bermudan Dollar's parity with the US Dollar ensures its stability and reliability. This stability is crucial for Bermuda's international business sector, which deals with large-scale financial transactions. The country's regulatory environment, coupled with its currency stability, makes Bermuda an attractive destination for international business and finance.
Bitget crypto-to-fiat exchange data shows that the most popular Metal DAO currency pair is the MTL to SAR, with for Metal DAO's currency code being MTL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
MTL to SAR conversion rate trend
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In the past 1D, Metal DAO has changed +2.04% to SAR. Based on the trend and price charts, Metal DAO(MTL) has changed +2.04% to SAR while Bermudan Dollar(SAR) has changed % to MTL in the last 24 hours.
MTL to SAR market statistics
MTL/SAR:
ر.س 3.14
MTL 24h volume:
ر.س 16,868,635.55
MTL market cap:
ر.س 265,459,316.49
MTL circulating supply:
84.65M MTL
More info about Metal DAO on Bitget
Current MTL to SAR exchange rate
Metal DAO to Bermudan Dollar is rising this week.Metal DAO's current market price is ر.س 3.14 per MTL, with a total market cap of ر.س 265,459,316.49 SAR based on a circulating supply of 84,646,960 MTL. The trading volume of Metal DAO has changed by -44.08% (ر.س -13,296,320.47 SAR) in the last 24 hours. Last trading day, MTL's trading volume was ر.س 30,164,956.03.
MTL to SAR Conversion tables
The exchange rate of Metal DAO is increasing.1 MTL is currently valued at ر.س 3.14 SAR , which means buying 5 MTL will cost ر.س 15.68 SAR . Similarly, ر.س1 SAR can be traded for 0.3189 MTL, and ر.س50 SAR can be converted to 15.94 MTL, excluding any platform or gas fees.
The exchange rate of 1 MTL to Bermudan Dollar has changed by +13.35% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.04%, reaching a high of 3.23 SAR and a low of 2.98 SAR . One month ago, the value of 1 MTL was ر.س 3 SAR , which represents a +4.51% change from its current value. Over the last year, Metal DAO has changed by , resulting in a change of -45.40% in its value.
-ر.س
2.61SARMTL to SAR
Amount
17:03 today
0.5 MTL
ر.س1.57
1 MTL
ر.س3.14
5 MTL
ر.س15.68
10 MTL
ر.س31.36
50 MTL
ر.س156.8
100 MTL
ر.س313.61
500 MTL
ر.س1,568.04
1000 MTL
ر.س3,136.08
SAR to MTL
Amount17:03 today
0.5SAR0.1594 MTL
1SAR0.3189 MTL
5SAR1.59 MTL
10SAR3.19 MTL
50SAR15.94 MTL
100SAR31.89 MTL
500SAR159.43 MTL
1000SAR318.87 MTL
MTL to SAR Today vs. 24 hours ago
| Amount | 17:03 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MTL | ر.س1.57 | ر.س1.54 | +2.04% |
| 1 MTL | ر.س3.14 | ر.س3.07 | +2.04% |
| 5 MTL | ر.س15.68 | ر.س15.37 | +2.04% |
| 10 MTL | ر.س31.36 | ر.س30.74 | +2.04% |
| 50 MTL | ر.س156.8 | ر.س153.68 | +2.04% |
| 100 MTL | ر.س313.61 | ر.س307.35 | +2.04% |
| 500 MTL | ر.س1,568.04 | ر.س1,536.76 | +2.04% |
| 1000 MTL | ر.س3,136.08 | ر.س3,073.51 | +2.04% |
MTL to SAR Today vs. 1 month ago
| Amount | 17:03 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MTL | ر.س1.57 | ر.س1.5 | +4.51% |
| 1 MTL | ر.س3.14 | ر.س3 | +4.51% |
| 5 MTL | ر.س15.68 | ر.س15 | +4.51% |
| 10 MTL | ر.س31.36 | ر.س30.01 | +4.51% |
| 50 MTL | ر.س156.8 | ر.س150.04 | +4.51% |
| 100 MTL | ر.س313.61 | ر.س300.08 | +4.51% |
| 500 MTL | ر.س1,568.04 | ر.س1,500.39 | +4.51% |
| 1000 MTL | ر.س3,136.08 | ر.س3,000.77 | +4.51% |
MTL to SAR Today vs. 1 year ago
| Amount | 17:03 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MTL | ر.س1.57 | ر.س2.87 | -45.40% |
| 1 MTL | ر.س3.14 | ر.س5.74 | -45.40% |
| 5 MTL | ر.س15.68 | ر.س28.72 | -45.40% |
| 10 MTL | ر.س31.36 | ر.س57.44 | -45.40% |
| 50 MTL | ر.س156.8 | ر.س287.2 | -45.40% |
| 100 MTL | ر.س313.61 | ر.س574.39 | -45.40% |
| 500 MTL | ر.س1,568.04 | ر.س2,871.97 | -45.40% |
| 1000 MTL | ر.س3,136.08 | ر.س5,743.95 | -45.40% |
How to convert MTL to SAR
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Learn moreBuy MTL (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of MTL with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy MTL with USDT via Bitget spot market.
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Sell MTL (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of MTL to SAR. However, you can first exchange MTL for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of MTL to SAR?
There are many factors that affect the relationship between Metal DAO 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 MTL/SAR. When there is positive news in the market about the widespread adoption of MTL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MTL/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MTL/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 MTL/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 Metal DAO and adjust their investment strategies accordingly in the evolving market.
Metal DAO Price Prediction
What will the price of MTL be in 2026?
Based on MTL's historical price performance prediction model, the price of MTL is projected to reach $0.7792 in 2026.
What will the price of MTL be in 2031?
In 2031, the MTL price is expected to change by +49.00%. By the end of 2031, the MTL price is projected to reach $2.24, with a cumulative ROI of +173.52%.
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Popular Metal DAO Converter
Check out these popular currency conversions of Metal DAO to several fiat currencies.
MTL to TWD
1 MTL to NT$ 27.18 TWD
MTL to CNY
1 MTL to ¥ 6.1 CNY
MTL to BMD
1 MTL to $ 0.8358 BMD
MTL to USD
1 MTL to $ 0.8358 USD
MTL to EUR
1 MTL to € 0.7350 EUR
MTL to CAD
1 MTL to C$ 1.16 CAD
MTL to KRW
1 MTL to ₩ 1,185.55 KRW
MTL to JPY
1 MTL to ¥ 119.02 JPY
MTL to GBP
1 MTL to £ 0.6301 GBP
MTL to BRL
1 MTL to R$ 4.85 BRL
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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 Metal DAO 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 Metal DAO 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 Metal DAO 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.
