SIN
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 Sinverse(SIN) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 SIN at a value of 1 SIN for 0.01 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 Sinverse currency pair is the SIN to SAR, with for Sinverse's currency code being SIN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
SIN to SAR conversion rate trend
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In the past 1D, Sinverse has changed -2.41% to SAR. Based on the trend and price charts, Sinverse(SIN) has changed -2.41% to SAR while Saudi Riyal(SAR) has changed % to SIN in the last 24 hours.
How to buy Sinverse
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Buy Sinverse (SIN)
Use a variety of payment options to buy Sinverse on Bitget. We'll show you how.
Learn MoreBuy SIN (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of SIN with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy SIN with USDT via Bitget spot market.
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Sell SIN (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of SIN to SAR. However, you can first exchange SIN 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 Sinverse to Saudi Riyal?
Sinverse to Saudi Riyal is falling this week.Sinverse's current market price is ر.س 0.006328 per SIN, with a total market cap of ر.س 4,852,999.54 SAR based on a circulating supply of 766,944,200 SIN. The trading volume of Sinverse has changed by -32.11% (ر.س -222,485.05 SAR) in the last 24 hours. Last trading day, SIN's trading volume was ر.س 692,961.67.
Market cap
$1.29M
24h volume
$125.45K
Circulating supply
766.94M SIN
Conversion tables
The exchange rate of Sinverse is decreasing.1 SIN is currently valued at ر.س 0.006328 SAR , which means buying 5 SIN will cost ر.س 0.03164 SAR . Similarly, ر.س1 SAR can be traded for 158.04 SIN, and ر.س50 SAR can be converted to 7,901.75 SIN, excluding any platform or gas fees.
The exchange rate of 1 SIN to Saudi Riyal has changed by -4.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.41%, reaching a high of 0.006489 SAR and a low of 0.006199 SAR . One month ago, the value of 1 SIN was ر.س 0.008874 SAR , which represents a -28.71% change from its current value. Over the last year, Sinverse has changed by , resulting in a change of -85.38% in its value.
-ر.س
0.03691SARSIN to SAR
Amount
22:13 today
0.5 SIN
ر.س0.003164
1 SIN
ر.س0.006328
5 SIN
ر.س0.03164
10 SIN
ر.س0.06328
50 SIN
ر.س0.3164
100 SIN
ر.س0.6328
500 SIN
ر.س3.16
1000 SIN
ر.س6.33
SAR to SIN
Amount22:13 today
0.5SAR79.02 SIN
1SAR158.04 SIN
5SAR790.18 SIN
10SAR1,580.35 SIN
50SAR7,901.75 SIN
100SAR15,803.51 SIN
500SAR79,017.54 SIN
1000SAR158,035.08 SIN
Today vs. 24 hours ago
| Amount | 22:13 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SIN | $0.0008436 | $0.0008644 | -2.41% |
| 1 SIN | $0.001687 | $0.001729 | -2.41% |
| 5 SIN | $0.008436 | $0.008644 | -2.41% |
| 10 SIN | $0.01687 | $0.01729 | -2.41% |
| 50 SIN | $0.08436 | $0.08644 | -2.41% |
| 100 SIN | $0.1687 | $0.1729 | -2.41% |
| 500 SIN | $0.8436 | $0.8644 | -2.41% |
| 1000 SIN | $1.69 | $1.73 | -2.41% |
Today vs. 1 month ago
| Amount | 22:13 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SIN | $0.0008436 | $0.001183 | -28.71% |
| 1 SIN | $0.001687 | $0.002366 | -28.71% |
| 5 SIN | $0.008436 | $0.01183 | -28.71% |
| 10 SIN | $0.01687 | $0.02366 | -28.71% |
| 50 SIN | $0.08436 | $0.1183 | -28.71% |
| 100 SIN | $0.1687 | $0.2366 | -28.71% |
| 500 SIN | $0.8436 | $1.18 | -28.71% |
| 1000 SIN | $1.69 | $2.37 | -28.71% |
Today vs. 1 year ago
| Amount | 22:13 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SIN | $0.0008436 | $0.005765 | -85.38% |
| 1 SIN | $0.001687 | $0.01153 | -85.38% |
| 5 SIN | $0.008436 | $0.05765 | -85.38% |
| 10 SIN | $0.01687 | $0.1153 | -85.38% |
| 50 SIN | $0.08436 | $0.5765 | -85.38% |
| 100 SIN | $0.1687 | $1.15 | -85.38% |
| 500 SIN | $0.8436 | $5.76 | -85.38% |
| 1000 SIN | $1.69 | $11.53 | -85.38% |
Sinverse price prediction
What will the price of SIN be in 2026?
Based on SIN's historical price performance prediction model, the price of SIN is projected to reach $0.001825 in 2026.
What will the price of SIN be in 2031?
In 2031, the SIN price is expected to change by +42.00%. By the end of 2031, the SIN price is projected to reach $0.004011, with a cumulative ROI of +139.15%.
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Popular Sinverse conversions
Check out these popular currency conversions of Sinverse to several fiat currencies.
Sinverse to TWD
1 SIN to NT$ 0.05539 TWD
Sinverse to CNY
1 SIN to ¥ 0.01227 CNY
Sinverse to USD
1 SIN to $ 0.001687 USD
Sinverse to AUD
1 SIN to $ 0.002702 AUD
Sinverse to EUR
1 SIN to € 0.001592 EUR
Sinverse to CAD
1 SIN to $ 0.002445 CAD
Sinverse to SAR
1 SIN to ر.س 0.006328 SAR
Sinverse to KRW
1 SIN to ₩ 2.45 KRW
Sinverse to JPY
1 SIN to ¥ 0.2519 JPY
Sinverse to GBP
1 SIN to £ 0.001319 GBP
Sinverse to BRL
1 SIN to R$ 0.01048 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Sinverse.
Ethereum to SAR
1 ETH to ر.س 8,156.35 SAR
Bitcoin to SAR
1 BTC to ر.س 328,556.49 SAR
XO Protocol to SAR
1 XOXO to ر.س 0.04083 SAR
Sui to SAR
1 SUI to ر.س 9.46 SAR
TRON to SAR
1 TRX to ر.س 0.9106 SAR
Avalanche to SAR
1 AVAX to ر.س 75.52 SAR
Aave to SAR
1 AAVE to ر.س 784.19 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}2601 SAR
Shiba Inu to SAR
1 SHIB to ر.س 0.{4}4909 SAR
Hedera to SAR
1 HBAR to ر.س 0.9013 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 Sinverse 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 Sinverse 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 Sinverse 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.
