UNIT
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 Universal Currency(UNIT) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 UNIT at a value of 1 UNIT 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 Universal Currency currency pair is the UNIT to SAR, with for Universal Currency's currency code being UNIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
UNIT to SAR conversion rate trend
1D7D1M3M1YAll
In the past 1D, Universal Currency has changed +2.45% to SAR. Based on the trend and price charts, Universal Currency(UNIT) has changed +2.45% to SAR while Saudi Riyal(SAR) has changed % to UNIT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.005020 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/01 08:35:06(UTC+0)
How to buy Universal Currency
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Universal Currency (UNIT)
Use a variety of payment options to buy Universal Currency on Bitget. We'll show you how.
Buy UNIT (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of UNIT with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy UNIT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell UNIT (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of UNIT to SAR. However, you can first exchange UNIT 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Universal Currency to Saudi Riyal?
Universal Currency to Saudi Riyal is rising this week.Universal Currency's current market price is ر.س 0.005020 per UNIT, with a total market cap of ر.س 0 SAR based on a circulating supply of -- UNIT. The trading volume of Universal Currency has changed by 0.00% (ر.س 0 SAR) in the last 24 hours. Last trading day, UNIT's trading volume was ر.س 0.
Market cap
$0
24h volume
$0
Circulating supply
0 UNIT
Conversion tables
The exchange rate of Universal Currency is increasing.1 UNIT is currently valued at ر.س 0.005020 SAR , which means buying 5 UNIT will cost ر.س 0.02510 SAR . Similarly, ر.س1 SAR can be traded for 199.21 UNIT, and ر.س50 SAR can be converted to 9,960.35 UNIT, excluding any platform or gas fees.
The exchange rate of 1 UNIT to Saudi Riyal has changed by +10.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.45%, reaching a high of 0.004644 SAR and a low of 0.004473 SAR . One month ago, the value of 1 UNIT was ر.س 0.004375 SAR , which represents a +16.15% change from its current value. Over the last year, Universal Currency has changed by , resulting in a change of -8.09% in its value.
-ر.س
0.0004084SARUNIT to SAR
Amount
09:20 am today
0.5 UNIT
ر.س0.002510
1 UNIT
ر.س0.005020
5 UNIT
ر.س0.02510
10 UNIT
ر.س0.05020
50 UNIT
ر.س0.2510
100 UNIT
ر.س0.5020
500 UNIT
ر.س2.51
1000 UNIT
ر.س5.02
SAR to UNIT
Amount09:20 am today
0.5SAR99.6 UNIT
1SAR199.21 UNIT
5SAR996.04 UNIT
10SAR1,992.07 UNIT
50SAR9,960.35 UNIT
100SAR19,920.7 UNIT
500SAR99,603.52 UNIT
1000SAR199,207.04 UNIT
Today vs. 24 hours ago
| Amount | 09:20 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UNIT | $0.0006681 | $0.0006533 | +2.45% |
| 1 UNIT | $0.001336 | $0.001307 | +2.45% |
| 5 UNIT | $0.006681 | $0.006533 | +2.45% |
| 10 UNIT | $0.01336 | $0.01307 | +2.45% |
| 50 UNIT | $0.06681 | $0.06533 | +2.45% |
| 100 UNIT | $0.1336 | $0.1307 | +2.45% |
| 500 UNIT | $0.6681 | $0.6533 | +2.45% |
| 1000 UNIT | $1.34 | $1.31 | +2.45% |
Today vs. 1 month ago
| Amount | 09:20 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UNIT | $0.0006681 | $0.0005823 | +16.15% |
| 1 UNIT | $0.001336 | $0.001165 | +16.15% |
| 5 UNIT | $0.006681 | $0.005823 | +16.15% |
| 10 UNIT | $0.01336 | $0.01165 | +16.15% |
| 50 UNIT | $0.06681 | $0.05823 | +16.15% |
| 100 UNIT | $0.1336 | $0.1165 | +16.15% |
| 500 UNIT | $0.6681 | $0.5823 | +16.15% |
| 1000 UNIT | $1.34 | $1.16 | +16.15% |
Today vs. 1 year ago
| Amount | 09:20 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UNIT | $0.0006681 | $0.0007225 | -8.09% |
| 1 UNIT | $0.001336 | $0.001445 | -8.09% |
| 5 UNIT | $0.006681 | $0.007225 | -8.09% |
| 10 UNIT | $0.01336 | $0.01445 | -8.09% |
| 50 UNIT | $0.06681 | $0.07225 | -8.09% |
| 100 UNIT | $0.1336 | $0.1445 | -8.09% |
| 500 UNIT | $0.6681 | $0.7225 | -8.09% |
| 1000 UNIT | $1.34 | $1.44 | -8.09% |
Universal Currency price prediction
What will the price of UNIT be in 2025?
Based on UNIT's historical price performance prediction model, the price of UNIT is projected to reach $0.001535 in 2025.
What will the price of UNIT be in 2030?
In 2030, the UNIT price is expected to change by +2.00%. By the end of 2030, the UNIT price is projected to reach $0.001892, with a cumulative ROI of +41.57%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Universal Currency conversions
Check out these popular currency conversions of Universal Currency to several fiat currencies.
Universal Currency to USD
1 UNIT to $ 0.001336 USD
Universal Currency to GBP
1 UNIT to £ 0.001049 GBP
Universal Currency to EUR
1 UNIT to € 0.001263 EUR
Universal Currency to KRW
1 UNIT to ₩ 1.86 KRW
Universal Currency to CAD
1 UNIT to $ 0.001872 CAD
Universal Currency to AUD
1 UNIT to $ 0.002053 AUD
Universal Currency to JPY
1 UNIT to ¥ 0.2001 JPY
Universal Currency to BRL
1 UNIT to R$ 0.007982 BRL
Universal Currency to CNY
1 UNIT to ¥ 0.009683 CNY
Universal Currency to TWD
1 UNIT to NT$ 0.04336 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Universal Currency.
XRP to SAR
1 XRP to ر.س 7.28 SAR
AIOZ Network to SAR
1 AIOZ to ر.س 4.1 SAR
Hyperliquid to SAR
1 HYPE to ر.س -- SAR
NEAR Protocol to SAR
1 NEAR to ر.س 26.04 SAR
Bitcoin to SAR
1 BTC to ر.س 364,650.42 SAR
Virtuals Protocol to SAR
1 VIRTUAL to ر.س 5.99 SAR
Artificial Superintelligence Alliance to SAR
1 FET to ر.س 7.05 SAR
Shiba Inu to SAR
1 SHIB to ر.س 0.0001116 SAR
Solana to SAR
1 SOL to ر.س 893.74 SAR
Ethereum to SAR
1 ETH to ر.س 13,917.93 SAR
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Universal Currency 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 Universal Currency 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 Universal Currency 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.
