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MITH to SAR Converter and calculator

MITH/SAR: 1 MITH = 0.0007375 SAR. The price of converting 1 Mithril (MITH) to Saudi Riyal (SAR) is 0.0007375 SAR today.
MITH
MITH
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MITH to SAR real-time exchange rates, making it easy to convert Mithril (MITH) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 MITH is currently valued at 0.00 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MITH is currently valued at 0.00 SAR, which means buying 5 MITH would cost 0.00 SAR. Similarly, ر.س1 SAR can be converted to 1,355.87 MITH, and ر.س50 SAR can be converted to 6,779.34 MITH, excluding any platform or gas fees.

Convert MITH to SAR

Convert SAR to MITH

Mithril
Saudi Riyal
1 MITH
0.0007375  SAR
10 MITH
0.007375  SAR
100 MITH
0.07375  SAR
1000 MITH
0.7375  SAR
In the table above, you'll find a comprehensive MITH to SAR converter that shows the value of Mithril in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 MITH to SAR, all the way up to 10000 MITH, providing a clear view of their respective values.
Saudi Riyal
Mithril
100 SAR
135,586.82 MITH
200 SAR
271,173.65 MITH
500 SAR
677,934.12 MITH
1000 SAR
1,355,868.24 MITH
2000 SAR
2,711,736.48 MITH
5000 SAR
6,779,341.2 MITH
10000 SAR
13,558,682.39 MITH
50000 SAR
67,793,411.97 MITH
100000 SAR
135,586,823.94 MITH
In the table above, you'll find a comprehensive SAR to MITH converter that shows the value of Saudi Riyal in Mithril across commonly used conversion amounts. The list covers conversions from 1 SAR to MITH, all the way up to 100000 SAR, providing a clear view of their respective values.

MITH to SAR chart

MITH/SAR: 1 MITH = 0.0007375 SAR; 2025/05/03 20:35:24
In the past 1D, Mithril has changed +12.00% to SAR. Based on the trend and price charts, Mithril(MITH) has changed +12.00% to SAR while Saudi Riyal(SAR) has changed % to MITH in the last 24 hours.
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MITH to SAR conversion data: Volatility and price changes of Mithril in SAR

The highest Mithril price in SAR over the past 7 days was 0.0008415 SAR while the lowest Mithril price in SAR over the past 7 days was 0.0006016 SAR. The relative change between the highs and lows in Mithril price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MITH to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0008415 SAR
0.0008415 SAR
0.0008588 SAR
0.001037 SAR
Low
0.0006385 SAR
0.0006016 SAR
0.0005315 SAR
0.0005029 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+12.00%
+9.00%
+25.30%
+5.80%

Mithril information

MITH to SAR market statistics

MITH/SAR:
ر.س0.0007375
MITH 24h volume:
ر.س67,400.58
MITH market cap:
ر.س737,534.82
MITH circulating supply:
1.00B MITH

Current MITH to SAR exchange rate

Mithril to Saudi Riyal is rising this week.
Mithril's current market price is ر.س0.0007375 per MITH, with a total market cap of ر.س737,534.82 SAR based on a circulating supply of 1,000,000,000 MITH. The trading volume of Mithril has changed by +4.76% (ر.س3,062.68 SAR) in the last 24 hours. Last trading day, MITH's trading volume was ر.س64,337.9.

More info about Mithril on Bitget

Saudi Riyal 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 Mithril currency pair is the MITH to SAR, with for Mithril's currency code being MITH. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert MITH to SAR

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MITH to SAR Conversion tables

The exchange rate of Mithril is increasing.
The exchange rate of 1 MITH to Saudi Riyal has changed by +9.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.00%, reaching a high of 0.0008415 SAR and a low of 0.0006385 SAR . One month ago, the value of 1 MITH was ر.س0.0005886 SAR , which represents a +25.30% change from its current value. Over the last year, Mithril has changed by
-ر.س
0.002075SAR
, resulting in a change of -73.77% in its value.
24 hours ago1 month ago1 year ago
Amount20:35 today24 hours ago24h change
0.5 MITHر.س0.0003688ر.س0.0003292
+12.00%
1 MITHر.س0.0007375ر.س0.0006585
+12.00%
5 MITHر.س0.003688ر.س0.003292
+12.00%
10 MITHر.س0.007375ر.س0.006585
+12.00%
50 MITHر.س0.03688ر.س0.03292
+12.00%
100 MITHر.س0.07375ر.س0.06585
+12.00%
500 MITHر.س0.3688ر.س0.3292
+12.00%
1000 MITHر.س0.7375ر.س0.6585
+12.00%

MITH to SAR FAQ

How much is 1 Mithril in SAR?
Right now, the price of 1 Mithril (MITH) in Saudi Riyal (SAR) is ر.س0.0007375.
How much MITH can I buy for 1 SAR?
Based on the current exchange rate, you can get 1,355.87 MITH for 1 SAR.
How do I calculate or convert MITH to SAR?
You can use our MITH to SAR calculator at the top of this page to convert any amount of MITH to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 6,779.34 MITH, while 5 MITH will cost around 0.003688SAR.
What is the highest price of MITH/SAR in history?
The all-time high price of 1 MITH in SAR is ر.س5.82. It remains to be seen if the value of 1 MITH/SAR will exceed the current all-time high.
What is the price trend of Mithril in SAR?
Over the past 7 days, the exchange rate of Mithril (MITH) has gone up by 9.00%.   Over the last month, the exchange rate of Mithril (MITH) has gone up by 25.30% against Saudi Riyal (SAR).

What factors influence the conversion rate of MITH to SAR?

There are many factors that affect the relationship between Mithril 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 MITH/SAR. When there is positive news in the market about the widespread adoption of MITH or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MITH/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MITH/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.
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 MITH/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 Mithril and adjust their investment strategies accordingly in the evolving market.

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