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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.98%
New listings on Bitget: Pi Network
BTC/USDT$82879.43 (-1.10%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (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 market share61.98%
New listings on Bitget: Pi Network
BTC/USDT$82879.43 (-1.10%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
sAVAX
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 BENQI Liquid Staked AVAX(sAVAX) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 sAVAX at a value of 1 sAVAX for 81.37 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 BENQI Liquid Staked AVAX currency pair is the sAVAX to SAR, with for BENQI Liquid Staked AVAX's currency code being sAVAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
sAVAX to SAR conversion rate trend
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In the past 1D, BENQI Liquid Staked AVAX has changed +0.99% to SAR. Based on the trend and price charts, BENQI Liquid Staked AVAX(sAVAX) has changed +0.99% to SAR while Saudi Riyal(SAR) has changed % to sAVAX in the last 24 hours.
sAVAX to SAR market statistics
sAVAX/SAR:
ر.س 81.37
sAVAX 24h volume:
ر.س 5,308,323.41
sAVAX market cap:
ر.س 627,186,237.56
sAVAX circulating supply:
7.71M sAVAX
More info about BENQI Liquid Staked AVAX on Bitget
Current sAVAX to SAR exchange rate
BENQI Liquid Staked AVAX to Saudi Riyal is falling this week.BENQI Liquid Staked AVAX's current market price is ر.س 81.37 per sAVAX, with a total market cap of ر.س 627,186,237.56 SAR based on a circulating supply of 7,707,887 sAVAX. The trading volume of BENQI Liquid Staked AVAX has changed by -30.23% (ر.س -2,300,103.56 SAR) in the last 24 hours. Last trading day, sAVAX's trading volume was ر.س 7,608,426.97.
sAVAX to SAR Conversion tables
The exchange rate of BENQI Liquid Staked AVAX is decreasing.1 sAVAX is currently valued at ر.س 81.37 SAR , which means buying 5 sAVAX will cost ر.س 406.85 SAR . Similarly, ر.س1 SAR can be traded for 0.01229 sAVAX, and ر.س50 SAR can be converted to 0.6145 sAVAX, excluding any platform or gas fees.
The exchange rate of 1 sAVAX to Saudi Riyal has changed by -13.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.99%, reaching a high of 124.2 SAR and a low of 115.35 SAR . One month ago, the value of 1 sAVAX was ر.س 138.07 SAR , which represents a -32.53% change from its current value. Over the last year, BENQI Liquid Staked AVAX has changed by , resulting in a change of +131.47% in its value.
+ر.س
29.27SARsAVAX to SAR
Amount
01:54 am today
0.5 sAVAX
ر.س40.68
1 sAVAX
ر.س81.37
5 sAVAX
ر.س406.85
10 sAVAX
ر.س813.69
50 sAVAX
ر.س4,068.47
100 sAVAX
ر.س8,136.94
500 sAVAX
ر.س40,684.71
1000 sAVAX
ر.س81,369.42
SAR to sAVAX
Amount01:54 am today
0.5SAR0.006145 sAVAX
1SAR0.01229 sAVAX
5SAR0.06145 sAVAX
10SAR0.1229 sAVAX
50SAR0.6145 sAVAX
100SAR1.23 sAVAX
500SAR6.14 sAVAX
1000SAR12.29 sAVAX
sAVAX to SAR Today vs. 24 hours ago
| Amount | 01:54 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 sAVAX | ر.س40.68 | ر.س40.11 | +0.99% |
| 1 sAVAX | ر.س81.37 | ر.س80.22 | +0.99% |
| 5 sAVAX | ر.س406.85 | ر.س401.08 | +0.99% |
| 10 sAVAX | ر.س813.69 | ر.س802.15 | +0.99% |
| 50 sAVAX | ر.س4,068.47 | ر.س4,010.77 | +0.99% |
| 100 sAVAX | ر.س8,136.94 | ر.س8,021.53 | +0.99% |
| 500 sAVAX | ر.س40,684.71 | ر.س40,107.66 | +0.99% |
| 1000 sAVAX | ر.س81,369.42 | ر.س80,215.32 | +0.99% |
sAVAX to SAR Today vs. 1 month ago
| Amount | 01:54 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 sAVAX | ر.س40.68 | ر.س69.03 | -32.53% |
| 1 sAVAX | ر.س81.37 | ر.س138.07 | -32.53% |
| 5 sAVAX | ر.س406.85 | ر.س690.34 | -32.53% |
| 10 sAVAX | ر.س813.69 | ر.س1,380.68 | -32.53% |
| 50 sAVAX | ر.س4,068.47 | ر.س6,903.38 | -32.53% |
| 100 sAVAX | ر.س8,136.94 | ر.س13,806.75 | -32.53% |
| 500 sAVAX | ر.س40,684.71 | ر.س69,033.77 | -32.53% |
| 1000 sAVAX | ر.س81,369.42 | ر.س138,067.55 | -32.53% |
sAVAX to SAR Today vs. 1 year ago
| Amount | 01:54 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 sAVAX | ر.س40.68 | ر.س7.29 | +131.47% |
| 1 sAVAX | ر.س81.37 | ر.س14.58 | +131.47% |
| 5 sAVAX | ر.س406.85 | ر.س72.91 | +131.47% |
| 10 sAVAX | ر.س813.69 | ر.س145.83 | +131.47% |
| 50 sAVAX | ر.س4,068.47 | ر.س729.15 | +131.47% |
| 100 sAVAX | ر.س8,136.94 | ر.س1,458.3 | +131.47% |
| 500 sAVAX | ر.س40,684.71 | ر.س7,291.5 | +131.47% |
| 1000 sAVAX | ر.س81,369.42 | ر.س14,583 | +131.47% |
How to convert sAVAX to SAR
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Convert sAVAX to SAR
Use a variety of payment options to buy BENQI Liquid Staked AVAX on Bitget. We'll show you how.
Buy sAVAX (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of sAVAX with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy sAVAX with USDT via Bitget spot market.
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Sell sAVAX (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of sAVAX to SAR. However, you can first exchange sAVAX 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 sAVAX to SAR?
There are many factors that affect the relationship between BENQI Liquid Staked AVAX 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 sAVAX/SAR. When there is positive news in the market about the widespread adoption of sAVAX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of sAVAX/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in sAVAX/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 sAVAX/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 BENQI Liquid Staked AVAX and adjust their investment strategies accordingly in the evolving market.
BENQI Liquid Staked AVAX price prediction
What will the price of sAVAX be in 2026?
Based on sAVAX's historical price performance prediction model, the price of sAVAX is projected to reach $26.25 in 2026.
What will the price of sAVAX be in 2031?
In 2031, the sAVAX price is expected to change by +42.00%. By the end of 2031, the sAVAX price is projected to reach $44.52, with a cumulative ROI of +105.94%.
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Popular BENQI Liquid Staked AVAX Converter
Check out these popular currency conversions of BENQI Liquid Staked AVAX to several fiat currencies.
sAVAX to TWD
1 sAVAX to NT$ 716.83 TWD
sAVAX to CNY
1 sAVAX to ¥ 158.12 CNY
sAVAX to USD
1 sAVAX to $ 21.69 USD
sAVAX to EUR
1 sAVAX to € 19.63 EUR
sAVAX to CAD
1 sAVAX to $ 30.54 CAD
sAVAX to SAR
1 sAVAX to ر.س 81.37 SAR
sAVAX to KRW
1 sAVAX to ₩ 31,484.29 KRW
sAVAX to JPY
1 sAVAX to ¥ 3,162.44 JPY
sAVAX to GBP
1 sAVAX to £ 16.56 GBP
sAVAX to BRL
1 sAVAX to R$ 122.13 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in BENQI Liquid Staked AVAX.
PI to SAR
1 PI to ر.س 2.09 SAR
BNB to SAR
1 BNB to ر.س 2,220.24 SAR
TRUMP to SAR
1 TRUMP to ر.س 35.57 SAR
RARE to SAR
1 RARE to ر.س 0.2636 SAR
DGB to SAR
1 DGB to ر.س 0.03954 SAR
FUN to SAR
1 FUN to ر.س 0.02224 SAR
BSW to SAR
1 BSW to ر.س 0.06812 SAR
ACH to SAR
1 ACH to ر.س 0.07793 SAR
MBOX to SAR
1 MBOX to ر.س 0.1996 SAR
W to SAR
1 W to ر.س 0.3341 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 BENQI Liquid Staked AVAX 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 BENQI Liquid Staked AVAX 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 BENQI Liquid Staked AVAX 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.
