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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.50%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$86779.09 (-0.16%)Fear and Greed Index46(Neutral)
Total spot Bitcoin ETF netflow +$84.2M (1D); +$769.3M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome 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 share60.50%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$86779.09 (-0.16%)Fear and Greed Index46(Neutral)
Total spot Bitcoin ETF netflow +$84.2M (1D); +$769.3M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Fuel Network (FUEL) has been listed in the Innovation and Layer 2 Zone, you can quickly sell or buy FUEL. Spot Trading Link: FUEL/USDT.
Activity 1: PoolX — Lock FUEL to share 3,200,000 FUEL; Activity 2: CandyBomb – Trade to share 1,250,000 FUEL; Activity 3: Subscribe to FUEL Earn products and enjoy up to 30% APR; Activity 4: Social Giveaway - 250,000 FUEL Up for Grabs; Activity 5: Community Giveaway - Win Your Share of 250,000 FUEL; more details!
FUEL
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 Fuel Network(FUEL) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 FUEL at a value of 1 FUEL for 0.05 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 Fuel Network currency pair is the FUEL to SAR, with for Fuel Network's currency code being FUEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
FUEL to SAR conversion rate trend
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In the past 1D, Fuel Network has changed -10.64% to SAR. Based on the trend and price charts, Fuel Network(FUEL) has changed -10.64% to SAR while Saudi Riyal(SAR) has changed % to FUEL in the last 24 hours.
FUEL to SAR market statistics
FUEL/SAR:
ر.س 0.04928
FUEL 24h volume:
ر.س 15,911,586.94
FUEL market cap:
ر.س 216,160,831.76
FUEL circulating supply:
4.39B FUEL
More info about Fuel Network on Bitget
Current FUEL to SAR exchange rate
Fuel Network to Saudi Riyal is falling this week.Fuel Network's current market price is ر.س 0.04928 per FUEL, with a total market cap of ر.س 216,160,831.76 SAR based on a circulating supply of 4,386,662,000 FUEL. The trading volume of Fuel Network has changed by +8.54% (ر.س 1,251,907.32 SAR) in the last 24 hours. Last trading day, FUEL's trading volume was ر.س 14,659,679.62.
FUEL to SAR Conversion tables
The exchange rate of Fuel Network is decreasing.1 FUEL is currently valued at ر.س 0.04928 SAR , which means buying 5 FUEL will cost ر.س 0.2464 SAR . Similarly, ر.س1 SAR can be traded for 20.29 FUEL, and ر.س50 SAR can be converted to 1,014.68 FUEL, excluding any platform or gas fees.
The exchange rate of 1 FUEL to Saudi Riyal has changed by -3.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.64%, reaching a high of 0.05656 SAR and a low of 0.04929 SAR . One month ago, the value of 1 FUEL was ر.س 0.05023 SAR , which represents a -1.90% change from its current value. Over the last year, Fuel Network has changed by , resulting in a change of -69.62% in its value.
+ر.س
0.04928SARFUEL to SAR
Amount
06:32 am today
0.5 FUEL
ر.س0.02464
1 FUEL
ر.س0.04928
5 FUEL
ر.س0.2464
10 FUEL
ر.س0.4928
50 FUEL
ر.س2.46
100 FUEL
ر.س4.93
500 FUEL
ر.س24.64
1000 FUEL
ر.س49.28
SAR to FUEL
Amount06:32 am today
0.5SAR10.15 FUEL
1SAR20.29 FUEL
5SAR101.47 FUEL
10SAR202.94 FUEL
50SAR1,014.68 FUEL
100SAR2,029.35 FUEL
500SAR10,146.76 FUEL
1000SAR20,293.51 FUEL
FUEL to SAR Today vs. 24 hours ago
| Amount | 06:32 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FUEL | ر.س0.02464 | ر.س0.02757 | -10.64% |
| 1 FUEL | ر.س0.04928 | ر.س0.05514 | -10.64% |
| 5 FUEL | ر.س0.2464 | ر.س0.2757 | -10.64% |
| 10 FUEL | ر.س0.4928 | ر.س0.5514 | -10.64% |
| 50 FUEL | ر.س2.46 | ر.س2.76 | -10.64% |
| 100 FUEL | ر.س4.93 | ر.س5.51 | -10.64% |
| 500 FUEL | ر.س24.64 | ر.س27.57 | -10.64% |
| 1000 FUEL | ر.س49.28 | ر.س55.14 | -10.64% |
FUEL to SAR Today vs. 1 month ago
| Amount | 06:32 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FUEL | ر.س0.02464 | ر.س0.02512 | -1.90% |
| 1 FUEL | ر.س0.04928 | ر.س0.05023 | -1.90% |
| 5 FUEL | ر.س0.2464 | ر.س0.2512 | -1.90% |
| 10 FUEL | ر.س0.4928 | ر.س0.5023 | -1.90% |
| 50 FUEL | ر.س2.46 | ر.س2.51 | -1.90% |
| 100 FUEL | ر.س4.93 | ر.س5.02 | -1.90% |
| 500 FUEL | ر.س24.64 | ر.س25.12 | -1.90% |
| 1000 FUEL | ر.س49.28 | ر.س50.23 | -1.90% |
FUEL to SAR Today vs. 1 year ago
| Amount | 06:32 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FUEL | ر.س0.02464 | ر.س0 | -69.62% |
| 1 FUEL | ر.س0.04928 | ر.س0 | -69.62% |
| 5 FUEL | ر.س0.2464 | ر.س0 | -69.62% |
| 10 FUEL | ر.س0.4928 | ر.س0 | -69.62% |
| 50 FUEL | ر.س2.46 | ر.س0 | -69.62% |
| 100 FUEL | ر.س4.93 | ر.س0 | -69.62% |
| 500 FUEL | ر.س24.64 | ر.س0 | -69.62% |
| 1000 FUEL | ر.س49.28 | ر.س0 | -69.62% |
How to convert FUEL to SAR
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Convert FUEL to SAR
Use a variety of payment options to buy Fuel Network on Bitget. We'll show you how.
Learn MoreBuy FUEL (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of FUEL with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy FUEL with USDT via Bitget spot market.
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Sell FUEL (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of FUEL to SAR. However, you can first exchange FUEL 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 FUEL to SAR?
There are many factors that affect the relationship between Fuel Network 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 FUEL/SAR. When there is positive news in the market about the widespread adoption of FUEL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FUEL/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FUEL/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 FUEL/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 Fuel Network and adjust their investment strategies accordingly in the evolving market.
Fuel Network price prediction
What will the price of FUEL be in 2026?
Based on FUEL's historical price performance prediction model, the price of FUEL is projected to reach $0.01692 in 2026.
What will the price of FUEL be in 2031?
In 2031, the FUEL price is expected to change by -2.00%. By the end of 2031, the FUEL price is projected to reach $0.03433, with a cumulative ROI of +155.36%.
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Popular Fuel Network Converter
Check out these popular currency conversions of Fuel Network to several fiat currencies.
FUEL to TWD
1 FUEL to NT$ 0.4341 TWD
FUEL to CNY
1 FUEL to ¥ 0.09539 CNY
FUEL to USD
1 FUEL to $ 0.01314 USD
FUEL to EUR
1 FUEL to € 0.01216 EUR
FUEL to CAD
1 FUEL to $ 0.01881 CAD
FUEL to SAR
1 FUEL to ر.س 0.04928 SAR
FUEL to KRW
1 FUEL to ₩ 19.31 KRW
FUEL to JPY
1 FUEL to ¥ 1.98 JPY
FUEL to GBP
1 FUEL to £ 0.01016 GBP
FUEL to BRL
1 FUEL to R$ 0.07569 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Fuel Network.
FORM to SAR
1 FORM to ر.س 9.34 SAR
FLOKI to SAR
1 FLOKI to ر.س 0.0002525 SAR
ELON to SAR
1 ELON to ر.س 0.{6}5828 SAR
TOKEN to SAR
1 TOKEN to ر.س 0.06148 SAR
BNB to SAR
1 BNB to ر.س 2,417.25 SAR
USDT.z to SAR
1 USDT.z to ر.س 3.75 SAR
LINK to SAR
1 LINK to ر.س 56.93 SAR
ETH.z to SAR
1 ETH.z to ر.س 7,695.86 SAR
CAKE to SAR
1 CAKE to ر.س 10.07 SAR
DODO to SAR
1 DODO to ر.س 0.2960 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 Fuel Network 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 Fuel Network 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 Fuel Network 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.
