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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.48%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$83994.30 (-0.33%)Fear and Greed Index30(Fear)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketNIL,PAWS,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 share60.48%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$83994.30 (-0.33%)Fear and Greed Index30(Fear)
Total spot Bitcoin ETF netflow +$83.1M (1D); +$549.9M (7D).Coins listed in Pre-MarketNIL,PAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
GVC
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 Global Virtual Coin(GVC) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 GVC at a value of 1 GVC for 0.04 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 Global Virtual Coin currency pair is the GVC to SAR, with for Global Virtual Coin's currency code being GVC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
GVC to SAR conversion rate trend
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In the past 1D, Global Virtual Coin has changed -0.43% to SAR. Based on the trend and price charts, Global Virtual Coin(GVC) has changed -0.43% to SAR while Saudi Riyal(SAR) has changed % to GVC in the last 24 hours.
GVC to SAR market statistics
GVC/SAR:
ر.س 0.04057
GVC 24h volume:
ر.س 646,734.62
GVC market cap:
--
GVC circulating supply:
0 GVC
More info about Global Virtual Coin on Bitget
Current GVC to SAR exchange rate
Global Virtual Coin to Saudi Riyal is rising this week.Global Virtual Coin's current market price is ر.س 0.04057 per GVC, with a total market cap of ر.س 0 SAR based on a circulating supply of -- GVC. The trading volume of Global Virtual Coin has changed by -5.53% (ر.س -37,858.69 SAR) in the last 24 hours. Last trading day, GVC's trading volume was ر.س 684,593.32.
GVC to SAR Conversion tables
The exchange rate of Global Virtual Coin is increasing.1 GVC is currently valued at ر.س 0.04057 SAR , which means buying 5 GVC will cost ر.س 0.2029 SAR . Similarly, ر.س1 SAR can be traded for 24.65 GVC, and ر.س50 SAR can be converted to 1,232.43 GVC, excluding any platform or gas fees.
The exchange rate of 1 GVC to Saudi Riyal has changed by +17.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.43%, reaching a high of 0.04082 SAR and a low of 0.04020 SAR . One month ago, the value of 1 GVC was ر.س 0.01877 SAR , which represents a +116.20% change from its current value. Over the last year, Global Virtual Coin has changed by , resulting in a change of -67.07% in its value.
-ر.س
0.08265SARGVC to SAR
Amount
01:10 am today
0.5 GVC
ر.س0.02029
1 GVC
ر.س0.04057
5 GVC
ر.س0.2029
10 GVC
ر.س0.4057
50 GVC
ر.س2.03
100 GVC
ر.س4.06
500 GVC
ر.س20.29
1000 GVC
ر.س40.57
SAR to GVC
Amount01:10 am today
0.5SAR12.32 GVC
1SAR24.65 GVC
5SAR123.24 GVC
10SAR246.49 GVC
50SAR1,232.43 GVC
100SAR2,464.85 GVC
500SAR12,324.26 GVC
1000SAR24,648.53 GVC
GVC to SAR Today vs. 24 hours ago
| Amount | 01:10 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GVC | ر.س0.02029 | ر.س0.02037 | -0.43% |
| 1 GVC | ر.س0.04057 | ر.س0.04074 | -0.43% |
| 5 GVC | ر.س0.2029 | ر.س0.2037 | -0.43% |
| 10 GVC | ر.س0.4057 | ر.س0.4074 | -0.43% |
| 50 GVC | ر.س2.03 | ر.س2.04 | -0.43% |
| 100 GVC | ر.س4.06 | ر.س4.07 | -0.43% |
| 500 GVC | ر.س20.29 | ر.س20.37 | -0.43% |
| 1000 GVC | ر.س40.57 | ر.س40.74 | -0.43% |
GVC to SAR Today vs. 1 month ago
| Amount | 01:10 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GVC | ر.س0.02029 | ر.س0.009383 | +116.20% |
| 1 GVC | ر.س0.04057 | ر.س0.01877 | +116.20% |
| 5 GVC | ر.س0.2029 | ر.س0.09383 | +116.20% |
| 10 GVC | ر.س0.4057 | ر.س0.1877 | +116.20% |
| 50 GVC | ر.س2.03 | ر.س0.9383 | +116.20% |
| 100 GVC | ر.س4.06 | ر.س1.88 | +116.20% |
| 500 GVC | ر.س20.29 | ر.س9.38 | +116.20% |
| 1000 GVC | ر.س40.57 | ر.س18.77 | +116.20% |
GVC to SAR Today vs. 1 year ago
| Amount | 01:10 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GVC | ر.س0.02029 | ر.س0.06161 | -67.07% |
| 1 GVC | ر.س0.04057 | ر.س0.1232 | -67.07% |
| 5 GVC | ر.س0.2029 | ر.س0.6161 | -67.07% |
| 10 GVC | ر.س0.4057 | ر.س1.23 | -67.07% |
| 50 GVC | ر.س2.03 | ر.س6.16 | -67.07% |
| 100 GVC | ر.س4.06 | ر.س12.32 | -67.07% |
| 500 GVC | ر.س20.29 | ر.س61.61 | -67.07% |
| 1000 GVC | ر.س40.57 | ر.س123.22 | -67.07% |
How to convert GVC to SAR
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert GVC to SAR
Use a variety of payment options to buy Global Virtual Coin on Bitget. We'll show you how.
Buy GVC (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of GVC with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy GVC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell GVC (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of GVC to SAR. However, you can first exchange GVC 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 |
|---|
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What factors influence the conversion rate of GVC to SAR?
There are many factors that affect the relationship between Global Virtual Coin 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 GVC/SAR. When there is positive news in the market about the widespread adoption of GVC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GVC/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GVC/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 GVC/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 Global Virtual Coin and adjust their investment strategies accordingly in the evolving market.
Global Virtual Coin price prediction
What will the price of GVC be in 2026?
Based on GVC's historical price performance prediction model, the price of GVC is projected to reach $0.01072 in 2026.
What will the price of GVC be in 2031?
In 2031, the GVC price is expected to change by +21.00%. By the end of 2031, the GVC price is projected to reach $0.01309, with a cumulative ROI of +21.14%.
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Popular Global Virtual Coin Converter
Check out these popular currency conversions of Global Virtual Coin to several fiat currencies.
GVC to TWD
1 GVC to NT$ 0.3568 TWD
GVC to CNY
1 GVC to ¥ 0.07845 CNY
GVC to USD
1 GVC to $ 0.01082 USD
GVC to AUD
1 GVC to $ 0.01724 AUD
GVC to EUR
1 GVC to € 0.009945 EUR
GVC to CAD
1 GVC to $ 0.01560 CAD
GVC to SAR
1 GVC to ر.س 0.04057 SAR
GVC to KRW
1 GVC to ₩ 15.85 KRW
GVC to JPY
1 GVC to ¥ 1.61 JPY
GVC to GBP
1 GVC to £ 0.008371 GBP
GVC to BRL
1 GVC to R$ 0.06202 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Global Virtual Coin.
AUCTION to SAR
1 AUCTION to ر.س 117.62 SAR
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1 ARPA to ر.س 0.1117 SAR
CYBER to SAR
1 CYBER to ر.س 5.53 SAR
NPC to SAR
1 NPC to ر.س 0.03863 SAR
CHEEMS to SAR
1 CHEEMS to ر.س 0.{5}5801 SAR
WING to SAR
1 WING to ر.س 13.06 SAR
BMT to SAR
1 BMT to ر.س 0.6401 SAR
DEXE to SAR
1 DEXE to ر.س 65.55 SAR
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1 AGI to ر.س 0.2497 SAR
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1 ANON to ر.س 22.11 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 Global Virtual Coin 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 Global Virtual Coin 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 Global Virtual Coin 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.
