INEX
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 Inex Project(INEX) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 INEX at a value of 1 INEX for 0.00 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 Inex Project currency pair is the INEX to SAR, with for Inex Project's currency code being INEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
INEX to SAR conversion rate trend
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In the past 1D, Inex Project has changed -5.16% to SAR. Based on the trend and price charts, Inex Project(INEX) has changed -5.16% to SAR while Saudi Riyal(SAR) has changed % to INEX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.0001168 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/14 16:31:26(UTC+0)
How to buy Inex Project
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Buy Inex Project (INEX)
Use a variety of payment options to buy Inex Project on Bitget. We'll show you how.
Buy INEX (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of INEX with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy INEX 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 INEX (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of INEX to SAR. However, you can first exchange INEX 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 Inex Project to Saudi Riyal?
Inex Project to Saudi Riyal is rising this week.Inex Project's current market price is ر.س 0.0001168 per INEX, with a total market cap of ر.س 1,272,400.97 SAR based on a circulating supply of 10,890,000,000 INEX. The trading volume of Inex Project has changed by 0.00% (ر.س 0 SAR) in the last 24 hours. Last trading day, INEX's trading volume was ر.س 0.
Market cap
$338.76K
24h volume
$0
Circulating supply
10.89B INEX
Conversion tables
The exchange rate of Inex Project is increasing.1 INEX is currently valued at ر.س 0.0001168 SAR , which means buying 5 INEX will cost ر.س 0.0005842 SAR . Similarly, ر.س1 SAR can be traded for 8,558.62 INEX, and ر.س50 SAR can be converted to 427,931.16 INEX, excluding any platform or gas fees.
The exchange rate of 1 INEX to Saudi Riyal has changed by +9.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.16%, reaching a high of 0.0001240 SAR and a low of 0.0001154 SAR . One month ago, the value of 1 INEX was ر.س 0.{4}9751 SAR , which represents a +19.75% change from its current value. Over the last year, Inex Project has changed by , resulting in a change of +54.88% in its value.
+ر.س
0.{4}4155SARINEX to SAR
Amount
16:45 today
0.5 INEX
ر.س0.{4}5842
1 INEX
ر.س0.0001168
5 INEX
ر.س0.0005842
10 INEX
ر.س0.001168
50 INEX
ر.س0.005842
100 INEX
ر.س0.01168
500 INEX
ر.س0.05842
1000 INEX
ر.س0.1168
SAR to INEX
Amount16:45 today
0.5SAR4,279.31 INEX
1SAR8,558.62 INEX
5SAR42,793.12 INEX
10SAR85,586.23 INEX
50SAR427,931.16 INEX
100SAR855,862.31 INEX
500SAR4,279,311.57 INEX
1000SAR8,558,623.14 INEX
Today vs. 24 hours ago
| Amount | 16:45 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 INEX | $0.{4}1555 | $0.{4}1640 | -5.16% |
| 1 INEX | $0.{4}3111 | $0.{4}3281 | -5.16% |
| 5 INEX | $0.0001555 | $0.0001640 | -5.16% |
| 10 INEX | $0.0003111 | $0.0003281 | -5.16% |
| 50 INEX | $0.001555 | $0.001640 | -5.16% |
| 100 INEX | $0.003111 | $0.003281 | -5.16% |
| 500 INEX | $0.01555 | $0.01640 | -5.16% |
| 1000 INEX | $0.03111 | $0.03281 | -5.16% |
Today vs. 1 month ago
| Amount | 16:45 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 INEX | $0.{4}1555 | $0.{4}1298 | +19.75% |
| 1 INEX | $0.{4}3111 | $0.{4}2596 | +19.75% |
| 5 INEX | $0.0001555 | $0.0001298 | +19.75% |
| 10 INEX | $0.0003111 | $0.0002596 | +19.75% |
| 50 INEX | $0.001555 | $0.001298 | +19.75% |
| 100 INEX | $0.003111 | $0.002596 | +19.75% |
| 500 INEX | $0.01555 | $0.01298 | +19.75% |
| 1000 INEX | $0.03111 | $0.02596 | +19.75% |
Today vs. 1 year ago
| Amount | 16:45 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 INEX | $0.{4}1555 | $0.{4}1002 | +54.88% |
| 1 INEX | $0.{4}3111 | $0.{4}2005 | +54.88% |
| 5 INEX | $0.0001555 | $0.0001002 | +54.88% |
| 10 INEX | $0.0003111 | $0.0002005 | +54.88% |
| 50 INEX | $0.001555 | $0.001002 | +54.88% |
| 100 INEX | $0.003111 | $0.002005 | +54.88% |
| 500 INEX | $0.01555 | $0.01002 | +54.88% |
| 1000 INEX | $0.03111 | $0.02005 | +54.88% |
Inex Project price prediction
What will the price of INEX be in 2025?
Based on INEX's historical price performance prediction model, the price of INEX is projected to reach $0.{5}2738 in 2025.
What will the price of INEX be in 2030?
In 2030, the INEX price is expected to change by +8.00%. By the end of 2030, the INEX price is projected to reach $0.{5}6520, with a cumulative ROI of -80.41%.
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Popular Inex Project conversions
Check out these popular currency conversions of Inex Project to several fiat currencies.
Inex Project to USD
1 INEX to $ 0.{4}3111 USD
Inex Project to GBP
1 INEX to £ 0.{4}2448 GBP
Inex Project to EUR
1 INEX to € 0.{4}2942 EUR
Inex Project to KRW
1 INEX to ₩ 0.04357 KRW
Inex Project to CAD
1 INEX to $ 0.{4}4359 CAD
Inex Project to AUD
1 INEX to $ 0.{4}4800 AUD
Inex Project to JPY
1 INEX to ¥ 0.004851 JPY
Inex Project to BRL
1 INEX to R$ 0.0001799 BRL
Inex Project to CNY
1 INEX to ¥ 0.0002253 CNY
Inex Project to TWD
1 INEX to NT$ 0.001013 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Inex Project.
EGO to SAR
1 EGO to ر.س 0.07915 SAR
Credefi to SAR
1 CREDI to ر.س 0.06004 SAR
XODEX to SAR
1 XODEX to ر.س 0.001335 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 7.7 SAR
dogwifhat to SAR
1 WIF to ر.س 14.92 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}8292 SAR
Mog Coin to SAR
1 MOG to ر.س 0.{5}8554 SAR
Bitcoin to SAR
1 BTC to ر.س 333,634.96 SAR
Popcat (SOL) to SAR
1 POPCAT to ر.س 6.56 SAR
SolarX to SAR
1 SXCH to ر.س 0.07697 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 Inex Project 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 Inex Project 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 Inex Project 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.
