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MRS to SAR Converter and calculator

MRS/SAR: 1 MRS = 52.91 SAR. The price of converting 1 Metars Genesis (MRS) to Saudi Riyal (SAR) is 52.91 SAR today.
MRS
MRS
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MRS to SAR real-time exchange rates, making it easy to convert Metars Genesis (MRS) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 MRS is currently valued at 52.91 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MRS is currently valued at 52.91 SAR, which means buying 5 MRS would cost 264.55 SAR. Similarly, ر.س1 SAR can be converted to 0.01890 MRS, and ر.س50 SAR can be converted to 0.09450 MRS, excluding any platform or gas fees.

Convert MRS to SAR

Convert SAR to MRS

Metars Genesis
Saudi Riyal
100 MRS
5,291.07  SAR
200 MRS
10,582.14  SAR
500 MRS
26,455.36  SAR
1000 MRS
52,910.72  SAR
5000 MRS
264,553.6  SAR
10000 MRS
529,107.21  SAR
In the table above, you'll find a comprehensive MRS to SAR converter that shows the value of Metars Genesis in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 MRS to SAR, all the way up to 10000 MRS, providing a clear view of their respective values.
Saudi Riyal
Metars Genesis
100000 SAR
1,889.98 MRS
In the table above, you'll find a comprehensive SAR to MRS converter that shows the value of Saudi Riyal in Metars Genesis across commonly used conversion amounts. The list covers conversions from 1 SAR to MRS, all the way up to 100000 SAR, providing a clear view of their respective values.

MRS to SAR chart

MRS/SAR: 1 MRS = 52.91 SAR; 2025/04/27 10:46:43
In the past 1D, Metars Genesis has changed -1.35% to SAR. Based on the trend and price charts, Metars Genesis(MRS) has changed -1.35% to SAR while Saudi Riyal(SAR) has changed % to MRS in the last 24 hours.
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MRS to SAR conversion data: Volatility and price changes of Metars Genesis in SAR

The highest Metars Genesis price in SAR over the past 7 days was 64.97 SAR while the lowest Metars Genesis price in SAR over the past 7 days was 44.94 SAR. The relative change between the highs and lows in Metars Genesis price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MRS 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
53.66 SAR
64.97 SAR
220.75 SAR
720.13 SAR
Low
47.82 SAR
44.94 SAR
40.62 SAR
10.27 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-1.35%
+2.52%
-40.77%
+375.89%

Metars Genesis information

MRS to SAR market statistics

MRS/SAR:
ر.س52.91
MRS 24h volume:
ر.س190.98
MRS market cap:
--
MRS circulating supply:
0 MRS

Current MRS to SAR exchange rate

Metars Genesis to Saudi Riyal is rising this week.
Metars Genesis's current market price is ر.س52.91 per MRS, with a total market cap of ر.س0 SAR based on a circulating supply of -- MRS. The trading volume of Metars Genesis has changed by +62.58% (ر.س73.51 SAR) in the last 24 hours. Last trading day, MRS's trading volume was ر.س117.46.

More info about Metars Genesis 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 Metars Genesis currency pair is the MRS to SAR, with for Metars Genesis's currency code being MRS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert MRS to SAR

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MRS to SAR Conversion tables

The exchange rate of Metars Genesis is decreasing.
The exchange rate of 1 MRS to Saudi Riyal has changed by +2.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.35%, reaching a high of 53.66 SAR and a low of 47.82 SAR . One month ago, the value of 1 MRS was ر.س89.33 SAR , which represents a -40.77% change from its current value. Over the last year, Metars Genesis has changed by
+ر.س
9.51SAR
, resulting in a change of +797.66% in its value.
24 hours ago1 month ago1 year ago
Amount10:46 am today24 hours ago24h change
0.5 MRSر.س26.46ر.س26.82
-1.35%
1 MRSر.س52.91ر.س53.64
-1.35%
5 MRSر.س264.55ر.س268.18
-1.35%
10 MRSر.س529.11ر.س536.37
-1.35%
50 MRSر.س2,645.54ر.س2,681.83
-1.35%
100 MRSر.س5,291.07ر.س5,363.67
-1.35%
500 MRSر.س26,455.36ر.س26,818.35
-1.35%
1000 MRSر.س52,910.72ر.س53,636.69
-1.35%

MRS to SAR FAQ

How much is 1 Metars Genesis in SAR?
Right now, the price of 1 Metars Genesis (MRS) in Saudi Riyal (SAR) is ر.س52.91.
How much MRS can I buy for 1 SAR?
Based on the current exchange rate, you can get 0.01890 MRS for 1 SAR.
How do I calculate or convert MRS to SAR?
You can use our MRS to SAR calculator at the top of this page to convert any amount of MRS to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 0.09450 MRS, while 5 MRS will cost around 264.55SAR.
What is the highest price of MRS/SAR in history?
The all-time high price of 1 MRS in SAR is ر.س720.13. It remains to be seen if the value of 1 MRS/SAR will exceed the current all-time high.
What is the price trend of Metars Genesis in SAR?
Over the past 7 days, the exchange rate of Metars Genesis (MRS) has gone up by 2.52%.   Over the last month, the exchange rate of Metars Genesis (MRS) has gone down by 40.77% against Saudi Riyal (SAR).

What factors influence the conversion rate of MRS to SAR?

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

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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.