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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.87%
BTC/USDT$83602.64 (+1.83%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (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 share61.87%
BTC/USDT$83602.64 (+1.83%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
MRS
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 Metars Genesis(MRS) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 MRS at a value of 1 MRS for 83.44 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 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.
MRS to SAR conversion rate trend
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In the past 1D, Metars Genesis has changed -33.17% to SAR. Based on the trend and price charts, Metars Genesis(MRS) has changed -33.17% to SAR while Saudi Riyal(SAR) has changed % to MRS in the last 24 hours.
MRS to SAR market statistics
MRS/SAR:
ر.س 83.44
MRS 24h volume:
ر.س 2,742.44
MRS market cap:
--
MRS circulating supply:
0 MRS
More info about Metars Genesis on Bitget
Current MRS to SAR exchange rate
Metars Genesis to Saudi Riyal is falling this week.Metars Genesis's current market price is ر.س 83.44 per MRS, with a total market cap of ر.س 0 SAR based on a circulating supply of -- MRS. The trading volume of Metars Genesis has changed by -62.20% (ر.س -4,512.08 SAR) in the last 24 hours. Last trading day, MRS's trading volume was ر.س 7,254.52.
MRS to SAR Conversion tables
The exchange rate of Metars Genesis is increasing.1 MRS is currently valued at ر.س 83.44 SAR , which means buying 5 MRS will cost ر.س 417.21 SAR . Similarly, ر.س1 SAR can be traded for 0.01198 MRS, and ر.س50 SAR can be converted to 0.5992 MRS, excluding any platform or gas fees.
The exchange rate of 1 MRS to Saudi Riyal has changed by -11.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by -33.17%, reaching a high of 127.75 SAR and a low of 75.18 SAR . One month ago, the value of 1 MRS was ر.س 71.47 SAR , which represents a +16.76% change from its current value. Over the last year, Metars Genesis has changed by , resulting in a change of +1229.41% in its value.
+ر.س
2.11SARMRS to SAR
Amount
11:15 am today
0.5 MRS
ر.س41.72
1 MRS
ر.س83.44
5 MRS
ر.س417.21
10 MRS
ر.س834.42
50 MRS
ر.س4,172.11
100 MRS
ر.س8,344.22
500 MRS
ر.س41,721.08
1000 MRS
ر.س83,442.15
SAR to MRS
Amount11:15 am today
0.5SAR0.005992 MRS
1SAR0.01198 MRS
5SAR0.05992 MRS
10SAR0.1198 MRS
50SAR0.5992 MRS
100SAR1.2 MRS
500SAR5.99 MRS
1000SAR11.98 MRS
MRS to SAR Today vs. 24 hours ago
| Amount | 11:15 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MRS | ر.س41.72 | ر.س62.43 | -33.17% |
| 1 MRS | ر.س83.44 | ر.س124.86 | -33.17% |
| 5 MRS | ر.س417.21 | ر.س624.29 | -33.17% |
| 10 MRS | ر.س834.42 | ر.س1,248.59 | -33.17% |
| 50 MRS | ر.س4,172.11 | ر.س6,242.93 | -33.17% |
| 100 MRS | ر.س8,344.22 | ر.س12,485.85 | -33.17% |
| 500 MRS | ر.س41,721.08 | ر.س62,429.27 | -33.17% |
| 1000 MRS | ر.س83,442.15 | ر.س124,858.55 | -33.17% |
MRS to SAR Today vs. 1 month ago
| Amount | 11:15 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MRS | ر.س41.72 | ر.س35.73 | +16.76% |
| 1 MRS | ر.س83.44 | ر.س71.47 | +16.76% |
| 5 MRS | ر.س417.21 | ر.س357.33 | +16.76% |
| 10 MRS | ر.س834.42 | ر.س714.67 | +16.76% |
| 50 MRS | ر.س4,172.11 | ر.س3,573.33 | +16.76% |
| 100 MRS | ر.س8,344.22 | ر.س7,146.66 | +16.76% |
| 500 MRS | ر.س41,721.08 | ر.س35,733.29 | +16.76% |
| 1000 MRS | ر.س83,442.15 | ر.س71,466.59 | +16.76% |
MRS to SAR Today vs. 1 year ago
| Amount | 11:15 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MRS | ر.س41.72 | ر.س3.14 | +1229.41% |
| 1 MRS | ر.س83.44 | ر.س6.28 | +1229.41% |
| 5 MRS | ر.س417.21 | ر.س31.4 | +1229.41% |
| 10 MRS | ر.س834.42 | ر.س62.81 | +1229.41% |
| 50 MRS | ر.س4,172.11 | ر.س314.04 | +1229.41% |
| 100 MRS | ر.س8,344.22 | ر.س628.09 | +1229.41% |
| 500 MRS | ر.س41,721.08 | ر.س3,140.44 | +1229.41% |
| 1000 MRS | ر.س83,442.15 | ر.س6,280.89 | +1229.41% |
How to convert MRS to SAR
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Convert MRS to SAR
Use a variety of payment options to buy Metars Genesis on Bitget. We'll show you how.
Buy MRS (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of MRS with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy MRS 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 MRS (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of MRS to SAR. However, you can first exchange MRS 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 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.
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.
Metars Genesis price prediction
What will the price of MRS be in 2026?
Based on MRS's historical price performance prediction model, the price of MRS is projected to reach $22.21 in 2026.
What will the price of MRS be in 2031?
In 2031, the MRS price is expected to change by +2.00%. By the end of 2031, the MRS price is projected to reach $30.63, with a cumulative ROI of +18.07%.
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Popular Metars Genesis Converter
Check out these popular currency conversions of Metars Genesis to several fiat currencies.
MRS to TWD
1 MRS to NT$ 737.98 TWD
MRS to CNY
1 MRS to ¥ 162.01 CNY
MRS to USD
1 MRS to $ 22.24 USD
MRS to EUR
1 MRS to € 20.29 EUR
MRS to CAD
1 MRS to $ 31.64 CAD
MRS to SAR
1 MRS to ر.س 83.44 SAR
MRS to KRW
1 MRS to ₩ 32,454.31 KRW
MRS to JPY
1 MRS to ¥ 3,267.97 JPY
MRS to GBP
1 MRS to £ 17.26 GBP
MRS to BRL
1 MRS to R$ 129.89 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Metars Genesis.
PI to SAR
1 PI to ر.س 2.69 SAR
FIL to SAR
1 FIL to ر.س 10.31 SAR
ATOM to SAR
1 ATOM to ر.س 18.48 SAR
USUAL to SAR
1 USUAL to ر.س 0.4622 SAR
BTC to SAR
1 BTC to ر.س 313,722.02 SAR
CRTS to SAR
1 CRTS to ر.س 0.001512 SAR
ZRO to SAR
1 ZRO to ر.س 11.52 SAR
VIDT to SAR
1 VIDT to ر.س 0.09651 SAR
AMP to SAR
1 AMP to ر.س 0.01374 SAR
BERA to SAR
1 BERA to ر.س 21.71 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 Metars Genesis 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 Metars Genesis 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 Metars Genesis 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.
