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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.58%
New listings on Bitget: Pi Network
BTC/USDT$82028.10 (+2.06%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$149.5M (1D); -$653.5M (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 dominance62.58%
New listings on Bitget: Pi Network
BTC/USDT$82028.10 (+2.06%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$149.5M (1D); -$653.5M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
MWC
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 MimbleWimbleCoin(MWC) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 MWC at a value of 1 MWC for 79.41 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 MimbleWimbleCoin currency pair is the MWC to SAR, with for MimbleWimbleCoin's currency code being MWC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
MWC to SAR conversion rate trend
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In the past 1D, MimbleWimbleCoin has changed -0.17% to SAR. Based on the trend and price charts, MimbleWimbleCoin(MWC) has changed -0.17% to SAR while Saudi Riyal(SAR) has changed % to MWC in the last 24 hours.
MWC to SAR market statistics
MWC/SAR:
ر.س 79.41
MWC 24h volume:
ر.س 641,168.21
MWC market cap:
--
MWC circulating supply:
0 MWC
More info about MimbleWimbleCoin on Bitget
Current MWC to SAR exchange rate
MimbleWimbleCoin to Saudi Riyal is falling this week.MimbleWimbleCoin's current market price is ر.س 79.41 per MWC, with a total market cap of ر.س 0 SAR based on a circulating supply of -- MWC. The trading volume of MimbleWimbleCoin has changed by -25.12% (ر.س -215,077.89 SAR) in the last 24 hours. Last trading day, MWC's trading volume was ر.س 856,246.1.
MWC to SAR Conversion tables
The exchange rate of MimbleWimbleCoin is increasing.1 MWC is currently valued at ر.س 79.41 SAR , which means buying 5 MWC will cost ر.س 397.06 SAR . Similarly, ر.س1 SAR can be traded for 0.01259 MWC, and ر.س50 SAR can be converted to 0.6296 MWC, excluding any platform or gas fees.
The exchange rate of 1 MWC to Saudi Riyal has changed by -2.33% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.17%, reaching a high of 79.45 SAR and a low of 77.6 SAR . One month ago, the value of 1 MWC was ر.س 59.85 SAR , which represents a +32.68% change from its current value. Over the last year, MimbleWimbleCoin has changed by , resulting in a change of +43.92% in its value.
+ر.س
1.71SARMWC to SAR
Amount
15:24 today
0.5 MWC
ر.س39.71
1 MWC
ر.س79.41
5 MWC
ر.س397.06
10 MWC
ر.س794.12
50 MWC
ر.س3,970.6
100 MWC
ر.س7,941.19
500 MWC
ر.س39,705.97
1000 MWC
ر.س79,411.94
SAR to MWC
Amount15:24 today
0.5SAR0.006296 MWC
1SAR0.01259 MWC
5SAR0.06296 MWC
10SAR0.1259 MWC
50SAR0.6296 MWC
100SAR1.26 MWC
500SAR6.3 MWC
1000SAR12.59 MWC
MWC to SAR Today vs. 24 hours ago
| Amount | 15:24 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MWC | ر.س39.71 | ر.س39.77 | -0.17% |
| 1 MWC | ر.س79.41 | ر.س79.55 | -0.17% |
| 5 MWC | ر.س397.06 | ر.س397.75 | -0.17% |
| 10 MWC | ر.س794.12 | ر.س795.49 | -0.17% |
| 50 MWC | ر.س3,970.6 | ر.س3,977.45 | -0.17% |
| 100 MWC | ر.س7,941.19 | ر.س7,954.91 | -0.17% |
| 500 MWC | ر.س39,705.97 | ر.س39,774.55 | -0.17% |
| 1000 MWC | ر.س79,411.94 | ر.س79,549.1 | -0.17% |
MWC to SAR Today vs. 1 month ago
| Amount | 15:24 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MWC | ر.س39.71 | ر.س29.93 | +32.68% |
| 1 MWC | ر.س79.41 | ر.س59.85 | +32.68% |
| 5 MWC | ر.س397.06 | ر.س299.26 | +32.68% |
| 10 MWC | ر.س794.12 | ر.س598.52 | +32.68% |
| 50 MWC | ر.س3,970.6 | ر.س2,992.59 | +32.68% |
| 100 MWC | ر.س7,941.19 | ر.س5,985.18 | +32.68% |
| 500 MWC | ر.س39,705.97 | ر.س29,925.9 | +32.68% |
| 1000 MWC | ر.س79,411.94 | ر.س59,851.81 | +32.68% |
MWC to SAR Today vs. 1 year ago
| Amount | 15:24 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MWC | ر.س39.71 | ر.س27.59 | +43.92% |
| 1 MWC | ر.س79.41 | ر.س55.18 | +43.92% |
| 5 MWC | ر.س397.06 | ر.س275.88 | +43.92% |
| 10 MWC | ر.س794.12 | ر.س551.77 | +43.92% |
| 50 MWC | ر.س3,970.6 | ر.س2,758.84 | +43.92% |
| 100 MWC | ر.س7,941.19 | ر.س5,517.68 | +43.92% |
| 500 MWC | ر.س39,705.97 | ر.س27,588.39 | +43.92% |
| 1000 MWC | ر.س79,411.94 | ر.س55,176.78 | +43.92% |
How to convert MWC to SAR
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Buy MWC (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of MWC with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy MWC with USDT via Bitget spot market.
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Sell MWC (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of MWC to SAR. However, you can first exchange MWC 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 MWC to SAR?
There are many factors that affect the relationship between MimbleWimbleCoin 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 MWC/SAR. When there is positive news in the market about the widespread adoption of MWC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MWC/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MWC/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 MWC/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 MimbleWimbleCoin and adjust their investment strategies accordingly in the evolving market.
MimbleWimbleCoin price prediction
What will the price of MWC be in 2026?
Based on MWC's historical price performance prediction model, the price of MWC is projected to reach $19.71 in 2026.
What will the price of MWC be in 2031?
In 2031, the MWC price is expected to change by -3.00%. By the end of 2031, the MWC price is projected to reach $35.27, with a cumulative ROI of +69.05%.
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Popular MimbleWimbleCoin Converter
Check out these popular currency conversions of MimbleWimbleCoin to several fiat currencies.
MWC to TWD
1 MWC to NT$ 683.88 TWD
MWC to CNY
1 MWC to ¥ 154.64 CNY
MWC to USD
1 MWC to $ 21.15 USD
MWC to EUR
1 MWC to € 18.61 EUR
MWC to CAD
1 MWC to $ 29.36 CAD
MWC to SAR
1 MWC to ر.س 79.41 SAR
MWC to KRW
1 MWC to ₩ 30,176.91 KRW
MWC to JPY
1 MWC to ¥ 3,027.18 JPY
MWC to GBP
1 MWC to £ 16.15 GBP
MWC to BRL
1 MWC to R$ 124.26 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in MimbleWimbleCoin.
ORCA to SAR
1 ORCA to ر.س 11.17 SAR
CRV to SAR
1 CRV to ر.س 2.3 SAR
BIGTIME to SAR
1 BIGTIME to ر.س 0.2698 SAR
VIRTUAL to SAR
1 VIRTUAL to ر.س 1.98 SAR
JASMY to SAR
1 JASMY to ر.س 0.04708 SAR
XCN to SAR
1 XCN to ر.س 0.08729 SAR
AUCTION to SAR
1 AUCTION to ر.س 47.84 SAR
POPCAT to SAR
1 POPCAT to ر.س 0.8252 SAR
CAKE to SAR
1 CAKE to ر.س 7.49 SAR
AERGO to SAR
1 AERGO to ر.س 0.8252 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 MimbleWimbleCoin 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 MimbleWimbleCoin 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 MimbleWimbleCoin 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.
