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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.78%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$81689.99 (-2.86%)Fear and Greed Index27(Fear)
Total spot Bitcoin ETF netflow +$13.3M (1D); -$1.3B (7D).Coins listed in Pre-MarketPAWS,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 share60.78%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$81689.99 (-2.86%)Fear and Greed Index27(Fear)
Total spot Bitcoin ETF netflow +$13.3M (1D); -$1.3B (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
PTS
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 Piteas(PTS) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 PTS at a value of 1 PTS for 0.20 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 Piteas currency pair is the PTS to SAR, with for Piteas's currency code being PTS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
PTS to SAR conversion rate trend
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In the past 1D, Piteas has changed -4.42% to SAR. Based on the trend and price charts, Piteas(PTS) has changed -4.42% to SAR while Saudi Riyal(SAR) has changed % to PTS in the last 24 hours.
PTS to SAR market statistics
PTS/SAR:
ر.س 0.1965
PTS 24h volume:
--
PTS market cap:
--
PTS circulating supply:
0 PTS
More info about Piteas on Bitget
Current PTS to SAR exchange rate
Piteas to Saudi Riyal is falling this week.Piteas's current market price is ر.س 0.1965 per PTS, with a total market cap of ر.س 0 SAR based on a circulating supply of -- PTS. The trading volume of Piteas has changed by -100.00% (ر.س -- SAR) in the last 24 hours. Last trading day, PTS's trading volume was ر.س --.
PTS to SAR Conversion tables
The exchange rate of Piteas is decreasing.1 PTS is currently valued at ر.س 0.1965 SAR , which means buying 5 PTS will cost ر.س 0.9826 SAR . Similarly, ر.س1 SAR can be traded for 5.09 PTS, and ر.س50 SAR can be converted to 254.44 PTS, excluding any platform or gas fees.
The exchange rate of 1 PTS to Saudi Riyal has changed by -27.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.42%, reaching a high of 0.2075 SAR and a low of 0.1930 SAR . One month ago, the value of 1 PTS was ر.س 0.4284 SAR , which represents a -54.12% change from its current value. Over the last year, Piteas has changed by , resulting in a change of -65.34% in its value.
-ر.س
0.3705SARPTS to SAR
Amount
01:54 am today
0.5 PTS
ر.س0.09826
1 PTS
ر.س0.1965
5 PTS
ر.س0.9826
10 PTS
ر.س1.97
50 PTS
ر.س9.83
100 PTS
ر.س19.65
500 PTS
ر.س98.26
1000 PTS
ر.س196.51
SAR to PTS
Amount01:54 am today
0.5SAR2.54 PTS
1SAR5.09 PTS
5SAR25.44 PTS
10SAR50.89 PTS
50SAR254.44 PTS
100SAR508.87 PTS
500SAR2,544.36 PTS
1000SAR5,088.72 PTS
PTS to SAR Today vs. 24 hours ago
| Amount | 01:54 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PTS | ر.س0.09826 | ر.س0.1028 | -4.42% |
| 1 PTS | ر.س0.1965 | ر.س0.2056 | -4.42% |
| 5 PTS | ر.س0.9826 | ر.س1.03 | -4.42% |
| 10 PTS | ر.س1.97 | ر.س2.06 | -4.42% |
| 50 PTS | ر.س9.83 | ر.س10.28 | -4.42% |
| 100 PTS | ر.س19.65 | ر.س20.56 | -4.42% |
| 500 PTS | ر.س98.26 | ر.س102.8 | -4.42% |
| 1000 PTS | ر.س196.51 | ر.س205.61 | -4.42% |
PTS to SAR Today vs. 1 month ago
| Amount | 01:54 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PTS | ر.س0.09826 | ر.س0.2142 | -54.12% |
| 1 PTS | ر.س0.1965 | ر.س0.4284 | -54.12% |
| 5 PTS | ر.س0.9826 | ر.س2.14 | -54.12% |
| 10 PTS | ر.س1.97 | ر.س4.28 | -54.12% |
| 50 PTS | ر.س9.83 | ر.س21.42 | -54.12% |
| 100 PTS | ر.س19.65 | ر.س42.84 | -54.12% |
| 500 PTS | ر.س98.26 | ر.س214.18 | -54.12% |
| 1000 PTS | ر.س196.51 | ر.س428.37 | -54.12% |
PTS to SAR Today vs. 1 year ago
| Amount | 01:54 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PTS | ر.س0.09826 | ر.س0.2835 | -65.34% |
| 1 PTS | ر.س0.1965 | ر.س0.5671 | -65.34% |
| 5 PTS | ر.س0.9826 | ر.س2.84 | -65.34% |
| 10 PTS | ر.س1.97 | ر.س5.67 | -65.34% |
| 50 PTS | ر.س9.83 | ر.س28.35 | -65.34% |
| 100 PTS | ر.س19.65 | ر.س56.71 | -65.34% |
| 500 PTS | ر.س98.26 | ر.س283.53 | -65.34% |
| 1000 PTS | ر.س196.51 | ر.س567.05 | -65.34% |
How to convert PTS to SAR
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert PTS to SAR
Use a variety of payment options to buy Piteas on Bitget. We'll show you how.
Buy PTS (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of PTS with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy PTS 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 PTS (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of PTS to SAR. However, you can first exchange PTS 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 PTS to SAR?
There are many factors that affect the relationship between Piteas 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 PTS/SAR. When there is positive news in the market about the widespread adoption of PTS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PTS/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PTS/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 PTS/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 Piteas and adjust their investment strategies accordingly in the evolving market.
Piteas price prediction
What will the price of PTS be in 2026?
Based on PTS's historical price performance prediction model, the price of PTS is projected to reach $0.06340 in 2026.
What will the price of PTS be in 2031?
In 2031, the PTS price is expected to change by +5.00%. By the end of 2031, the PTS price is projected to reach $0.09687, with a cumulative ROI of +84.92%.
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Popular Piteas Converter
Check out these popular currency conversions of Piteas to several fiat currencies.
PTS to TWD
1 PTS to NT$ 1.73 TWD
PTS to CNY
1 PTS to ¥ 0.3796 CNY
PTS to USD
1 PTS to $ 0.05240 USD
PTS to AUD
1 PTS to $ 0.08335 AUD
PTS to EUR
1 PTS to € 0.04827 EUR
PTS to CAD
1 PTS to $ 0.07559 CAD
PTS to SAR
1 PTS to ر.س 0.1965 SAR
PTS to KRW
1 PTS to ₩ 76.17 KRW
PTS to JPY
1 PTS to ¥ 7.75 JPY
PTS to GBP
1 PTS to £ 0.04046 GBP
PTS to BRL
1 PTS to R$ 0.3040 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Piteas.
TRUMP to SAR
1 TRUMP to ر.س 41.83 SAR
XLM to SAR
1 XLM to ر.س 1.03 SAR
BNB to SAR
1 BNB to ر.س 2,177.68 SAR
S to SAR
1 S to ر.س 1.86 SAR
BTC to SAR
1 BTC to ر.س 306,743.83 SAR
PNUT to SAR
1 PNUT to ر.س 0.6428 SAR
PEPE to SAR
1 PEPE to ر.س 0.{4}2569 SAR
LAYER to SAR
1 LAYER to ر.س 4.55 SAR
LAI to SAR
1 LAI to ر.س 0.03136 SAR
POPCAT to SAR
1 POPCAT to ر.س 0.6824 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 Piteas 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 Piteas 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 Piteas 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.
