AZIT
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 Azit(AZIT) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 AZIT at a value of 1 AZIT for 0.09 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 Azit currency pair is the AZIT to SAR, with for Azit's currency code being AZIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
AZIT to SAR conversion rate trend
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In the past 1D, Azit has changed -3.51% to SAR. Based on the trend and price charts, Azit(AZIT) has changed -3.51% to SAR while Saudi Riyal(SAR) has changed % to AZIT in the last 24 hours.
Conversion rate comparison of various exchanges
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Last updated 2024/12/22 16:00:04(UTC+0)
How to buy Azit
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Azit (AZIT)
Use a variety of payment options to buy Azit on Bitget. We'll show you how.
Buy AZIT (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of AZIT with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy AZIT with USDT via Bitget spot market.
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Sell AZIT (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of AZIT to SAR. However, you can first exchange AZIT 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 Azit to Saudi Riyal?
Azit to Saudi Riyal is falling this week.Azit's current market price is ر.س 0.08693 per AZIT, with a total market cap of ر.س 23,131,582.93 SAR based on a circulating supply of 266,106,370 AZIT. The trading volume of Azit has changed by -13.28% (ر.س -487,291.63 SAR) in the last 24 hours. Last trading day, AZIT's trading volume was ر.س 3,669,309.39.
Market cap
$6.16M
24h volume
$847.30K
Circulating supply
266.11M AZIT
Conversion tables
The exchange rate of Azit is increasing.1 AZIT is currently valued at ر.س 0.08693 SAR , which means buying 5 AZIT will cost ر.س 0.4346 SAR . Similarly, ر.س1 SAR can be traded for 11.5 AZIT, and ر.س50 SAR can be converted to 575.2 AZIT, excluding any platform or gas fees.
The exchange rate of 1 AZIT to Saudi Riyal has changed by -16.78% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.51%, reaching a high of 0.09215 SAR and a low of 0.08627 SAR . One month ago, the value of 1 AZIT was ر.س 0.08341 SAR , which represents a +4.22% change from its current value. Over the last year, Azit has changed by , resulting in a change of -59.71% in its value.
-ر.س
0.1288SARAZIT to SAR
Amount
23:30 today
0.5 AZIT
ر.س0.04346
1 AZIT
ر.س0.08693
5 AZIT
ر.س0.4346
10 AZIT
ر.س0.8693
50 AZIT
ر.س4.35
100 AZIT
ر.س8.69
500 AZIT
ر.س43.46
1000 AZIT
ر.س86.93
SAR to AZIT
Amount23:30 today
0.5SAR5.75 AZIT
1SAR11.5 AZIT
5SAR57.52 AZIT
10SAR115.04 AZIT
50SAR575.2 AZIT
100SAR1,150.4 AZIT
500SAR5,752.01 AZIT
1000SAR11,504.03 AZIT
Today vs. 24 hours ago
| Amount | 23:30 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 AZIT | $0.01157 | $0.01199 | -3.51% |
| 1 AZIT | $0.02315 | $0.02399 | -3.51% |
| 5 AZIT | $0.1157 | $0.1199 | -3.51% |
| 10 AZIT | $0.2315 | $0.2399 | -3.51% |
| 50 AZIT | $1.16 | $1.2 | -3.51% |
| 100 AZIT | $2.31 | $2.4 | -3.51% |
| 500 AZIT | $11.57 | $11.99 | -3.51% |
| 1000 AZIT | $23.15 | $23.99 | -3.51% |
Today vs. 1 month ago
| Amount | 23:30 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 AZIT | $0.01157 | $0.01110 | +4.22% |
| 1 AZIT | $0.02315 | $0.02221 | +4.22% |
| 5 AZIT | $0.1157 | $0.1110 | +4.22% |
| 10 AZIT | $0.2315 | $0.2221 | +4.22% |
| 50 AZIT | $1.16 | $1.11 | +4.22% |
| 100 AZIT | $2.31 | $2.22 | +4.22% |
| 500 AZIT | $11.57 | $11.1 | +4.22% |
| 1000 AZIT | $23.15 | $22.21 | +4.22% |
Today vs. 1 year ago
| Amount | 23:30 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 AZIT | $0.01157 | $0.02873 | -59.71% |
| 1 AZIT | $0.02315 | $0.05745 | -59.71% |
| 5 AZIT | $0.1157 | $0.2873 | -59.71% |
| 10 AZIT | $0.2315 | $0.5745 | -59.71% |
| 50 AZIT | $1.16 | $2.87 | -59.71% |
| 100 AZIT | $2.31 | $5.75 | -59.71% |
| 500 AZIT | $11.57 | $28.73 | -59.71% |
| 1000 AZIT | $23.15 | $57.45 | -59.71% |
Azit price prediction
What will the price of AZIT be in 2025?
Based on AZIT's historical price performance prediction model, the price of AZIT is projected to reach $0.04128 in 2025.
What will the price of AZIT be in 2030?
In 2030, the AZIT price is expected to change by +9.00%. By the end of 2030, the AZIT price is projected to reach $0.07637, with a cumulative ROI of +225.96%.
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Popular Azit conversions
Check out these popular currency conversions of Azit to several fiat currencies.
Azit to USD
1 AZIT to $ 0.02315 USD
Azit to GBP
1 AZIT to £ 0.01842 GBP
Azit to EUR
1 AZIT to € 0.02219 EUR
Azit to KRW
1 AZIT to ₩ 33.48 KRW
Azit to CAD
1 AZIT to $ 0.03326 CAD
Azit to AUD
1 AZIT to $ 0.03699 AUD
Azit to JPY
1 AZIT to ¥ 3.62 JPY
Azit to BRL
1 AZIT to R$ 0.1409 BRL
Azit to CNY
1 AZIT to ¥ 0.1689 CNY
Azit to TWD
1 AZIT to NT$ 0.7554 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Azit.
Hive to SAR
1 HIVE to ر.س 1.31 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 2.67 SAR
Bitcoin to SAR
1 BTC to ر.س 357,986.79 SAR
BitTorrent [New] to SAR
1 BTT to ر.س 0.{5}4244 SAR
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Steem to SAR
1 STEEM to ر.س 0.8468 SAR
Just a chill guy to SAR
1 CHILLGUY to ر.س 0.7010 SAR
FTX Token to SAR
1 FTT to ر.س 11.04 SAR
Livepeer to SAR
1 LPT to ر.س 59.78 SAR
Verge to SAR
1 XVG to ر.س 0.04974 SAR
LUCE to SAR
1 LUCE to ر.س 0.3195 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 Azit 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 Azit 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 Azit 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.
