CFG
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 Centrifuge(CFG) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 CFG at a value of 1 CFG for 1.24 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 Centrifuge currency pair is the CFG to SAR, with for Centrifuge's currency code being CFG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
CFG to SAR conversion rate trend
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In the past 1D, Centrifuge has changed -2.21% to SAR. Based on the trend and price charts, Centrifuge(CFG) has changed -2.21% to SAR while Saudi Riyal(SAR) has changed % to CFG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س1.25 | 0.0200% / 0.0320%  VIP 7 | |
OKX | ر.س1.26 | 0.080% / 0.100% | Yes |
Gate.io | ر.س1.25 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س1.25 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy Centrifuge
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Centrifuge (CFG)
Use a variety of payment options to buy Centrifuge on Bitget. We'll show you how.
Buy CFG (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of CFG with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy CFG 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 CFG (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of CFG to SAR. However, you can first exchange CFG 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 Centrifuge to Saudi Riyal?
Centrifuge to Saudi Riyal is falling this week.Centrifuge's current market price is ر.س 1.24 per CFG, with a total market cap of ر.س 634,178,421.57 SAR based on a circulating supply of 509,757,600 CFG. The trading volume of Centrifuge has changed by -67.16% (ر.س -11,369,930.49 SAR) in the last 24 hours. Last trading day, CFG's trading volume was ر.س 16,929,036.81.
Market cap
$168.83M
24h volume
$1.48M
Circulating supply
509.76M CFG
Conversion tables
The exchange rate of Centrifuge is decreasing.1 CFG is currently valued at ر.س 1.24 SAR , which means buying 5 CFG will cost ر.س 6.22 SAR . Similarly, ر.س1 SAR can be traded for 0.8038 CFG, and ر.س50 SAR can be converted to 40.19 CFG, excluding any platform or gas fees.
The exchange rate of 1 CFG to Saudi Riyal has changed by -20.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.21%, reaching a high of 1.27 SAR and a low of 1.2 SAR . One month ago, the value of 1 CFG was ر.س 1.52 SAR , which represents a -18.42% change from its current value. Over the last year, Centrifuge has changed by , resulting in a change of -57.71% in its value.
-ر.س
1.7SARCFG to SAR
Amount
13:31 today
0.5 CFG
ر.س0.6220
1 CFG
ر.س1.24
5 CFG
ر.س6.22
10 CFG
ر.س12.44
50 CFG
ر.س62.2
100 CFG
ر.س124.41
500 CFG
ر.س622.04
1000 CFG
ر.س1,244.08
SAR to CFG
Amount13:31 today
0.5SAR0.4019 CFG
1SAR0.8038 CFG
5SAR4.02 CFG
10SAR8.04 CFG
50SAR40.19 CFG
100SAR80.38 CFG
500SAR401.9 CFG
1000SAR803.81 CFG
Today vs. 24 hours ago
| Amount | 13:31 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CFG | $0.1656 | $0.1693 | -2.21% |
| 1 CFG | $0.3312 | $0.3387 | -2.21% |
| 5 CFG | $1.66 | $1.69 | -2.21% |
| 10 CFG | $3.31 | $3.39 | -2.21% |
| 50 CFG | $16.56 | $16.93 | -2.21% |
| 100 CFG | $33.12 | $33.87 | -2.21% |
| 500 CFG | $165.6 | $169.35 | -2.21% |
| 1000 CFG | $331.2 | $338.69 | -2.21% |
Today vs. 1 month ago
| Amount | 13:31 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CFG | $0.1656 | $0.2030 | -18.42% |
| 1 CFG | $0.3312 | $0.4060 | -18.42% |
| 5 CFG | $1.66 | $2.03 | -18.42% |
| 10 CFG | $3.31 | $4.06 | -18.42% |
| 50 CFG | $16.56 | $20.3 | -18.42% |
| 100 CFG | $33.12 | $40.6 | -18.42% |
| 500 CFG | $165.6 | $202.99 | -18.42% |
| 1000 CFG | $331.2 | $405.97 | -18.42% |
Today vs. 1 year ago
| Amount | 13:31 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CFG | $0.1656 | $0.3916 | -57.71% |
| 1 CFG | $0.3312 | $0.7831 | -57.71% |
| 5 CFG | $1.66 | $3.92 | -57.71% |
| 10 CFG | $3.31 | $7.83 | -57.71% |
| 50 CFG | $16.56 | $39.16 | -57.71% |
| 100 CFG | $33.12 | $78.31 | -57.71% |
| 500 CFG | $165.6 | $391.57 | -57.71% |
| 1000 CFG | $331.2 | $783.14 | -57.71% |
Centrifuge price prediction
What will the price of CFG be in 2025?
Based on CFG's historical price performance prediction model, the price of CFG is projected to reach $0.6168 in 2025.
What will the price of CFG be in 2030?
In 2030, the CFG price is expected to change by +5.00%. By the end of 2030, the CFG price is projected to reach $1.13, with a cumulative ROI of +245.22%.
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Popular Centrifuge conversions
Check out these popular currency conversions of Centrifuge to several fiat currencies.
Centrifuge to USD
1 CFG to $ 0.3312 USD
Centrifuge to GBP
1 CFG to £ 0.2635 GBP
Centrifuge to EUR
1 CFG to € 0.3175 EUR
Centrifuge to KRW
1 CFG to ₩ 479.05 KRW
Centrifuge to CAD
1 CFG to $ 0.4755 CAD
Centrifuge to AUD
1 CFG to $ 0.5298 AUD
Centrifuge to JPY
1 CFG to ¥ 51.81 JPY
Centrifuge to BRL
1 CFG to R$ 2.02 BRL
Centrifuge to CNY
1 CFG to ¥ 2.42 CNY
Centrifuge to TWD
1 CFG to NT$ 10.81 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Centrifuge.
Hive to SAR
1 HIVE to ر.س 1.39 SAR
IDEX to SAR
1 IDEX to ر.س 0.2293 SAR
Shoggoth (shoggoth.monster) to SAR
1 SHOGGOTH to ر.س 0.1827 SAR
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HEX (PulseChain) to SAR
1 HEX to ر.س 0.06112 SAR
Adventure Gold to SAR
1 AGLD to ر.س 6.66 SAR
Livepeer to SAR
1 LPT to ر.س 55.46 SAR
Hunt Town to SAR
1 HUNT to ر.س 1.43 SAR
Chintai to SAR
1 CHEX to ر.س 2.06 SAR
XPR Network to SAR
1 XPR to ر.س 0.005441 SAR
BORA to SAR
1 BORA to ر.س 0.5597 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 Centrifuge 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 Centrifuge 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 Centrifuge 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.
