FRM
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 Ferrum Network(FRM) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 FRM at a value of 1 FRM for 0.04 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 Ferrum Network currency pair is the FRM to SAR, with for Ferrum Network's currency code being FRM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
FRM to SAR conversion rate trend
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In the past 1D, Ferrum Network has changed -7.48% to SAR. Based on the trend and price charts, Ferrum Network(FRM) has changed -7.48% to SAR while Saudi Riyal(SAR) has changed % to FRM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.03891 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.س0.03914 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س0.03892 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 16:00:15(UTC+0)
How to buy Ferrum Network
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 Ferrum Network (FRM)
Use a variety of payment options to buy Ferrum Network on Bitget. We'll show you how.
Buy FRM (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of FRM with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy FRM 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 FRM (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of FRM to SAR. However, you can first exchange FRM 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 Ferrum Network to Saudi Riyal?
Ferrum Network to Saudi Riyal is falling this week.Ferrum Network's current market price is ر.س 0.03828 per FRM, with a total market cap of ر.س 10,986,432.93 SAR based on a circulating supply of 287,009,860 FRM. The trading volume of Ferrum Network has changed by +0.81% (ر.س 13,956.95 SAR) in the last 24 hours. Last trading day, FRM's trading volume was ر.س 1,714,402.06.
Market cap
$2.92M
24h volume
$460.12K
Circulating supply
287.01M FRM
Conversion tables
The exchange rate of Ferrum Network is decreasing.1 FRM is currently valued at ر.س 0.03828 SAR , which means buying 5 FRM will cost ر.س 0.1914 SAR . Similarly, ر.س1 SAR can be traded for 26.12 FRM, and ر.س50 SAR can be converted to 1,306.2 FRM, excluding any platform or gas fees.
The exchange rate of 1 FRM to Saudi Riyal has changed by -12.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.48%, reaching a high of 0.04129 SAR and a low of 0.03828 SAR . One month ago, the value of 1 FRM was ر.س 0.04357 SAR , which represents a -12.12% change from its current value. Over the last year, Ferrum Network has changed by , resulting in a change of -85.10% in its value.
-ر.س
0.2190SARFRM to SAR
Amount
18:38 today
0.5 FRM
ر.س0.01914
1 FRM
ر.س0.03828
5 FRM
ر.س0.1914
10 FRM
ر.س0.3828
50 FRM
ر.س1.91
100 FRM
ر.س3.83
500 FRM
ر.س19.14
1000 FRM
ر.س38.28
SAR to FRM
Amount18:38 today
0.5SAR13.06 FRM
1SAR26.12 FRM
5SAR130.62 FRM
10SAR261.24 FRM
50SAR1,306.2 FRM
100SAR2,612.4 FRM
500SAR13,062.01 FRM
1000SAR26,124.03 FRM
Today vs. 24 hours ago
| Amount | 18:38 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRM | $0.005095 | $0.005508 | -7.48% |
| 1 FRM | $0.01019 | $0.01102 | -7.48% |
| 5 FRM | $0.05095 | $0.05508 | -7.48% |
| 10 FRM | $0.1019 | $0.1102 | -7.48% |
| 50 FRM | $0.5095 | $0.5508 | -7.48% |
| 100 FRM | $1.02 | $1.1 | -7.48% |
| 500 FRM | $5.1 | $5.51 | -7.48% |
| 1000 FRM | $10.19 | $11.02 | -7.48% |
Today vs. 1 month ago
| Amount | 18:38 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRM | $0.005095 | $0.005800 | -12.12% |
| 1 FRM | $0.01019 | $0.01160 | -12.12% |
| 5 FRM | $0.05095 | $0.05800 | -12.12% |
| 10 FRM | $0.1019 | $0.1160 | -12.12% |
| 50 FRM | $0.5095 | $0.5800 | -12.12% |
| 100 FRM | $1.02 | $1.16 | -12.12% |
| 500 FRM | $5.1 | $5.8 | -12.12% |
| 1000 FRM | $10.19 | $11.6 | -12.12% |
Today vs. 1 year ago
| Amount | 18:38 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRM | $0.005095 | $0.03425 | -85.10% |
| 1 FRM | $0.01019 | $0.06849 | -85.10% |
| 5 FRM | $0.05095 | $0.3425 | -85.10% |
| 10 FRM | $0.1019 | $0.6849 | -85.10% |
| 50 FRM | $0.5095 | $3.42 | -85.10% |
| 100 FRM | $1.02 | $6.85 | -85.10% |
| 500 FRM | $5.1 | $34.25 | -85.10% |
| 1000 FRM | $10.19 | $68.49 | -85.10% |
Ferrum Network price prediction
What will the price of FRM be in 2025?
Based on FRM's historical price performance prediction model, the price of FRM is projected to reach $0.02239 in 2025.
What will the price of FRM be in 2030?
In 2030, the FRM price is expected to change by +5.00%. By the end of 2030, the FRM price is projected to reach $0.04006, with a cumulative ROI of +267.54%.
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Popular Ferrum Network conversions
Check out these popular currency conversions of Ferrum Network to several fiat currencies.
Ferrum Network to USD
1 FRM to $ 0.01019 USD
Ferrum Network to GBP
1 FRM to £ 0.008109 GBP
Ferrum Network to EUR
1 FRM to € 0.009770 EUR
Ferrum Network to KRW
1 FRM to ₩ 14.74 KRW
Ferrum Network to CAD
1 FRM to $ 0.01463 CAD
Ferrum Network to AUD
1 FRM to $ 0.01630 AUD
Ferrum Network to JPY
1 FRM to ¥ 1.59 JPY
Ferrum Network to BRL
1 FRM to R$ 0.06202 BRL
Ferrum Network to CNY
1 FRM to ¥ 0.07436 CNY
Ferrum Network to TWD
1 FRM to NT$ 0.3325 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Ferrum Network.
Hive to SAR
1 HIVE to ر.س 1.31 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 2.8 SAR
IDEX to SAR
1 IDEX to ر.س 0.2248 SAR
BitTorrent [New] to SAR
1 BTT to ر.س 0.{5}4230 SAR
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to SAR
1 SHOGGOTH to ر.س 0.2049 SAR
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FTX Token to SAR
1 FTT to ر.س 11.08 SAR
LUCE to SAR
1 LUCE to ر.س 0.3304 SAR
HEX (PulseChain) to SAR
1 HEX to ر.س 0.06094 SAR
DeXe to SAR
1 DEXE to ر.س 37.78 SAR
Livepeer to SAR
1 LPT to ر.س 61.5 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 Ferrum Network 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 Ferrum Network 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 Ferrum Network 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.
