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Karatgold Coin to Saudi Riyal Converter and calculator

Convert 1Karatgold Coin (KBC) to Saudi Riyal (SAR) equals ر.س 0.002528 | Bitget
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Last updated 2024/12/23 18:08:39 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Karatgold Coin(KBC) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 KBC at a value of 1 KBC for 0.00 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Karatgold Coin currency pair is the KBC to SAR, with for Karatgold Coin's currency code being KBC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

KBC to SAR conversion rate trend

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Live Karatgold Coin (KBC) price chart
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In the past 1D, Karatgold Coin has changed +6.31% to SAR. Based on the trend and price charts, Karatgold Coin(KBC) has changed +6.31% to SAR while Saudi Riyal(SAR) has changed -5.94% to KBC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.002528
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 16:35:14(UTC+0)

How to buy Karatgold Coin

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Buy Karatgold Coin (KBC)
Use a variety of payment options to buy Karatgold Coin on Bitget. We'll show you how.

Buy KBC (or USDT) for SAR (Saudi Riyal) offers

Bitget P2P trading does not currently support direct buying of KBC with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy KBC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell KBC (or USDT) for SAR (Saudi Riyal) offers

Bitget P2P trading currently does not support direct selling of KBC to SAR. However, you can first exchange KBC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Karatgold Coin to Saudi Riyal?

Karatgold Coin to Saudi Riyal is rising this week.
Karatgold Coin's current market price is ر.س 0.002528 per KBC, with a total market cap of ر.س 0 SAR based on a circulating supply of -- KBC. The trading volume of Karatgold Coin has changed by 0.00% (ر.س 0 SAR) in the last 24 hours. Last trading day, KBC's trading volume was ر.س 0.
Market cap
$0
24h volume
$0
Circulating supply
0 KBC

Conversion tables

The exchange rate of Karatgold Coin is increasing.
1 KBC is currently valued at ر.س 0.002528 SAR , which means buying 5 KBC will cost ر.س 0.01264 SAR . Similarly, ر.س1 SAR can be traded for 395.62 KBC, and ر.س50 SAR can be converted to 19,781.03 KBC, excluding any platform or gas fees.
The exchange rate of 1 KBC to Saudi Riyal has changed by +12.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.31%, reaching a high of 0.001161 SAR and a low of 0.001080 SAR . One month ago, the value of 1 KBC was ر.س 0.002346 SAR , which represents a +18.53% change from its current value. Over the last year, Karatgold Coin has changed by
+ر.س
0.0004380SAR
, resulting in a change of +60.70% in its value.

KBC to SAR

Amount
18:08 today
0.5 KBC
ر.س0.001264
1 KBC
ر.س0.002528
5 KBC
ر.س0.01264
10 KBC
ر.س0.02528
50 KBC
ر.س0.1264
100 KBC
ر.س0.2528
500 KBC
ر.س1.26
1000 KBC
ر.س2.53

SAR to KBC

Amount18:08 today
0.5SAR197.81  KBC
1SAR395.62  KBC
5SAR1,978.1  KBC
10SAR3,956.21  KBC
50SAR19,781.03  KBC
100SAR39,562.05  KBC
500SAR197,810.26  KBC
1000SAR395,620.52  KBC

Today vs. 24 hours ago

Amount18:08 today24 hours ago24h change
0.5 KBC$0.0003364$0.0003273
+6.31%
1 KBC$0.0006729$0.0006545
+6.31%
5 KBC$0.003364$0.003273
+6.31%
10 KBC$0.006729$0.006545
+6.31%
50 KBC$0.03364$0.03273
+6.31%
100 KBC$0.06729$0.06545
+6.31%
500 KBC$0.3364$0.3273
+6.31%
1000 KBC$0.6729$0.6545
+6.31%

Today vs. 1 month ago

Amount18:08 today1 month ago1M change
0.5 KBC$0.0003364$0.0003123
+18.53%
1 KBC$0.0006729$0.0006246
+18.53%
5 KBC$0.003364$0.003123
+18.53%
10 KBC$0.006729$0.006246
+18.53%
50 KBC$0.03364$0.03123
+18.53%
100 KBC$0.06729$0.06246
+18.53%
500 KBC$0.3364$0.3123
+18.53%
1000 KBC$0.6729$0.6246
+18.53%

Today vs. 1 year ago

Amount18:08 today1 year ago1Y change
0.5 KBC$0.0003364$0.0002781
+60.70%
1 KBC$0.0006729$0.0005563
+60.70%
5 KBC$0.003364$0.002781
+60.70%
10 KBC$0.006729$0.005563
+60.70%
50 KBC$0.03364$0.02781
+60.70%
100 KBC$0.06729$0.05563
+60.70%
500 KBC$0.3364$0.2781
+60.70%
1000 KBC$0.6729$0.5563
+60.70%

Karatgold Coin price prediction

What will the price of KBC be in 2025?

Based on KBC's historical price performance prediction model, the price of KBC is projected to reach $0.001488 in 2025.

What will the price of KBC be in 2030?

In 2030, the KBC price is expected to change by -15.00%. By the end of 2030, the KBC price is projected to reach $0.002212, with a cumulative ROI of +229.17%.

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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.