MAGE
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 MAGE(MAGE) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 MAGE at a value of 1 MAGE 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.
Bitget crypto-to-fiat exchange data shows that the most popular MAGE currency pair is the MAGE to SAR, with for MAGE's currency code being MAGE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
MAGE to SAR conversion rate trend
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In the past 1D, MAGE has changed +0.00% to SAR. Based on the trend and price charts, MAGE(MAGE) has changed +0.00% to SAR while Saudi Riyal(SAR) has changed % to MAGE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.{4}1599 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:31:44(UTC+0)
How to buy MAGE
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Buy MAGE (MAGE)
Use a variety of payment options to buy MAGE on Bitget. We'll show you how.
Buy MAGE (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of MAGE with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy MAGE 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 MAGE (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of MAGE to SAR. However, you can first exchange MAGE 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 MAGE to Saudi Riyal?
MAGE to Saudi Riyal is falling this week.MAGE's current market price is ر.س 0.{4}1599 per MAGE, with a total market cap of ر.س 196,850.63 SAR based on a circulating supply of 12,309,768,000 MAGE. The trading volume of MAGE has changed by 0.00% (ر.س 0 SAR) in the last 24 hours. Last trading day, MAGE's trading volume was ر.س 0.
Market cap
$52.42K
24h volume
$0
Circulating supply
12.31B MAGE
Conversion tables
The exchange rate of MAGE is increasing.1 MAGE is currently valued at ر.س 0.{4}1599 SAR , which means buying 5 MAGE will cost ر.س 0.{4}7996 SAR . Similarly, ر.س1 SAR can be traded for 62,533.55 MAGE, and ر.س50 SAR can be converted to 3,126,677.49 MAGE, excluding any platform or gas fees.
The exchange rate of 1 MAGE to Saudi Riyal has changed by -25.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 0.{4}1599 SAR and a low of 0.{4}1599 SAR . One month ago, the value of 1 MAGE was ر.س 0.{4}1478 SAR , which represents a +8.23% change from its current value. Over the last year, MAGE has changed by , resulting in a change of -91.78% in its value.
-ر.س
0.0001785SARMAGE to SAR
Amount
23:51 today
0.5 MAGE
ر.س0.{5}7996
1 MAGE
ر.س0.{4}1599
5 MAGE
ر.س0.{4}7996
10 MAGE
ر.س0.0001599
50 MAGE
ر.س0.0007996
100 MAGE
ر.س0.001599
500 MAGE
ر.س0.007996
1000 MAGE
ر.س0.01599
SAR to MAGE
Amount23:51 today
0.5SAR31,266.77 MAGE
1SAR62,533.55 MAGE
5SAR312,667.75 MAGE
10SAR625,335.5 MAGE
50SAR3,126,677.49 MAGE
100SAR6,253,354.98 MAGE
500SAR31,266,774.91 MAGE
1000SAR62,533,549.83 MAGE
Today vs. 24 hours ago
| Amount | 23:51 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAGE | $0.{5}2129 | $0.{5}2129 | +0.00% |
| 1 MAGE | $0.{5}4258 | $0.{5}4258 | +0.00% |
| 5 MAGE | $0.{4}2129 | $0.{4}2129 | +0.00% |
| 10 MAGE | $0.{4}4258 | $0.{4}4258 | +0.00% |
| 50 MAGE | $0.0002129 | $0.0002129 | +0.00% |
| 100 MAGE | $0.0004258 | $0.0004258 | +0.00% |
| 500 MAGE | $0.002129 | $0.002129 | +0.00% |
| 1000 MAGE | $0.004258 | $0.004258 | +0.00% |
Today vs. 1 month ago
| Amount | 23:51 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAGE | $0.{5}2129 | $0.{5}1967 | +8.23% |
| 1 MAGE | $0.{5}4258 | $0.{5}3934 | +8.23% |
| 5 MAGE | $0.{4}2129 | $0.{4}1967 | +8.23% |
| 10 MAGE | $0.{4}4258 | $0.{4}3934 | +8.23% |
| 50 MAGE | $0.0002129 | $0.0001967 | +8.23% |
| 100 MAGE | $0.0004258 | $0.0003934 | +8.23% |
| 500 MAGE | $0.002129 | $0.001967 | +8.23% |
| 1000 MAGE | $0.004258 | $0.003934 | +8.23% |
Today vs. 1 year ago
| Amount | 23:51 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAGE | $0.{5}2129 | $0.{4}2589 | -91.78% |
| 1 MAGE | $0.{5}4258 | $0.{4}5178 | -91.78% |
| 5 MAGE | $0.{4}2129 | $0.0002589 | -91.78% |
| 10 MAGE | $0.{4}4258 | $0.0005178 | -91.78% |
| 50 MAGE | $0.0002129 | $0.002589 | -91.78% |
| 100 MAGE | $0.0004258 | $0.005178 | -91.78% |
| 500 MAGE | $0.002129 | $0.02589 | -91.78% |
| 1000 MAGE | $0.004258 | $0.05178 | -91.78% |
MAGE price prediction
What will the price of MAGE be in 2025?
Based on MAGE's historical price performance prediction model, the price of MAGE is projected to reach $0.{4}1038 in 2025.
What will the price of MAGE be in 2030?
In 2030, the MAGE price is expected to change by -7.00%. By the end of 2030, the MAGE price is projected to reach $0.{4}2147, with a cumulative ROI of +404.17%.
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Popular MAGE conversions
Check out these popular currency conversions of MAGE to several fiat currencies.
MAGE to USD
1 MAGE to $ 0.{5}4258 USD
MAGE to GBP
1 MAGE to £ 0.{5}3389 GBP
MAGE to EUR
1 MAGE to € 0.{5}4082 EUR
MAGE to KRW
1 MAGE to ₩ 0.006158 KRW
MAGE to CAD
1 MAGE to $ 0.{5}6119 CAD
MAGE to AUD
1 MAGE to $ 0.{5}6806 AUD
MAGE to JPY
1 MAGE to ¥ 0.0006661 JPY
MAGE to BRL
1 MAGE to R$ 0.{4}2592 BRL
MAGE to CNY
1 MAGE to ¥ 0.{4}3106 CNY
MAGE to TWD
1 MAGE to NT$ 0.0001390 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in MAGE.
Hive to SAR
1 HIVE to ر.س 1.29 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 2.62 SAR
Bitcoin to SAR
1 BTC to ر.س 357,291.47 SAR
BitTorrent [New] to SAR
1 BTT to ر.س 0.{5}4242 SAR
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Steem to SAR
1 STEEM to ر.س 0.8351 SAR
Just a chill guy to SAR
1 CHILLGUY to ر.س 0.6980 SAR
FTX Token to SAR
1 FTT to ر.س 11.03 SAR
Livepeer to SAR
1 LPT to ر.س 58.12 SAR
Verge to SAR
1 XVG to ر.س 0.05027 SAR
LUCE to SAR
1 LUCE to ر.س 0.3186 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 MAGE 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 MAGE 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 MAGE 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.
