MED
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 MediBloc(MED) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 MED at a value of 1 MED 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 MediBloc currency pair is the MED to SAR, with for MediBloc's currency code being MED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
MED to SAR conversion rate trend
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In the past 1D, MediBloc has changed -1.59% to SAR. Based on the trend and price charts, MediBloc(MED) has changed -1.59% to SAR while Saudi Riyal(SAR) has changed % to MED in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.03929 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.س0.03668 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 00:00:25(UTC+0)
How to buy MediBloc
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 MediBloc (MED)
Use a variety of payment options to buy MediBloc on Bitget. We'll show you how.
Buy MED (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of MED with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy MED 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 MED (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of MED to SAR. However, you can first exchange MED 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 MediBloc to Saudi Riyal?
MediBloc to Saudi Riyal is falling this week.MediBloc's current market price is ر.س 0.03972 per MED, with a total market cap of ر.س 379,054,233.22 SAR based on a circulating supply of 9,543,627,000 MED. The trading volume of MediBloc has changed by -36.74% (ر.س -7,135,392.01 SAR) in the last 24 hours. Last trading day, MED's trading volume was ر.س 19,421,370.25.
Market cap
$100.91M
24h volume
$3.27M
Circulating supply
9.54B MED
Conversion tables
The exchange rate of MediBloc is increasing.1 MED is currently valued at ر.س 0.03972 SAR , which means buying 5 MED will cost ر.س 0.1986 SAR . Similarly, ر.س1 SAR can be traded for 25.18 MED, and ر.س50 SAR can be converted to 1,258.87 MED, excluding any platform or gas fees.
The exchange rate of 1 MED to Saudi Riyal has changed by -8.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.59%, reaching a high of 0.04125 SAR and a low of 0.03780 SAR . One month ago, the value of 1 MED was ر.س 0.03684 SAR , which represents a +7.82% change from its current value. Over the last year, MediBloc has changed by , resulting in a change of -18.00% in its value.
-ر.س
0.008720SARMED to SAR
Amount
06:48 am today
0.5 MED
ر.س0.01986
1 MED
ر.س0.03972
5 MED
ر.س0.1986
10 MED
ر.س0.3972
50 MED
ر.س1.99
100 MED
ر.س3.97
500 MED
ر.س19.86
1000 MED
ر.س39.72
SAR to MED
Amount06:48 am today
0.5SAR12.59 MED
1SAR25.18 MED
5SAR125.89 MED
10SAR251.77 MED
50SAR1,258.87 MED
100SAR2,517.75 MED
500SAR12,588.74 MED
1000SAR25,177.47 MED
Today vs. 24 hours ago
| Amount | 06:48 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MED | $0.005287 | $0.005372 | -1.59% |
| 1 MED | $0.01057 | $0.01074 | -1.59% |
| 5 MED | $0.05287 | $0.05372 | -1.59% |
| 10 MED | $0.1057 | $0.1074 | -1.59% |
| 50 MED | $0.5287 | $0.5372 | -1.59% |
| 100 MED | $1.06 | $1.07 | -1.59% |
| 500 MED | $5.29 | $5.37 | -1.59% |
| 1000 MED | $10.57 | $10.74 | -1.59% |
Today vs. 1 month ago
| Amount | 06:48 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MED | $0.005287 | $0.004903 | +7.82% |
| 1 MED | $0.01057 | $0.009807 | +7.82% |
| 5 MED | $0.05287 | $0.04903 | +7.82% |
| 10 MED | $0.1057 | $0.09807 | +7.82% |
| 50 MED | $0.5287 | $0.4903 | +7.82% |
| 100 MED | $1.06 | $0.9807 | +7.82% |
| 500 MED | $5.29 | $4.9 | +7.82% |
| 1000 MED | $10.57 | $9.81 | +7.82% |
Today vs. 1 year ago
| Amount | 06:48 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MED | $0.005287 | $0.006448 | -18.00% |
| 1 MED | $0.01057 | $0.01290 | -18.00% |
| 5 MED | $0.05287 | $0.06448 | -18.00% |
| 10 MED | $0.1057 | $0.1290 | -18.00% |
| 50 MED | $0.5287 | $0.6448 | -18.00% |
| 100 MED | $1.06 | $1.29 | -18.00% |
| 500 MED | $5.29 | $6.45 | -18.00% |
| 1000 MED | $10.57 | $12.9 | -18.00% |
MediBloc price prediction
What will the price of MED be in 2025?
Based on MED's historical price performance prediction model, the price of MED is projected to reach $0.01705 in 2025.
What will the price of MED be in 2030?
In 2030, the MED price is expected to change by -7.00%. By the end of 2030, the MED price is projected to reach $0.03920, with a cumulative ROI of +280.33%.
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Popular MediBloc conversions
Check out these popular currency conversions of MediBloc to several fiat currencies.
MediBloc to USD
1 MED to $ 0.01057 USD
MediBloc to GBP
1 MED to £ 0.008414 GBP
MediBloc to EUR
1 MED to € 0.01014 EUR
MediBloc to KRW
1 MED to ₩ 15.29 KRW
MediBloc to CAD
1 MED to $ 0.01520 CAD
MediBloc to AUD
1 MED to $ 0.01691 AUD
MediBloc to JPY
1 MED to ¥ 1.65 JPY
MediBloc to BRL
1 MED to R$ 0.06435 BRL
MediBloc to CNY
1 MED to ¥ 0.07717 CNY
MediBloc to TWD
1 MED to NT$ 0.3450 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in MediBloc.
Adventure Gold to SAR
1 AGLD to ر.س 6.92 SAR
ChainGPT to SAR
1 CGPT to ر.س 0.8151 SAR
dForce to SAR
1 DF to ر.س 0.3092 SAR
IDEX to SAR
1 IDEX to ر.س 0.2415 SAR
JUNO to SAR
1 JUNO to ر.س 1 SAR
Baby Pengu to SAR
1 BABYPENGU to ر.س 0.5381 SAR
FUNToken to SAR
1 FUN to ر.س 0.01903 SAR
LUKSO to SAR
1 LYX to ر.س 10.88 SAR
PulseX to SAR
1 PLSX to ر.س 0.0001392 SAR
HEX (PulseChain) to SAR
1 HEX to ر.س 0.06644 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 MediBloc 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 MediBloc 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 MediBloc 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.
