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$MKONG to SAR Converter and calculator

$MKONG/SAR: 1 $MKONG = 0.1465 SAR. The price of converting 1 MKong Ventures ($MKONG) to Saudi Riyal (SAR) is 0.1465 SAR today.
$MKONG
$MKONG
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides $MKONG to SAR real-time exchange rates, making it easy to convert MKong Ventures ($MKONG) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 $MKONG is currently valued at 0.15 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 $MKONG is currently valued at 0.15 SAR, which means buying 5 $MKONG would cost 0.73 SAR. Similarly, ر.س1 SAR can be converted to 6.83 $MKONG, and ر.س50 SAR can be converted to 34.14 $MKONG, excluding any platform or gas fees.

Convert $MKONG to SAR

Convert SAR to $MKONG

MKong Ventures
Saudi Riyal
100 $MKONG
14.65  SAR
200 $MKONG
29.29  SAR
500 $MKONG
73.23  SAR
1000 $MKONG
146.45  SAR
5000 $MKONG
732.26  SAR
10000 $MKONG
1,464.51  SAR
In the table above, you'll find a comprehensive $MKONG to SAR converter that shows the value of MKong Ventures in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 $MKONG to SAR, all the way up to 10000 $MKONG, providing a clear view of their respective values.
Saudi Riyal
MKong Ventures
200 SAR
1,365.64 $MKONG
1000 SAR
6,828.21 $MKONG
2000 SAR
13,656.42 $MKONG
5000 SAR
34,141.04 $MKONG
10000 SAR
68,282.08 $MKONG
50000 SAR
341,410.38 $MKONG
100000 SAR
682,820.76 $MKONG
In the table above, you'll find a comprehensive SAR to $MKONG converter that shows the value of Saudi Riyal in MKong Ventures across commonly used conversion amounts. The list covers conversions from 1 SAR to $MKONG, all the way up to 100000 SAR, providing a clear view of their respective values.

$MKONG to SAR chart

$MKONG/SAR: 1 $MKONG = 0.1465 SAR; 2025/04/28 08:31:04
In the past 1D, MKong Ventures has changed +59.86% to SAR. Based on the trend and price charts, MKong Ventures($MKONG) has changed +59.86% to SAR while Saudi Riyal(SAR) has changed % to $MKONG in the last 24 hours.
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$MKONG to SAR conversion data: Volatility and price changes of MKong Ventures in SAR

The highest MKong Ventures price in SAR over the past 7 days was 0.1378 SAR while the lowest MKong Ventures price in SAR over the past 7 days was 0.08068 SAR. The relative change between the highs and lows in MKong Ventures price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and $MKONG to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.1378 SAR
0.1378 SAR
0.1378 SAR
0.1378 SAR
Low
0.08482 SAR
0.08068 SAR
0.07564 SAR
0.05603 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+59.86%
+56.93%
+58.38%
+121.41%

MKong Ventures information

$MKONG to SAR market statistics

$MKONG/SAR:
ر.س0.1465
$MKONG 24h volume:
--
$MKONG market cap:
--
$MKONG circulating supply:
0 $MKONG

Current $MKONG to SAR exchange rate

MKong Ventures to Saudi Riyal is rising this week.
MKong Ventures's current market price is ر.س0.1465 per $MKONG, with a total market cap of ر.س0 SAR based on a circulating supply of -- $MKONG. The trading volume of MKong Ventures has changed by 0.00% (ر.س0 SAR) in the last 24 hours. Last trading day, $MKONG's trading volume was ر.س0.

More info about MKong Ventures on Bitget

Saudi Riyal 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 MKong Ventures currency pair is the $MKONG to SAR, with for MKong Ventures's currency code being $MKONG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert $MKONG to SAR

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$MKONG to SAR Conversion tables

The exchange rate of MKong Ventures is increasing.
The exchange rate of 1 $MKONG to Saudi Riyal has changed by +56.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by +59.86%, reaching a high of 0.1378 SAR and a low of 0.08482 SAR . One month ago, the value of 1 $MKONG was ر.س0.09647 SAR , which represents a +58.38% change from its current value. Over the last year, MKong Ventures has changed by
+ر.س
0.02696SAR
, resulting in a change of +24.81% in its value.
24 hours ago1 month ago1 year ago
Amount08:31 am today24 hours ago24h change
0.5 $MKONGر.س0.07323ر.س0.04784
+59.86%
1 $MKONGر.س0.1465ر.س0.09567
+59.86%
5 $MKONGر.س0.7323ر.س0.4784
+59.86%
10 $MKONGر.س1.46ر.س0.9567
+59.86%
50 $MKONGر.س7.32ر.س4.78
+59.86%
100 $MKONGر.س14.65ر.س9.57
+59.86%
500 $MKONGر.س73.23ر.س47.84
+59.86%
1000 $MKONGر.س146.45ر.س95.67
+59.86%

$MKONG to SAR FAQ

How much is 1 MKong Ventures in SAR?
Right now, the price of 1 MKong Ventures ($MKONG) in Saudi Riyal (SAR) is ر.س0.1465.
How much $MKONG can I buy for 1 SAR?
Based on the current exchange rate, you can get 6.83 $MKONG for 1 SAR.
How do I calculate or convert $MKONG to SAR?
You can use our $MKONG to SAR calculator at the top of this page to convert any amount of $MKONG to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 34.14 $MKONG, while 5 $MKONG will cost around 0.7323SAR.
What is the highest price of $MKONG/SAR in history?
The all-time high price of 1 $MKONG in SAR is ر.س0.6427. It remains to be seen if the value of 1 $MKONG/SAR will exceed the current all-time high.
What is the price trend of MKong Ventures in SAR?
Over the past 7 days, the exchange rate of MKong Ventures ($MKONG) has gone up by 56.93%.   Over the last month, the exchange rate of MKong Ventures ($MKONG) has gone up by 58.38% against Saudi Riyal (SAR).

What factors influence the conversion rate of $MKONG to SAR?

There are many factors that affect the relationship between MKong Ventures and Saudi Riyal, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of $MKONG/SAR. When there is positive news in the market about the widespread adoption of $MKONG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of $MKONG/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in $MKONG/SAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of $MKONG/SAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of MKong Ventures and adjust their investment strategies accordingly in the evolving market.

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