MTO
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 Merchant Token(MTO) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 MTO at a value of 1 MTO for 0.18 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 Merchant Token currency pair is the MTO to SAR, with for Merchant Token's currency code being MTO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
MTO to SAR conversion rate trend
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In the past 1D, Merchant Token has changed +7.41% to SAR. Based on the trend and price charts, Merchant Token(MTO) has changed +7.41% to SAR while Saudi Riyal(SAR) has changed % to MTO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.1824 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/22 00:33:37(UTC+0)
How to buy Merchant Token
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Merchant Token (MTO)
Use a variety of payment options to buy Merchant Token on Bitget. We'll show you how.
Buy MTO (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of MTO with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy MTO 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 MTO (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of MTO to SAR. However, you can first exchange MTO 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 Merchant Token to Saudi Riyal?
Merchant Token to Saudi Riyal is falling this week.Merchant Token's current market price is ر.س 0.1812 per MTO, with a total market cap of ر.س 0 SAR based on a circulating supply of -- MTO. The trading volume of Merchant Token has changed by -94.90% (ر.س -14,333.84 SAR) in the last 24 hours. Last trading day, MTO's trading volume was ر.س 15,104.85.
Market cap
$0
24h volume
$205.35673584
Circulating supply
0 MTO
Conversion tables
The exchange rate of Merchant Token is decreasing.1 MTO is currently valued at ر.س 0.1812 SAR , which means buying 5 MTO will cost ر.س 0.9062 SAR . Similarly, ر.س1 SAR can be traded for 5.52 MTO, and ر.س50 SAR can be converted to 275.88 MTO, excluding any platform or gas fees.
The exchange rate of 1 MTO to Saudi Riyal has changed by -3.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.41%, reaching a high of 0.1824 SAR and a low of 0.1687 SAR . One month ago, the value of 1 MTO was ر.س 0.1841 SAR , which represents a -1.57% change from its current value. Over the last year, Merchant Token has changed by , resulting in a change of -18.03% in its value.
-ر.س
0.03986SARMTO to SAR
Amount
03:10 am today
0.5 MTO
ر.س0.09062
1 MTO
ر.س0.1812
5 MTO
ر.س0.9062
10 MTO
ر.س1.81
50 MTO
ر.س9.06
100 MTO
ر.س18.12
500 MTO
ر.س90.62
1000 MTO
ر.س181.24
SAR to MTO
Amount03:10 am today
0.5SAR2.76 MTO
1SAR5.52 MTO
5SAR27.59 MTO
10SAR55.18 MTO
50SAR275.88 MTO
100SAR551.76 MTO
500SAR2,758.82 MTO
1000SAR5,517.64 MTO
Today vs. 24 hours ago
| Amount | 03:10 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MTO | $0.02414 | $0.02247 | +7.41% |
| 1 MTO | $0.04827 | $0.04494 | +7.41% |
| 5 MTO | $0.2414 | $0.2247 | +7.41% |
| 10 MTO | $0.4827 | $0.4494 | +7.41% |
| 50 MTO | $2.41 | $2.25 | +7.41% |
| 100 MTO | $4.83 | $4.49 | +7.41% |
| 500 MTO | $24.14 | $22.47 | +7.41% |
| 1000 MTO | $48.27 | $44.94 | +7.41% |
Today vs. 1 month ago
| Amount | 03:10 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MTO | $0.02414 | $0.02452 | -1.57% |
| 1 MTO | $0.04827 | $0.04904 | -1.57% |
| 5 MTO | $0.2414 | $0.2452 | -1.57% |
| 10 MTO | $0.4827 | $0.4904 | -1.57% |
| 50 MTO | $2.41 | $2.45 | -1.57% |
| 100 MTO | $4.83 | $4.9 | -1.57% |
| 500 MTO | $24.14 | $24.52 | -1.57% |
| 1000 MTO | $48.27 | $49.04 | -1.57% |
Today vs. 1 year ago
| Amount | 03:10 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MTO | $0.02414 | $0.02944 | -18.03% |
| 1 MTO | $0.04827 | $0.05889 | -18.03% |
| 5 MTO | $0.2414 | $0.2944 | -18.03% |
| 10 MTO | $0.4827 | $0.5889 | -18.03% |
| 50 MTO | $2.41 | $2.94 | -18.03% |
| 100 MTO | $4.83 | $5.89 | -18.03% |
| 500 MTO | $24.14 | $29.44 | -18.03% |
| 1000 MTO | $48.27 | $58.89 | -18.03% |
Merchant Token price prediction
What will the price of MTO be in 2025?
Based on MTO's historical price performance prediction model, the price of MTO is projected to reach $0.07131 in 2025.
What will the price of MTO be in 2030?
In 2030, the MTO price is expected to change by +4.00%. By the end of 2030, the MTO price is projected to reach $0.1863, with a cumulative ROI of +273.23%.
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Popular Merchant Token conversions
Check out these popular currency conversions of Merchant Token to several fiat currencies.
Merchant Token to USD
1 MTO to $ 0.04827 USD
Merchant Token to GBP
1 MTO to £ 0.03833 GBP
Merchant Token to EUR
1 MTO to € 0.04608 EUR
Merchant Token to KRW
1 MTO to ₩ 67.62 KRW
Merchant Token to CAD
1 MTO to $ 0.06743 CAD
Merchant Token to AUD
1 MTO to $ 0.07405 AUD
Merchant Token to JPY
1 MTO to ¥ 7.45 JPY
Merchant Token to BRL
1 MTO to R$ 0.2808 BRL
Merchant Token to CNY
1 MTO to ¥ 0.3499 CNY
Merchant Token to TWD
1 MTO to NT$ 1.57 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Merchant Token.
MAD to SAR
1 MAD to ر.س -- SAR
XRP to SAR
1 XRP to ر.س 5.14 SAR
EGO to SAR
1 EGO to ر.س 0.07471 SAR
Sharpe AI to SAR
1 SAI to ر.س 0.1306 SAR
Solana to SAR
1 SOL to ر.س 967.38 SAR
Bitcoin to SAR
1 BTC to ر.س 370,666.62 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.48 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}7869 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 4.83 SAR
Sui to SAR
1 SUI to ر.س 13.34 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 Merchant Token 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 Merchant Token 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 Merchant Token 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.
