SEFA
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 Mesefa(SEFA) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 SEFA at a value of 1 SEFA for 0.01 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 Mesefa currency pair is the SEFA to SAR, with for Mesefa's currency code being SEFA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
SEFA to SAR conversion rate trend
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In the past 1D, Mesefa has changed +0.04% to SAR. Based on the trend and price charts, Mesefa(SEFA) has changed +0.04% to SAR while Saudi Riyal(SAR) has changed % to SEFA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.008225 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/15 16:31:46(UTC+0)
How to buy Mesefa
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Buy Mesefa (SEFA)
Use a variety of payment options to buy Mesefa on Bitget. We'll show you how.
Buy SEFA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of SEFA with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy SEFA with USDT via Bitget spot market.
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Sell SEFA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of SEFA to SAR. However, you can first exchange SEFA 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 Mesefa to Saudi Riyal?
Mesefa to Saudi Riyal is falling this week.Mesefa's current market price is ر.س 0.008229 per SEFA, with a total market cap of ر.س 3,543.81 SAR based on a circulating supply of 430,655 SEFA. The trading volume of Mesefa has changed by +0.01% (ر.س 0.007354 SAR) in the last 24 hours. Last trading day, SEFA's trading volume was ر.س 52.53.
Market cap
$943.4565774790805
24h volume
$13.9861556
Circulating supply
430.65K SEFA
Conversion tables
The exchange rate of Mesefa is increasing.1 SEFA is currently valued at ر.س 0.008229 SAR , which means buying 5 SEFA will cost ر.س 0.04114 SAR . Similarly, ر.س1 SAR can be traded for 121.52 SEFA, and ر.س50 SAR can be converted to 6,076.16 SEFA, excluding any platform or gas fees.
The exchange rate of 1 SEFA to Saudi Riyal has changed by -0.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.04%, reaching a high of 0.008232 SAR and a low of 0.008222 SAR . One month ago, the value of 1 SEFA was ر.س 0.008225 SAR , which represents a +0.04% change from its current value. Over the last year, Mesefa has changed by , resulting in a change of -80.59% in its value.
-ر.س
0.03418SARSEFA to SAR
Amount
20:46 today
0.5 SEFA
ر.س0.004114
1 SEFA
ر.س0.008229
5 SEFA
ر.س0.04114
10 SEFA
ر.س0.08229
50 SEFA
ر.س0.4114
100 SEFA
ر.س0.8229
500 SEFA
ر.س4.11
1000 SEFA
ر.س8.23
SAR to SEFA
Amount20:46 today
0.5SAR60.76 SEFA
1SAR121.52 SEFA
5SAR607.62 SEFA
10SAR1,215.23 SEFA
50SAR6,076.16 SEFA
100SAR12,152.31 SEFA
500SAR60,761.55 SEFA
1000SAR121,523.11 SEFA
Today vs. 24 hours ago
| Amount | 20:46 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SEFA | $0.001095 | $0.001095 | +0.04% |
| 1 SEFA | $0.002191 | $0.002190 | +0.04% |
| 5 SEFA | $0.01095 | $0.01095 | +0.04% |
| 10 SEFA | $0.02191 | $0.02190 | +0.04% |
| 50 SEFA | $0.1095 | $0.1095 | +0.04% |
| 100 SEFA | $0.2191 | $0.2190 | +0.04% |
| 500 SEFA | $1.1 | $1.09 | +0.04% |
| 1000 SEFA | $2.19 | $2.19 | +0.04% |
Today vs. 1 month ago
| Amount | 20:46 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SEFA | $0.001095 | $0.001095 | +0.04% |
| 1 SEFA | $0.002191 | $0.002190 | +0.04% |
| 5 SEFA | $0.01095 | $0.01095 | +0.04% |
| 10 SEFA | $0.02191 | $0.02190 | +0.04% |
| 50 SEFA | $0.1095 | $0.1095 | +0.04% |
| 100 SEFA | $0.2191 | $0.2190 | +0.04% |
| 500 SEFA | $1.1 | $1.09 | +0.04% |
| 1000 SEFA | $2.19 | $2.19 | +0.04% |
Today vs. 1 year ago
| Amount | 20:46 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SEFA | $0.001095 | $0.005645 | -80.59% |
| 1 SEFA | $0.002191 | $0.01129 | -80.59% |
| 5 SEFA | $0.01095 | $0.05645 | -80.59% |
| 10 SEFA | $0.02191 | $0.1129 | -80.59% |
| 50 SEFA | $0.1095 | $0.5645 | -80.59% |
| 100 SEFA | $0.2191 | $1.13 | -80.59% |
| 500 SEFA | $1.1 | $5.65 | -80.59% |
| 1000 SEFA | $2.19 | $11.29 | -80.59% |
Mesefa price prediction
What will the price of SEFA be in 2025?
Based on SEFA's historical price performance prediction model, the price of SEFA is projected to reach $0.003237 in 2025.
What will the price of SEFA be in 2030?
In 2030, the SEFA price is expected to change by +2.00%. By the end of 2030, the SEFA price is projected to reach $0.003599, with a cumulative ROI of +64.30%.
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Popular Mesefa conversions
Check out these popular currency conversions of Mesefa to several fiat currencies.
Mesefa to USD
1 SEFA to $ 0.002191 USD
Mesefa to GBP
1 SEFA to £ 0.001734 GBP
Mesefa to EUR
1 SEFA to € 0.002076 EUR
Mesefa to KRW
1 SEFA to ₩ 3.06 KRW
Mesefa to CAD
1 SEFA to $ 0.003086 CAD
Mesefa to AUD
1 SEFA to $ 0.003389 AUD
Mesefa to JPY
1 SEFA to ¥ 0.3372 JPY
Mesefa to BRL
1 SEFA to R$ 0.01270 BRL
Mesefa to CNY
1 SEFA to ¥ 0.01585 CNY
Mesefa to TWD
1 SEFA to NT$ 0.07118 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Mesefa.
Peanut the Squirrel to SAR
1 PNUT to ر.س 6.76 SAR
SolarX to SAR
1 SXCH to ر.س 0.1079 SAR
Sharpe AI to SAR
1 SAI to ر.س -- SAR
Dogelon Mars to SAR
1 ELON to ر.س 0.{6}8327 SAR
Bitcoin to SAR
1 BTC to ر.س 342,573.68 SAR
XRP to SAR
1 XRP to ر.س 3.29 SAR
Act I : The AI Prophecy to SAR
1 ACT to ر.س 2.81 SAR
Solana to SAR
1 SOL to ر.س 805.7 SAR
Sui to SAR
1 SUI to ر.س 12.91 SAR
Merlin Chain to SAR
1 MERL to ر.س 1.05 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 Mesefa 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 Mesefa 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 Mesefa 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.
