RAKE
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 Rake Coin(RAKE) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 RAKE at a value of 1 RAKE 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 Rake Coin currency pair is the RAKE to SAR, with for Rake Coin's currency code being RAKE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
RAKE to SAR conversion rate trend
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In the past 1D, Rake Coin has changed -2.00% to SAR. Based on the trend and price charts, Rake Coin(RAKE) has changed -2.00% to SAR while Saudi Riyal(SAR) has changed % to RAKE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.0008963 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 16:30:37(UTC+0)
How to buy Rake Coin
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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 Rake Coin (RAKE)
Use a variety of payment options to buy Rake Coin on Bitget. We'll show you how.
Buy RAKE (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of RAKE with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy RAKE 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 RAKE (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of RAKE to SAR. However, you can first exchange RAKE 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 Rake Coin to Saudi Riyal?
Rake Coin to Saudi Riyal is falling this week.Rake Coin's current market price is ر.س 0.0008966 per RAKE, with a total market cap of ر.س 62,147,675.66 SAR based on a circulating supply of 69,312,840,000 RAKE. The trading volume of Rake Coin has changed by -58.90% (ر.س -2,557.61 SAR) in the last 24 hours. Last trading day, RAKE's trading volume was ر.س 4,342.45.
Market cap
$16.54M
24h volume
$475.1591138
Circulating supply
69.31B RAKE
Conversion tables
The exchange rate of Rake Coin is decreasing.1 RAKE is currently valued at ر.س 0.0008966 SAR , which means buying 5 RAKE will cost ر.س 0.004483 SAR . Similarly, ر.س1 SAR can be traded for 1,115.29 RAKE, and ر.س50 SAR can be converted to 55,764.62 RAKE, excluding any platform or gas fees.
The exchange rate of 1 RAKE to Saudi Riyal has changed by -11.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.00%, reaching a high of 0.0009150 SAR and a low of 0.0008960 SAR . One month ago, the value of 1 RAKE was ر.س 0.001097 SAR , which represents a -18.26% change from its current value. Over the last year, Rake Coin has changed by , resulting in a change of +27.35% in its value.
+ر.س
0.0001925SARRAKE to SAR
Amount
21:41 today
0.5 RAKE
ر.س0.0004483
1 RAKE
ر.س0.0008966
5 RAKE
ر.س0.004483
10 RAKE
ر.س0.008966
50 RAKE
ر.س0.04483
100 RAKE
ر.س0.08966
500 RAKE
ر.س0.4483
1000 RAKE
ر.س0.8966
SAR to RAKE
Amount21:41 today
0.5SAR557.65 RAKE
1SAR1,115.29 RAKE
5SAR5,576.46 RAKE
10SAR11,152.92 RAKE
50SAR55,764.62 RAKE
100SAR111,529.25 RAKE
500SAR557,646.23 RAKE
1000SAR1,115,292.46 RAKE
Today vs. 24 hours ago
| Amount | 21:41 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAKE | $0.0001193 | $0.0001218 | -2.00% |
| 1 RAKE | $0.0002387 | $0.0002436 | -2.00% |
| 5 RAKE | $0.001193 | $0.001218 | -2.00% |
| 10 RAKE | $0.002387 | $0.002436 | -2.00% |
| 50 RAKE | $0.01193 | $0.01218 | -2.00% |
| 100 RAKE | $0.02387 | $0.02436 | -2.00% |
| 500 RAKE | $0.1193 | $0.1218 | -2.00% |
| 1000 RAKE | $0.2387 | $0.2436 | -2.00% |
Today vs. 1 month ago
| Amount | 21:41 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAKE | $0.0001193 | $0.0001460 | -18.26% |
| 1 RAKE | $0.0002387 | $0.0002920 | -18.26% |
| 5 RAKE | $0.001193 | $0.001460 | -18.26% |
| 10 RAKE | $0.002387 | $0.002920 | -18.26% |
| 50 RAKE | $0.01193 | $0.01460 | -18.26% |
| 100 RAKE | $0.02387 | $0.02920 | -18.26% |
| 500 RAKE | $0.1193 | $0.1460 | -18.26% |
| 1000 RAKE | $0.2387 | $0.2920 | -18.26% |
Today vs. 1 year ago
| Amount | 21:41 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAKE | $0.0001193 | $0.{4}9372 | +27.35% |
| 1 RAKE | $0.0002387 | $0.0001874 | +27.35% |
| 5 RAKE | $0.001193 | $0.0009372 | +27.35% |
| 10 RAKE | $0.002387 | $0.001874 | +27.35% |
| 50 RAKE | $0.01193 | $0.009372 | +27.35% |
| 100 RAKE | $0.02387 | $0.01874 | +27.35% |
| 500 RAKE | $0.1193 | $0.09372 | +27.35% |
| 1000 RAKE | $0.2387 | $0.1874 | +27.35% |
Rake Coin price prediction
What will the price of RAKE be in 2025?
Based on RAKE's historical price performance prediction model, the price of RAKE is projected to reach $0.0003423 in 2025.
What will the price of RAKE be in 2030?
In 2030, the RAKE price is expected to change by -13.00%. By the end of 2030, the RAKE price is projected to reach $0.0006803, with a cumulative ROI of +164.12%.
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Popular Rake Coin conversions
Check out these popular currency conversions of Rake Coin to several fiat currencies.
Rake Coin to USD
1 RAKE to $ 0.0002387 USD
Rake Coin to GBP
1 RAKE to £ 0.0001900 GBP
Rake Coin to EUR
1 RAKE to € 0.0002288 EUR
Rake Coin to KRW
1 RAKE to ₩ 0.3453 KRW
Rake Coin to CAD
1 RAKE to $ 0.0003428 CAD
Rake Coin to AUD
1 RAKE to $ 0.0003812 AUD
Rake Coin to JPY
1 RAKE to ¥ 0.03735 JPY
Rake Coin to BRL
1 RAKE to R$ 0.001453 BRL
Rake Coin to CNY
1 RAKE to ¥ 0.001742 CNY
Rake Coin to TWD
1 RAKE to NT$ 0.007789 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Rake Coin.
Hive to SAR
1 HIVE to ر.س 1.47 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 2.71 SAR
BitTorrent [New] to SAR
1 BTT to ر.س 0.{5}4233 SAR
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
FTX Token to SAR
1 FTT to ر.س 10.87 SAR
Just a chill guy to SAR
1 CHILLGUY to ر.س 0.6893 SAR
Steem to SAR
1 STEEM to ر.س 0.8742 SAR
Bitcoin to SAR
1 BTC to ر.س 358,174.62 SAR
Livepeer to SAR
1 LPT to ر.س 58.5 SAR
LUCE to SAR
1 LUCE to ر.س 0.3342 SAR
Shoggoth (shoggoth.monster) to SAR
1 SHOGGOTH to ر.س 0.1846 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 Rake Coin 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 Rake Coin 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 Rake Coin 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.
