SRM
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 Serum(SRM) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 SRM at a value of 1 SRM for 0.11 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 Serum currency pair is the SRM to SAR, with for Serum's currency code being SRM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
SRM to SAR conversion rate trend
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In the past 1D, Serum has changed -3.70% to SAR. Based on the trend and price charts, Serum(SRM) has changed -3.70% to SAR while Saudi Riyal(SAR) has changed % to SRM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.1131 | 0.0200% / 0.0320%  VIP 7 | |
OKX | ر.س0.1264 | 0.080% / 0.100% | Yes |
Huobi | ر.س0.1123 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.س0.1131 | 0.1000% / 0.1000% | Yes |
Bybit | ر.س0.1153 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س0.1408 | 0.1000% / 0.1000% | Yes |
Last updated 2023/11/01 16:00:26(UTC+0)
How to buy Serum
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Serum (SRM)
Use a variety of payment options to buy Serum on Bitget. We'll show you how.
Learn MoreBuy SRM (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of SRM with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy SRM with USDT via Bitget spot market.
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Sell SRM (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of SRM to SAR. However, you can first exchange SRM 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 Serum to Saudi Riyal?
Serum to Saudi Riyal is falling this week.Serum's current market price is ر.س 0.1134 per SRM, with a total market cap of ر.س 29,858,929.84 SAR based on a circulating supply of 263,244,670 SRM. The trading volume of Serum has changed by -35.24% (ر.س -960,501.06 SAR) in the last 24 hours. Last trading day, SRM's trading volume was ر.س 2,725,343.72.
Market cap
$7.95M
24h volume
$469.84K
Circulating supply
263.24M SRM
Conversion tables
The exchange rate of Serum is decreasing.1 SRM is currently valued at ر.س 0.1134 SAR , which means buying 5 SRM will cost ر.س 0.5671 SAR . Similarly, ر.س1 SAR can be traded for 8.82 SRM, and ر.س50 SAR can be converted to 440.81 SRM, excluding any platform or gas fees.
The exchange rate of 1 SRM to Saudi Riyal has changed by -17.48% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.70%, reaching a high of 0.1173 SAR and a low of 0.1095 SAR . One month ago, the value of 1 SRM was ر.س 0.1201 SAR , which represents a -5.55% change from its current value. Over the last year, Serum has changed by , resulting in a change of -66.53% in its value.
-ر.س
0.2251SARSRM to SAR
Amount
15:19 today
0.5 SRM
ر.س0.05671
1 SRM
ر.س0.1134
5 SRM
ر.س0.5671
10 SRM
ر.س1.13
50 SRM
ر.س5.67
100 SRM
ر.س11.34
500 SRM
ر.س56.71
1000 SRM
ر.س113.43
SAR to SRM
Amount15:19 today
0.5SAR4.41 SRM
1SAR8.82 SRM
5SAR44.08 SRM
10SAR88.16 SRM
50SAR440.81 SRM
100SAR881.63 SRM
500SAR4,408.14 SRM
1000SAR8,816.28 SRM
Today vs. 24 hours ago
| Amount | 15:19 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SRM | $0.01510 | $0.01568 | -3.70% |
| 1 SRM | $0.03020 | $0.03136 | -3.70% |
| 5 SRM | $0.1510 | $0.1568 | -3.70% |
| 10 SRM | $0.3020 | $0.3136 | -3.70% |
| 50 SRM | $1.51 | $1.57 | -3.70% |
| 100 SRM | $3.02 | $3.14 | -3.70% |
| 500 SRM | $15.1 | $15.68 | -3.70% |
| 1000 SRM | $30.2 | $31.36 | -3.70% |
Today vs. 1 month ago
| Amount | 15:19 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SRM | $0.01510 | $0.01598 | -5.55% |
| 1 SRM | $0.03020 | $0.03197 | -5.55% |
| 5 SRM | $0.1510 | $0.1598 | -5.55% |
| 10 SRM | $0.3020 | $0.3197 | -5.55% |
| 50 SRM | $1.51 | $1.6 | -5.55% |
| 100 SRM | $3.02 | $3.2 | -5.55% |
| 500 SRM | $15.1 | $15.98 | -5.55% |
| 1000 SRM | $30.2 | $31.97 | -5.55% |
Today vs. 1 year ago
| Amount | 15:19 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SRM | $0.01510 | $0.04507 | -66.53% |
| 1 SRM | $0.03020 | $0.09013 | -66.53% |
| 5 SRM | $0.1510 | $0.4507 | -66.53% |
| 10 SRM | $0.3020 | $0.9013 | -66.53% |
| 50 SRM | $1.51 | $4.51 | -66.53% |
| 100 SRM | $3.02 | $9.01 | -66.53% |
| 500 SRM | $15.1 | $45.07 | -66.53% |
| 1000 SRM | $30.2 | $90.13 | -66.53% |
Serum price prediction
What will the price of SRM be in 2025?
Based on SRM's historical price performance prediction model, the price of SRM is projected to reach $0.04271 in 2025.
What will the price of SRM be in 2030?
In 2030, the SRM price is expected to change by +2.00%. By the end of 2030, the SRM price is projected to reach $0.07289, with a cumulative ROI of +138.72%.
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Popular Serum conversions
Check out these popular currency conversions of Serum to several fiat currencies.
Serum to USD
1 SRM to $ 0.03020 USD
Serum to GBP
1 SRM to £ 0.02403 GBP
Serum to EUR
1 SRM to € 0.02895 EUR
Serum to KRW
1 SRM to ₩ 43.68 KRW
Serum to CAD
1 SRM to $ 0.04336 CAD
Serum to AUD
1 SRM to $ 0.04831 AUD
Serum to JPY
1 SRM to ¥ 4.72 JPY
Serum to BRL
1 SRM to R$ 0.1838 BRL
Serum to CNY
1 SRM to ¥ 0.2204 CNY
Serum to TWD
1 SRM to NT$ 0.9853 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Serum.
Hive to SAR
1 HIVE to ر.س 1.44 SAR
IDEX to SAR
1 IDEX to ر.س 0.2245 SAR
BitTorrent [New] to SAR
1 BTT to ر.س 0.{5}4199 SAR
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to SAR
1 SHOGGOTH to ر.س 0.1780 SAR
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DeXe to SAR
1 DEXE to ر.س 38.13 SAR
HEX (PulseChain) to SAR
1 HEX to ر.س 0.05850 SAR
Livepeer to SAR
1 LPT to ر.س 56.11 SAR
Hunt Town to SAR
1 HUNT to ر.س 1.4 SAR
Chintai to SAR
1 CHEX to ر.س 2.1 SAR
Adventure Gold to SAR
1 AGLD to ر.س 6.36 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 Serum 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 Serum 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 Serum 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.
