SHIB1
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 Shib1(SHIB1) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 SHIB1 at a value of 1 SHIB1 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 Shib1 currency pair is the SHIB1 to SAR, with for Shib1's currency code being SHIB1. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
SHIB1 to SAR conversion rate trend
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In the past 1D, Shib1 has changed -1.69% to SAR. Based on the trend and price charts, Shib1(SHIB1) has changed -1.69% to SAR while Saudi Riyal(SAR) has changed % to SHIB1 in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.0005198 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/22 08:37:26(UTC+0)
How to buy Shib1
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Shib1 (SHIB1)
Use a variety of payment options to buy Shib1 on Bitget. We'll show you how.
Buy SHIB1 (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of SHIB1 with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy SHIB1 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 SHIB1 (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of SHIB1 to SAR. However, you can first exchange SHIB1 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 Shib1 to Saudi Riyal?
Shib1 to Saudi Riyal is falling this week.Shib1's current market price is ر.س 0.0005198 per SHIB1, with a total market cap of ر.س 0 SAR based on a circulating supply of -- SHIB1. The trading volume of Shib1 has changed by -96.02% (ر.س -872.34 SAR) in the last 24 hours. Last trading day, SHIB1's trading volume was ر.س 908.49.
Market cap
$0
24h volume
$9.62883364
Circulating supply
0 SHIB1
Conversion tables
The exchange rate of Shib1 is decreasing.1 SHIB1 is currently valued at ر.س 0.0005198 SAR , which means buying 5 SHIB1 will cost ر.س 0.002599 SAR . Similarly, ر.س1 SAR can be traded for 1,923.72 SHIB1, and ر.س50 SAR can be converted to 96,186.03 SHIB1, excluding any platform or gas fees.
The exchange rate of 1 SHIB1 to Saudi Riyal has changed by -3.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.69%, reaching a high of 0.0005326 SAR and a low of 0.0005198 SAR . One month ago, the value of 1 SHIB1 was ر.س 0.0007927 SAR , which represents a -34.42% change from its current value. Over the last year, Shib1 has changed by , resulting in a change of 0.00% in its value.
+ر.س
0.0005198SARSHIB1 to SAR
Amount
11:47 am today
0.5 SHIB1
ر.س0.0002599
1 SHIB1
ر.س0.0005198
5 SHIB1
ر.س0.002599
10 SHIB1
ر.س0.005198
50 SHIB1
ر.س0.02599
100 SHIB1
ر.س0.05198
500 SHIB1
ر.س0.2599
1000 SHIB1
ر.س0.5198
SAR to SHIB1
Amount11:47 am today
0.5SAR961.86 SHIB1
1SAR1,923.72 SHIB1
5SAR9,618.6 SHIB1
10SAR19,237.21 SHIB1
50SAR96,186.03 SHIB1
100SAR192,372.05 SHIB1
500SAR961,860.26 SHIB1
1000SAR1,923,720.53 SHIB1
Today vs. 24 hours ago
| Amount | 11:47 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SHIB1 | $0.{4}6922 | $0.{4}7041 | -1.69% |
| 1 SHIB1 | $0.0001384 | $0.0001408 | -1.69% |
| 5 SHIB1 | $0.0006922 | $0.0007041 | -1.69% |
| 10 SHIB1 | $0.001384 | $0.001408 | -1.69% |
| 50 SHIB1 | $0.006922 | $0.007041 | -1.69% |
| 100 SHIB1 | $0.01384 | $0.01408 | -1.69% |
| 500 SHIB1 | $0.06922 | $0.07041 | -1.69% |
| 1000 SHIB1 | $0.1384 | $0.1408 | -1.69% |
Today vs. 1 month ago
| Amount | 11:47 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SHIB1 | $0.{4}6922 | $0.0001056 | -34.42% |
| 1 SHIB1 | $0.0001384 | $0.0002111 | -34.42% |
| 5 SHIB1 | $0.0006922 | $0.001056 | -34.42% |
| 10 SHIB1 | $0.001384 | $0.002111 | -34.42% |
| 50 SHIB1 | $0.006922 | $0.01056 | -34.42% |
| 100 SHIB1 | $0.01384 | $0.02111 | -34.42% |
| 500 SHIB1 | $0.06922 | $0.1056 | -34.42% |
| 1000 SHIB1 | $0.1384 | $0.2111 | -34.42% |
Today vs. 1 year ago
| Amount | 11:47 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SHIB1 | $0.{4}6922 | $0.00 | 0.00% |
| 1 SHIB1 | $0.0001384 | $0.00 | 0.00% |
| 5 SHIB1 | $0.0006922 | $0.00 | 0.00% |
| 10 SHIB1 | $0.001384 | $0.00 | 0.00% |
| 50 SHIB1 | $0.006922 | $0.00 | 0.00% |
| 100 SHIB1 | $0.01384 | $0.00 | 0.00% |
| 500 SHIB1 | $0.06922 | $0.00 | 0.00% |
| 1000 SHIB1 | $0.1384 | $0.00 | 0.00% |
Shib1 price prediction
What will the price of SHIB1 be in 2025?
Based on SHIB1's historical price performance prediction model, the price of SHIB1 is projected to reach $0.0004185 in 2025.
What will the price of SHIB1 be in 2030?
In 2030, the SHIB1 price is expected to change by -7.00%. By the end of 2030, the SHIB1 price is projected to reach $0.0005320, with a cumulative ROI of +284.32%.
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Popular Shib1 conversions
Check out these popular currency conversions of Shib1 to several fiat currencies.
Shib1 to USD
1 SHIB1 to $ 0.0001384 USD
Shib1 to GBP
1 SHIB1 to £ 0.0001108 GBP
Shib1 to EUR
1 SHIB1 to € 0.0001332 EUR
Shib1 to KRW
1 SHIB1 to ₩ 0.1950 KRW
Shib1 to CAD
1 SHIB1 to $ 0.0001939 CAD
Shib1 to AUD
1 SHIB1 to $ 0.0002135 AUD
Shib1 to JPY
1 SHIB1 to ¥ 0.02138 JPY
Shib1 to BRL
1 SHIB1 to R$ 0.0008046 BRL
Shib1 to CNY
1 SHIB1 to ¥ 0.001005 CNY
Shib1 to TWD
1 SHIB1 to NT$ 0.004516 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Shib1.
MAD to SAR
1 MAD to ر.س 0.0002082 SAR
Harold to SAR
1 HAROLD to ر.س 0.01075 SAR
Bitcoin to SAR
1 BTC to ر.س 371,485.96 SAR
TARS AI to SAR
1 TAI to ر.س 0.7045 SAR
EGO to SAR
1 EGO to ر.س 0.07512 SAR
Just a chill guy to SAR
1 CHILLGUY to ر.س 1.41 SAR
Sharpe AI to SAR
1 SAI to ر.س 0.1331 SAR
XRP to SAR
1 XRP to ر.س 5.36 SAR
Stellar to SAR
1 XLM to ر.س 1.1 SAR
Solana to SAR
1 SOL to ر.س 970.77 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 Shib1 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 Shib1 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 Shib1 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.
