GOLDX to SAR Converter and calculator

Conversion rates
Convert GOLDX to SAR
Convert SAR to GOLDX
GOLDX to SAR chart
GOLDX to SAR conversion data: Volatility and price changes of GOLDX RWAAI in SAR
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.002480 SAR | -- SAR | -- SAR | -- SAR |
Low | 0.0002411 SAR | -- SAR | -- SAR | -- SAR |
Average | 0 SAR | 0 SAR | 0 SAR | 0 SAR |
Volatility | % | % | % | % |
Change | -1.00% | -- | -- | -- |
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GOLDX RWAAI information
GOLDX to SAR market statistics
Current GOLDX to SAR exchange rate
GOLDX RWAAI to Saudi Riyal is falling this week.More info about GOLDX RWAAI on Bitget
Saudi Riyal 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.
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GOLDX to SAR Conversion tables
| Amount | 22:34 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 GOLDX | ر.س0.{8}3542 | ر.س-- | -1.00% |
1 GOLDX | ر.س0.{8}7083 | ر.س-- | -1.00% |
5 GOLDX | ر.س0.{7}3542 | ر.س-- | -1.00% |
10 GOLDX | ر.س0.{7}7083 | ر.س-- | -1.00% |
50 GOLDX | ر.س0.{6}3542 | ر.س-- | -1.00% |
100 GOLDX | ر.س0.{6}7083 | ر.س-- | -1.00% |
500 GOLDX | ر.س0.{5}3542 | ر.س-- | -1.00% |
1000 GOLDX | ر.س0.{5}7083 | ر.س-- | -1.00% |
GOLDX to SAR FAQ
What factors influence the conversion rate of GOLDX to SAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of GOLDX RWAAI in the US is $0.{8}1888 USD. Additionally, GOLDX RWAAI’s price is €0.{8}1610 EUR in the eurozone, £0.{8}1410 GBP in the UK, C$0.{8}2601 CAD in Canada, ₹0.{6}1704 INR in India, ₨0.{6}5292 PKR in Pakistan, R$0.{7}1043 BRL in Brazil, and more.
The most popular GOLDX RWAAI currency pair is the GOLDX to Saudi Riyal(SAR). The price of 1 GOLDX RWAAI (GOLDX) in Saudi Riyal (SAR) is ر.س0.{8}7083.
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