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Akash Network to Saudi Riyal Converter and calculator

Convert 1Akash Network (AKT) to Saudi Riyal (SAR) equals ر.س 10.8 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Akash Network(AKT) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 AKT at a value of 1 AKT for 10.80 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Akash Network currency pair is the AKT to SAR, with for Akash Network's currency code being AKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

AKT to SAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Akash Network has changed -5.29% to SAR. Based on the trend and price charts, Akash Network(AKT) has changed -5.29% to SAR while Saudi Riyal(SAR) has changed % to AKT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س10.8
0.0200% / 0.0320%vip-iconVIP 7
Huobi
ر.س10.8
0.1000% / 0.1000%
Yes
Gate.io
ر.س10.8
0.1000% / 0.1000%
Yes
KuCoin
ر.س10.79
0.1000% / 0.1000%
Yes
Last updated 2024/06/23 18:00:23(UTC+0)

How to buy Akash Network

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Buy Akash Network (AKT)
Use a variety of payment options to buy Akash Network on Bitget. We'll show you how.

Buy AKT (or USDT) for SAR (Saudi Riyal) offers

Bitget P2P trading does not currently support direct buying of AKT with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy AKT with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
a
abushahadVerified Merchant
32 tradesCompletion rate 94.00%
4.07 SAR
Amount111.7 USDT
Limit300 - 454 SAR
Riyad BankUrpay
Buy
S
Sojib uddin 74Verified Merchant
199 tradesCompletion rate 95.00%
4.08 SAR
Amount124.39 USDT
Limit50 - 1600 SAR
Al Rajhi Bank
Buy
B
BGUSER-N236YHSJVerified Merchant
51 tradesCompletion rate 91.00%
4.08 SAR
Amount322.53 USDT
Limit410 - 1315 SAR
STC PAYSaudi National Bank (AlAhli Bank)Al Rajhi BankAlinma BankRiyad BankUrpayBank Albilad
Buy
S
Stc24Verified Merchant
68 tradesCompletion rate 94.00%
4.08 SAR
Amount331.95 USDT
Limit100 - 1000 SAR
Urpay
Buy
B
BGUSER-SWERT2MMVerified Merchant
2 tradesCompletion rate 100.00%
4.08 SAR
Amount22.67 USDT
Limit39 - 92.49 SAR
Al Rajhi BankUrpay
Buy

Sell AKT (or USDT) for SAR (Saudi Riyal) offers

Bitget P2P trading currently does not support direct selling of AKT to SAR. However, you can first exchange AKT for USDT in the Bitget spot market, and then sell USDT to SAR in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
R
ROYAL-TRAD Verified Merchant
17 tradesCompletion rate 100.00%
3.88 SAR
Amount130 USDT
Limit500 - 501 SAR
Saudi National Bank (AlAhli Bank)Al Rajhi BankAlinma BankThe Saudi British Bank (SABB)Riyad BankBank Albilad
Sell
U
Usman official .Verified Merchant
239 tradesCompletion rate 90.00%
3.87 SAR
Amount318.85 USDT
Limit39 - 850 SAR
STC PAYUrpay
Sell
B
BGUSER-N236YHSJVerified Merchant
51 tradesCompletion rate 91.00%
3.86 SAR
Amount150 USDT
Limit100 - 579 SAR
STC PAYSaudi National Bank (AlAhli Bank)Al Rajhi BankAlinma BankThe Saudi British Bank (SABB)Riyad BankUrpayBank Albilad
Sell
S
Sojib uddin 74Verified Merchant
199 tradesCompletion rate 95.00%
3.85 SAR
Amount200 USDT
Limit39 - 770 SAR
Al Rajhi BankUrpay
Sell
a
abushahadVerified Merchant
32 tradesCompletion rate 94.00%
3.85 SAR
Amount398.3 USDT
Limit300 - 600 SAR
Riyad BankUrpay
Sell

What factors influence the conversion rate of Akash Network to Saudi Riyal?

Akash Network to Saudi Riyal is falling this week.
Akash Network's current market price is ر.س 10.8 per AKT, with a total market cap of ر.س 2,608,065,799.65 SAR based on a circulating supply of 241,493,400 AKT. The trading volume of Akash Network has changed by -39.04% (ر.س -16,147,599.49 SAR) in the last 24 hours. Last trading day, AKT's trading volume was ر.س 41,363,904.02.
Market cap
$694.89M
24h volume
$6.72M
Circulating supply
241.49M AKT

Conversion tables

The exchange rate of Akash Network is decreasing.
1 AKT is currently valued at ر.س 10.8 SAR , which means buying 5 AKT will cost ر.س 54 SAR . Similarly, ر.س1 SAR can be traded for 0.09259 AKT, and ر.س50 SAR can be converted to 4.63 AKT, excluding any platform or gas fees.
The exchange rate of 1 AKT to Saudi Riyal has changed by -14.36% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.29%, reaching a high of 11.52 SAR and a low of 10.85 SAR . One month ago, the value of 1 AKT was ر.س 19.99 SAR , which represents a -45.84% change from its current value. Over the last year, Akash Network has changed by
+ر.س
0.9236SAR
, resulting in a change of +346.58% in its value.

AKT to SAR

Amount
18:21 today
0.5 AKT
ر.س5.4
1 AKT
ر.س10.8
5 AKT
ر.س54
10 AKT
ر.س108
50 AKT
ر.س539.99
100 AKT
ر.س1,079.97
500 AKT
ر.س5,399.87
1000 AKT
ر.س10,799.74

SAR to AKT

Amount18:21 today
0.5SAR0.04630  AKT
1SAR0.09259  AKT
5SAR0.4630  AKT
10SAR0.9259  AKT
50SAR4.63  AKT
100SAR9.26  AKT
500SAR46.3  AKT
1000SAR92.59  AKT
Buy Akash Network for 1 SAR
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Today vs. 24 hours ago

Amount18:21 today24 hours ago24h change
0.5 AKT$1.44$1.52
-5.29%
1 AKT$2.88$3.04
-5.29%
5 AKT$14.39$15.2
-5.29%
10 AKT$28.77$30.39
-5.29%
50 AKT$143.87$151.96
-5.29%
100 AKT$287.75$303.92
-5.29%
500 AKT$1,438.74$1,519.62
-5.29%
1000 AKT$2,877.47$3,039.25
-5.29%

Today vs. 1 month ago

Amount18:21 today1 month ago1M change
0.5 AKT$1.44$2.66
-45.84%
1 AKT$2.88$5.33
-45.84%
5 AKT$14.39$26.63
-45.84%
10 AKT$28.77$53.26
-45.84%
50 AKT$143.87$266.3
-45.84%
100 AKT$287.75$532.59
-45.84%
500 AKT$1,438.74$2,662.96
-45.84%
1000 AKT$2,877.47$5,325.92
-45.84%
Buy Akash Network for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount18:21 today1 year ago1Y change
0.5 AKT$1.44$0.3157
+346.58%
1 AKT$2.88$0.6314
+346.58%
5 AKT$14.39$3.16
+346.58%
10 AKT$28.77$6.31
+346.58%
50 AKT$143.87$31.57
+346.58%
100 AKT$287.75$63.14
+346.58%
500 AKT$1,438.74$315.69
+346.58%
1000 AKT$2,877.47$631.39
+346.58%

Akash Network price prediction

What will the price of AKT be in 2025?

Based on AKT's historical price performance prediction model, the price of AKT is projected to reach $3.51 in 2025.

What will the price of AKT be in 2030?

In 2030, the AKT price is expected to rise by 0.00%. By the end of 2030, the AKT price is projected to reach $6.34, with a cumulative ROI of +120.27%.
Buy Akash Network for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Akash Network for 1 SAR
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A welcome pack worth 1000 USDT for new Bitgetters!
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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 Akash Network 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 Akash Network 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 Akash Network 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.

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A welcome pack worth 1000 USDT for new Bitgetters!

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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.