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base info Gaimin

Gaimin to Saudi Riyal Converter and calculator

Convert 1Gaimin (GMRX) to Saudi Riyal (SAR) equals ر.س 0.008372 | 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 Gaimin(GMRX) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 GMRX at a value of 1 GMRX for 0.01 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.

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

GMRX to SAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Gaimin has changed -4.87% to SAR. Based on the trend and price charts, Gaimin(GMRX) has changed -4.87% to SAR while Saudi Riyal(SAR) has changed % to GMRX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.008253
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
ر.س0.008373
0.1000% / 0.1000%
Yes
Bybit
ر.س0.008321
0.1000% / 0.1000%
Yes
KuCoin
ر.س0.008336
0.1000% / 0.1000%
Yes
Last updated 2024/06/25 03:00:20(UTC+0)

How to buy Gaimin

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

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

Bitget P2P trading does not currently support direct buying of GMRX with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy GMRX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
B
BGUSER-4HBCA39LVerified Merchant
68 tradesCompletion rate 88.00%
3.75 SAR
Amount10.72 USDT
Limit39 - 73.8 SAR
STC PAY
Buy
S
Stc24Verified Merchant
72 tradesCompletion rate 95.00%
4.08 SAR
Amount175.21 USDT
Limit100 - 1000 SAR
Urpay
Buy
S
Sojib uddin 74Verified Merchant
203 tradesCompletion rate 94.00%
4.12 SAR
Amount150.29 USDT
Limit50 - 619 SAR
Al Rajhi Bank
Buy
T
The fastestVerified Merchant
55 tradesCompletion rate 92.00%
4.18 SAR
Amount231.43 USDT
Limit900 - 967.37 SAR
STC PAYSaudi National Bank (AlAhli Bank)Al Rajhi BankAlinma BankRiyad BankUrpayBank Albilad
Buy
M
MOKAHVerified Merchant
1 tradesCompletion rate 100.00%
4.2 SAR
Amount3179.12 USDT
Limit500 - 13350 SAR
Alinma BankThe Saudi British Bank (SABB)Bank Albilad
Buy

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

Bitget P2P trading currently does not support direct selling of GMRX to SAR. However, you can first exchange GMRX 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
A
AwaisAslamVerified Merchant
36 tradesCompletion rate 95.00%
3.88 SAR
Amount4803.97 USDT
Limit80 - 2400 SAR
STC PAY
Sell
U
Usman official .Verified Merchant
254 tradesCompletion rate 90.00%
3.87 SAR
Amount738.38 USDT
Limit39 - 1000 SAR
STC PAYUrpay
Sell
S
Sojib uddin 74Verified Merchant
203 tradesCompletion rate 94.00%
3.86 SAR
Amount149.83 USDT
Limit50 - 1100 SAR
Al Rajhi BankUrpay
Sell
R
ROYAL-TRAD Verified Merchant
17 tradesCompletion rate 100.00%
3.84 SAR
Amount820 USDT
Limit1000 - 3025 SAR
Saudi National Bank (AlAhli Bank)Al Rajhi BankAlinma BankThe Saudi British Bank (SABB)Riyad BankBank Albilad
Sell
B
BGUSER-8R3KS4CFVerified Merchant
51 tradesCompletion rate 96.00%
3.84 SAR
Amount486.47 USDT
Limit39 - 1910 SAR
STC PAY
Sell

What factors influence the conversion rate of Gaimin to Saudi Riyal?

Gaimin to Saudi Riyal is falling this week.
Gaimin's current market price is ر.س 0.008372 per GMRX, with a total market cap of ر.س 55,542,826.98 SAR based on a circulating supply of 6,634,129,400 GMRX. The trading volume of Gaimin has changed by +188.22% (ر.س 1,775,990.65 SAR) in the last 24 hours. Last trading day, GMRX's trading volume was ر.س 943,560.67.
Market cap
$14.81M
24h volume
$724.92K
Circulating supply
6.63B GMRX

Conversion tables

The exchange rate of Gaimin is decreasing.
1 GMRX is currently valued at ر.س 0.008372 SAR , which means buying 5 GMRX will cost ر.س 0.04186 SAR . Similarly, ر.س1 SAR can be traded for 119.44 GMRX, and ر.س50 SAR can be converted to 5,972.08 GMRX, excluding any platform or gas fees.
The exchange rate of 1 GMRX to Saudi Riyal has changed by -16.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.87%, reaching a high of 0.008521 SAR and a low of 0.008065 SAR . One month ago, the value of 1 GMRX was ر.س 0.01846 SAR , which represents a -55.57% change from its current value. Over the last year, Gaimin has changed by
+ر.س
0.008059SAR
, resulting in a change of --% in its value.

GMRX to SAR

Amount
05:22 am today
0.5 GMRX
ر.س0.004186
1 GMRX
ر.س0.008372
5 GMRX
ر.س0.04186
10 GMRX
ر.س0.08372
50 GMRX
ر.س0.4186
100 GMRX
ر.س0.8372
500 GMRX
ر.س4.19
1000 GMRX
ر.س8.37

SAR to GMRX

Amount05:22 am today
0.5SAR59.72  GMRX
1SAR119.44  GMRX
5SAR597.21  GMRX
10SAR1,194.42  GMRX
50SAR5,972.08  GMRX
100SAR11,944.17  GMRX
500SAR59,720.85  GMRX
1000SAR119,441.69  GMRX
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Today vs. 24 hours ago

Amount05:22 am today24 hours ago24h change
0.5 GMRX$0.001116$0.001171
-4.87%
1 GMRX$0.002232$0.002342
-4.87%
5 GMRX$0.01116$0.01171
-4.87%
10 GMRX$0.02232$0.02342
-4.87%
50 GMRX$0.1116$0.1171
-4.87%
100 GMRX$0.2232$0.2342
-4.87%
500 GMRX$1.12$1.17
-4.87%
1000 GMRX$2.23$2.34
-4.87%

Today vs. 1 month ago

Amount05:22 am today1 month ago1M change
0.5 GMRX$0.001116$0.002460
-55.57%
1 GMRX$0.002232$0.004920
-55.57%
5 GMRX$0.01116$0.02460
-55.57%
10 GMRX$0.02232$0.04920
-55.57%
50 GMRX$0.1116$0.2460
-55.57%
100 GMRX$0.2232$0.4920
-55.57%
500 GMRX$1.12$2.46
-55.57%
1000 GMRX$2.23$4.92
-55.57%
Buy Gaimin for 1 SAR
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Today vs. 1 year ago

Amount05:22 am today1 year ago1Y change
0.5 GMRX$0.001116$0.{4}4174
--
1 GMRX$0.002232$0.{4}8347
--
5 GMRX$0.01116$0.0004174
--
10 GMRX$0.02232$0.0008347
--
50 GMRX$0.1116$0.004174
--
100 GMRX$0.2232$0.008347
--
500 GMRX$1.12$0.04174
--
1000 GMRX$2.23$0.08347
--

Gaimin price prediction

What will the price of GMRX be in 2025?

Based on GMRX's historical price performance prediction model, the price of GMRX is projected to reach -- in 2025.

What will the price of GMRX be in 2030?

In 2030, the GMRX price is expected to rise by -3.00%. By the end of 2030, the GMRX price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Gaimin for 1 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 Gaimin 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 Gaimin 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 Gaimin 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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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.