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base info Gnosis

Gnosis to Saudi Riyal Converter and calculator

Convert 1Gnosis (GNO) to Saudi Riyal (SAR) equals ر.س 1,242.85 | 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 Gnosis(GNO) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 GNO at a value of 1 GNO for 1,242.85 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 Gnosis currency pair is the GNO to SAR, with for Gnosis's currency code being GNO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

GNO to SAR conversion rate trend

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In the past 1D, Gnosis has changed -4.20% to SAR. Based on the trend and price charts, Gnosis(GNO) has changed -4.20% to SAR while Saudi Riyal(SAR) has changed % to GNO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س1,240.33
0.0001% / 0.0004%vip-iconVIP
Binance
ر.س1,240.29
0.1000% / 0.1000%
Yes
Huobi
ر.س1,254.51
0.1000% / 0.1000%
Yes
Gate.io
ر.س1,250.68
0.1000% / 0.1000%
Yes
Last updated 2024/05/22 17:00:16(UTC+0)

How to buy Gnosis

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Buy Gnosis (GNO)
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What factors influence the conversion rate of Gnosis to Saudi Riyal?

Gnosis to Saudi Riyal is rising this week.
Gnosis's current market price is ر.س 1,242.85 per GNO, with a total market cap of ر.س 3,218,480,129.92 SAR based on a circulating supply of 2,589,588 GNO. The trading volume of Gnosis has changed by -39.07% (ر.س -37,177,219.65 SAR) in the last 24 hours. Last trading day, GNO's trading volume was ر.س 95,159,309.44.
Market cap
$858.15M
24h volume
$15.46M
Circulating supply
2.59M GNO

Conversion tables

The exchange rate of Gnosis is decreasing.
1 GNO is currently valued at ر.س 1,242.85 SAR , which means buying 5 GNO will cost ر.س 6,214.27 SAR . Similarly, ر.س1 SAR can be traded for 0.0008046 GNO, and ر.س50 SAR can be converted to 0.04023 GNO, excluding any platform or gas fees.
The exchange rate of 1 GNO to Saudi Riyal has changed by +19.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.20%, reaching a high of 1,303.83 SAR and a low of 1,224.21 SAR . One month ago, the value of 1 GNO was ر.س 1,449.24 SAR , which represents a -14.24% change from its current value. Over the last year, Gnosis has changed by
+ر.س
54.26SAR
, resulting in a change of +183.42% in its value.

GNO to SAR

Amount
18:00 today
0.5 GNO
ر.س621.43
1 GNO
ر.س1,242.85
5 GNO
ر.س6,214.27
10 GNO
ر.س12,428.54
50 GNO
ر.س62,142.71
100 GNO
ر.س124,285.41
500 GNO
ر.س621,427.06
1000 GNO
ر.س1,242,854.12

SAR to GNO

Amount18:00 today
0.5SAR0.0004023  GNO
1SAR0.0008046  GNO
5SAR0.004023  GNO
10SAR0.008046  GNO
50SAR0.04023  GNO
100SAR0.08046  GNO
500SAR0.4023  GNO
1000SAR0.8046  GNO
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Today vs. 24 hours ago

Amount18:00 today24 hours ago24h change
0.5 GNO$165.69$172.96
-4.20%
1 GNO$331.38$345.91
-4.20%
5 GNO$1,656.92$1,729.57
-4.20%
10 GNO$3,313.84$3,459.15
-4.20%
50 GNO$16,569.18$17,295.73
-4.20%
100 GNO$33,138.36$34,591.46
-4.20%
500 GNO$165,691.79$172,957.32
-4.20%
1000 GNO$331,383.58$345,914.64
-4.20%

Today vs. 1 month ago

Amount18:00 today1 month ago1M change
0.5 GNO$165.69$193.21
-14.24%
1 GNO$331.38$386.41
-14.24%
5 GNO$1,656.92$1,932.06
-14.24%
10 GNO$3,313.84$3,864.12
-14.24%
50 GNO$16,569.18$19,320.58
-14.24%
100 GNO$33,138.36$38,641.16
-14.24%
500 GNO$165,691.79$193,205.8
-14.24%
1000 GNO$331,383.58$386,411.6
-14.24%
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Today vs. 1 year ago

Amount18:00 today1 year ago1Y change
0.5 GNO$165.69$58.46
+183.42%
1 GNO$331.38$116.91
+183.42%
5 GNO$1,656.92$584.57
+183.42%
10 GNO$3,313.84$1,169.15
+183.42%
50 GNO$16,569.18$5,845.74
+183.42%
100 GNO$33,138.36$11,691.49
+183.42%
500 GNO$165,691.79$58,457.45
+183.42%
1000 GNO$331,383.58$116,914.9
+183.42%

Gnosis price prediction

What will the price of GNO be in 2025?

Based on GNO's historical price performance prediction model, the price of GNO is projected to reach $455.11 in 2025.

What will the price of GNO be in 2030?

In 2030, the GNO price is expected to rise by +1.00%. By the end of 2030, the GNO price is projected to reach $556.08, with a cumulative ROI of +67.81%.
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