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base info Gorilla

Gorilla to Saudi Riyal Converter and calculator

Convert 1Gorilla (GORILLA) to Saudi Riyal (SAR) equals ر.س 0.01432 | 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 Gorilla(GORILLA) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 GORILLA at a value of 1 GORILLA 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 Gorilla currency pair is the GORILLA to SAR, with for Gorilla's currency code being GORILLA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

GORILLA to SAR conversion rate trend

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In the past 1D, Gorilla has changed -0.50% to SAR. Based on the trend and price charts, Gorilla(GORILLA) has changed -0.50% to SAR while Saudi Riyal(SAR) has changed % to GORILLA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.01432
0.0001% / 0.0004%vip-iconVIP
Gate.io
ر.س0.01423
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 01:00:14(UTC+0)

How to buy Gorilla

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

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

Gorilla to Saudi Riyal is falling this week.
Gorilla's current market price is ر.س 0.01432 per GORILLA, with a total market cap of ر.س 12,078,703.46 SAR based on a circulating supply of 843,716,400 GORILLA. The trading volume of Gorilla has changed by +3.85% (ر.س 72,117.8 SAR) in the last 24 hours. Last trading day, GORILLA's trading volume was ر.س 1,874,309.26.
Market cap
$3.22M
24h volume
$519.05K
Circulating supply
843.72M GORILLA

Conversion tables

The exchange rate of Gorilla is decreasing.
1 GORILLA is currently valued at ر.س 0.01432 SAR , which means buying 5 GORILLA will cost ر.س 0.07158 SAR . Similarly, ر.س1 SAR can be traded for 69.85 GORILLA, and ر.س50 SAR can be converted to 3,492.58 GORILLA, excluding any platform or gas fees.
The exchange rate of 1 GORILLA to Saudi Riyal has changed by -2.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.50%, reaching a high of 0.01510 SAR and a low of 0.01391 SAR . One month ago, the value of 1 GORILLA was ر.س 0.01461 SAR , which represents a -1.97% change from its current value. Over the last year, Gorilla has changed by
+ر.س
0.01439SAR
, resulting in a change of --% in its value.

GORILLA to SAR

Amount
01:32 am today
0.5 GORILLA
ر.س0.007158
1 GORILLA
ر.س0.01432
5 GORILLA
ر.س0.07158
10 GORILLA
ر.س0.1432
50 GORILLA
ر.س0.7158
100 GORILLA
ر.س1.43
500 GORILLA
ر.س7.16
1000 GORILLA
ر.س14.32

SAR to GORILLA

Amount01:32 am today
0.5SAR34.93  GORILLA
1SAR69.85  GORILLA
5SAR349.26  GORILLA
10SAR698.52  GORILLA
50SAR3,492.58  GORILLA
100SAR6,985.16  GORILLA
500SAR34,925.79  GORILLA
1000SAR69,851.57  GORILLA
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Today vs. 24 hours ago

Amount01:32 am today24 hours ago24h change
0.5 GORILLA$0.001909$0.001918
-0.50%
1 GORILLA$0.003818$0.003837
-0.50%
5 GORILLA$0.01909$0.01918
-0.50%
10 GORILLA$0.03818$0.03837
-0.50%
50 GORILLA$0.1909$0.1918
-0.50%
100 GORILLA$0.3818$0.3837
-0.50%
500 GORILLA$1.91$1.92
-0.50%
1000 GORILLA$3.82$3.84
-0.50%

Today vs. 1 month ago

Amount01:32 am today1 month ago1M change
0.5 GORILLA$0.001909$0.001947
-1.97%
1 GORILLA$0.003818$0.003895
-1.97%
5 GORILLA$0.01909$0.01947
-1.97%
10 GORILLA$0.03818$0.03895
-1.97%
50 GORILLA$0.1909$0.1947
-1.97%
100 GORILLA$0.3818$0.3895
-1.97%
500 GORILLA$1.91$1.95
-1.97%
1000 GORILLA$3.82$3.89
-1.97%
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Today vs. 1 year ago

Amount01:32 am today1 year ago1Y change
0.5 GORILLA$0.001909$-0.{5}9508
--
1 GORILLA$0.003818$-0.{4}1902
--
5 GORILLA$0.01909$-0.{4}9508
--
10 GORILLA$0.03818$-0.0001902
--
50 GORILLA$0.1909$-0.0009508
--
100 GORILLA$0.3818$-0.001902
--
500 GORILLA$1.91$-0.009508
--
1000 GORILLA$3.82$-0.01902
--

Gorilla price prediction

What will the price of GORILLA be in 2025?

Based on GORILLA's historical price performance prediction model, the price of GORILLA is projected to reach $0.005774 in 2025.

What will the price of GORILLA be in 2030?

In 2030, the GORILLA price is expected to rise by -18.00%. By the end of 2030, the GORILLA price is projected to reach $0.006779, with a cumulative ROI of +77.58%.
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