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base info Injective

Injective to Saudi Riyal Converter and calculator

Convert 1Injective (INJ) to Saudi Riyal (SAR) equals ر.س 90.06 | Bitget

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 Injective currency pair is the INJ to SAR, with for Injective's currency code being INJ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

INJ to SAR conversion rate trend

In the past 1D, Injective has changed -6.91% to SAR. Based on the trend and price charts, Injective(INJ) has changed -6.91% to SAR while Saudi Riyal(SAR) has changed % to INJ in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/16 14:00:31(UTC+0)

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

Injective to Saudi Riyal is falling this week.
Injective's current market price is ر.س 90.06 per INJ, with a total market cap of ر.س 8,411,366,537.46 SAR based on a circulating supply of 93,400,000 INJ. The trading volume of Injective has changed by -17.88% (ر.س -157,038,935.65 SAR) in the last 24 hours. Last trading day, INJ's trading volume was ر.س 878,156,304.64.
Market cap
24h volume
Circulating supply
93.40M INJ

Conversion tables

The exchange rate of Injective is decreasing.
1 INJ is currently valued at ر.س 90.06 SAR , which means buying 5 INJ will cost ر.س 450.29 SAR . Similarly, ر.س1 SAR can be traded for 0.01110 INJ, and ر.س50 SAR can be converted to 0.5552 INJ, excluding any platform or gas fees.
The exchange rate of 1 INJ to Saudi Riyal has changed by -27.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.91%, reaching a high of 96.37 SAR and a low of 88.01 SAR . One month ago, the value of 1 INJ was ر.س 159.64 SAR , which represents a -43.59% change from its current value. Over the last year, Injective has changed by
, resulting in a change of +152.37% in its value.


14:51 today
0.5 INJ
10 INJ
50 INJ
100 INJ
500 INJ
1000 INJ


Amount14:51 today
0.5SAR0.005552  INJ
1SAR0.01110  INJ
5SAR0.05552  INJ
10SAR0.1110  INJ
50SAR0.5552  INJ
100SAR1.11  INJ
500SAR5.55  INJ
1000SAR11.1  INJ

Today vs. 24 hours ago

Amount14:51 today24 hours ago24h change
0.5 INJ$12$12.9
1 INJ$24.01$25.79
5 INJ$120.04$128.95
10 INJ$240.08$257.9
50 INJ$1,200.41$1,289.52
100 INJ$2,400.83$2,579.03
500 INJ$12,004.14$12,895.16
1000 INJ$24,008.28$25,790.32

Today vs. 1 month ago

Amount14:51 today1 month ago1M change
0.5 INJ$12$21.28
1 INJ$24.01$42.56
5 INJ$120.04$212.8
10 INJ$240.08$425.59
50 INJ$1,200.41$2,127.96
100 INJ$2,400.83$4,255.91
500 INJ$12,004.14$21,279.56
1000 INJ$24,008.28$42,559.12

Today vs. 1 year ago

Amount14:51 today1 year ago1Y change
0.5 INJ$12$4.76
1 INJ$24.01$9.51
5 INJ$120.04$47.57
10 INJ$240.08$95.13
50 INJ$1,200.41$475.66
100 INJ$2,400.83$951.33
500 INJ$12,004.14$4,756.64
1000 INJ$24,008.28$9,513.29


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