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JasmyCoin to Saudi Riyal Converter and calculator

Convert 1JasmyCoin (JASMY) to Saudi Riyal (SAR) equals ر.س 0.07578 | 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 JasmyCoin(JASMY) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 JASMY at a value of 1 JASMY for 0.08 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 JasmyCoin currency pair is the JASMY to SAR, with for JasmyCoin's currency code being JASMY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

JASMY to SAR conversion rate trend

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In the past 1D, JasmyCoin has changed -2.67% to SAR. Based on the trend and price charts, JasmyCoin(JASMY) has changed -2.67% to SAR while Saudi Riyal(SAR) has changed % to JASMY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.07579
0.0001% / 0.0004%vip-iconVIP
Binance
ر.س0.07572
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.س0.07569
0.1000% / 0.1000%
Yes
Huobi
ر.س0.07568
0.1000% / 0.1000%
Yes
Gate.io
ر.س0.07574
0.1000% / 0.1000%
Yes
Bybit
ر.س0.07571
0.1000% / 0.1000%
Yes
KuCoin
ر.س0.07573
0.1000% / 0.1000%
Yes
Bitfinex
ر.س0.07637
0.1000% / 0.1000%
Yes
Last updated 2024/05/23 20:00:18(UTC+0)

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

JasmyCoin to Saudi Riyal is rising this week.
JasmyCoin's current market price is ر.س 0.07578 per JASMY, with a total market cap of ر.س 3,735,831,079.73 SAR based on a circulating supply of 49,300,000,000 JASMY. The trading volume of JasmyCoin has changed by +107.20% (ر.س 274,741,611.01 SAR) in the last 24 hours. Last trading day, JASMY's trading volume was ر.س 256,283,795.76.
Market cap
$996.09M
24h volume
$141.59M
Circulating supply
49.30B JASMY

Conversion tables

The exchange rate of JasmyCoin is decreasing.
1 JASMY is currently valued at ر.س 0.07578 SAR , which means buying 5 JASMY will cost ر.س 0.3789 SAR . Similarly, ر.س1 SAR can be traded for 13.2 JASMY, and ر.س50 SAR can be converted to 659.83 JASMY, excluding any platform or gas fees.
The exchange rate of 1 JASMY to Saudi Riyal has changed by +1.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.67%, reaching a high of 0.08333 SAR and a low of 0.07388 SAR . One month ago, the value of 1 JASMY was ر.س 0.07707 SAR , which represents a -1.67% change from its current value. Over the last year, JasmyCoin has changed by
+ر.س
0.05815SAR
, resulting in a change of +330.91% in its value.

JASMY to SAR

Amount
21:00 today
0.5 JASMY
ر.س0.03789
1 JASMY
ر.س0.07578
5 JASMY
ر.س0.3789
10 JASMY
ر.س0.7578
50 JASMY
ر.س3.79
100 JASMY
ر.س7.58
500 JASMY
ر.س37.89
1000 JASMY
ر.س75.78

SAR to JASMY

Amount21:00 today
0.5SAR6.6  JASMY
1SAR13.2  JASMY
5SAR65.98  JASMY
10SAR131.97  JASMY
50SAR659.83  JASMY
100SAR1,319.65  JASMY
500SAR6,598.26  JASMY
1000SAR13,196.53  JASMY
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Today vs. 24 hours ago

Amount21:00 today24 hours ago24h change
0.5 JASMY$0.01010$0.01038
-2.67%
1 JASMY$0.02020$0.02076
-2.67%
5 JASMY$0.1010$0.1038
-2.67%
10 JASMY$0.2020$0.2076
-2.67%
50 JASMY$1.01$1.04
-2.67%
100 JASMY$2.02$2.08
-2.67%
500 JASMY$10.1$10.38
-2.67%
1000 JASMY$20.2$20.76
-2.67%

Today vs. 1 month ago

Amount21:00 today1 month ago1M change
0.5 JASMY$0.01010$0.01027
-1.67%
1 JASMY$0.02020$0.02055
-1.67%
5 JASMY$0.1010$0.1027
-1.67%
10 JASMY$0.2020$0.2055
-1.67%
50 JASMY$1.01$1.03
-1.67%
100 JASMY$2.02$2.05
-1.67%
500 JASMY$10.1$10.27
-1.67%
1000 JASMY$20.2$20.55
-1.67%
Buy JasmyCoin for 1 SAR
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Today vs. 1 year ago

Amount21:00 today1 year ago1Y change
0.5 JASMY$0.01010$0.002350
+330.91%
1 JASMY$0.02020$0.004699
+330.91%
5 JASMY$0.1010$0.02350
+330.91%
10 JASMY$0.2020$0.04699
+330.91%
50 JASMY$1.01$0.2350
+330.91%
100 JASMY$2.02$0.4699
+330.91%
500 JASMY$10.1$2.35
+330.91%
1000 JASMY$20.2$4.7
+330.91%

JasmyCoin price prediction

What will the price of JASMY be in 2025?

Based on JASMY's historical price performance prediction model, the price of JASMY is projected to reach $0.02171 in 2025.

What will the price of JASMY be in 2030?

In 2030, the JASMY price is expected to rise by +6.00%. By the end of 2030, the JASMY price is projected to reach $0.02621, with a cumulative ROI of +29.71%.
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FAQ

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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.