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base info Retik Finance

Retik Finance to Saudi Riyal Converter and calculator

Convert 1Retik Finance (RETIK) to Saudi Riyal (SAR) equals ر.س 0.2823 | 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 Retik Finance(RETIK) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 RETIK at a value of 1 RETIK for 0.28 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 Retik Finance currency pair is the RETIK to SAR, with for Retik Finance's currency code being RETIK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

RETIK to SAR conversion rate trend

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In the past 1D, Retik Finance has changed -5.89% to SAR. Based on the trend and price charts, Retik Finance(RETIK) has changed -5.89% to SAR while Saudi Riyal(SAR) has changed % to RETIK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.2823
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/06/20 15:33:13(UTC+0)

How to buy Retik Finance

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Retik Finance (RETIK)
Use a variety of payment options to buy Retik Finance on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of RETIK with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy RETIK with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
B
BGUSER-4HBCA39LVerified Merchant
67 tradesCompletion rate 88.00%
3.76 SAR
Amount41.33 USDT
Limit39 - 74 SAR
STC PAY
Buy
S
Sojib uddin 74Verified Merchant
196 tradesCompletion rate 93.00%
4.14 SAR
Amount265.35 USDT
Limit50 - 1098 SAR
Al Rajhi BankUrpay
Buy
U
Usman official .Verified Merchant
228 tradesCompletion rate 90.00%
4.15 SAR
Amount186.82 USDT
Limit39 - 775 SAR
STC PAYAl Rajhi BankUrpay
Buy
S
Stc24Verified Merchant
61 tradesCompletion rate 94.00%
4.16 SAR
Amount296.56 USDT
Limit100 - 1000 SAR
STC PAYUrpay
Buy
B
BGUSER-N236YHSJVerified Merchant
45 tradesCompletion rate 92.00%
4.17 SAR
Amount307.62 USDT
Limit415 - 1282 SAR
STC PAYSaudi National Bank (AlAhli Bank)Al Rajhi BankAlinma BankRiyad BankUrpayBank Albilad
Buy

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

Bitget P2P trading currently does not support direct selling of RETIK to SAR. However, you can first exchange RETIK 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
U
Usman official .Verified Merchant
228 tradesCompletion rate 90.00%
3.93 SAR
Amount442.63 USDT
Limit39 - 933 SAR
STC PAYUrpay
Sell
R
ROYAL-TRAD Verified Merchant
5 tradesCompletion rate 83.00%
3.92 SAR
Amount150 USDT
Limit100 - 588 SAR
Urpay
Sell
A
AwaisAslamVerified Merchant
31 tradesCompletion rate 97.00%
3.92 SAR
Amount5000 USDT
Limit80 - 2500 SAR
STC PAY
Sell
a
abushahadVerified Merchant
38 tradesCompletion rate 95.00%
3.9 SAR
Amount174.57 USDT
Limit300 - 500 SAR
STC PAYRiyad BankUrpay
Sell
P
P2P Trader$Verified Merchant
16 tradesCompletion rate 84.00%
3.86 SAR
Amount300 USDT
Limit100 - 1158 SAR
Saudi National Bank (AlAhli Bank)Al Rajhi BankAlinma BankThe Saudi British Bank (SABB)Riyad BankUrpayBank Albilad
Sell

What factors influence the conversion rate of Retik Finance to Saudi Riyal?

Retik Finance to Saudi Riyal is falling this week.
Retik Finance's current market price is ر.س 0.2823 per RETIK, with a total market cap of ر.س 0 SAR based on a circulating supply of -- RETIK. The trading volume of Retik Finance has changed by +9.37% (ر.س 1,009,048.34 SAR) in the last 24 hours. Last trading day, RETIK's trading volume was ر.س 10,767,087.19.
Market cap
$0
24h volume
$3.14M
Circulating supply
0 RETIK

Conversion tables

The exchange rate of Retik Finance is decreasing.
1 RETIK is currently valued at ر.س 0.2823 SAR , which means buying 5 RETIK will cost ر.س 1.41 SAR . Similarly, ر.س1 SAR can be traded for 3.54 RETIK, and ر.س50 SAR can be converted to 177.12 RETIK, excluding any platform or gas fees.
The exchange rate of 1 RETIK to Saudi Riyal has changed by -23.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.89%, reaching a high of 0.3150 SAR and a low of 0.2717 SAR . One month ago, the value of 1 RETIK was ر.س 7.28 SAR , which represents a -96.12% change from its current value. Over the last year, Retik Finance has changed by
+ر.س
0.2823SAR
, resulting in a change of --% in its value.

RETIK to SAR

Amount
15:33 today
0.5 RETIK
ر.س0.1411
1 RETIK
ر.س0.2823
5 RETIK
ر.س1.41
10 RETIK
ر.س2.82
50 RETIK
ر.س14.11
100 RETIK
ر.س28.23
500 RETIK
ر.س141.15
1000 RETIK
ر.س282.3

SAR to RETIK

Amount15:33 today
0.5SAR1.77  RETIK
1SAR3.54  RETIK
5SAR17.71  RETIK
10SAR35.42  RETIK
50SAR177.12  RETIK
100SAR354.24  RETIK
500SAR1,771.18  RETIK
1000SAR3,542.36  RETIK
Buy Retik Finance for 1 SAR
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Today vs. 24 hours ago

Amount15:33 today24 hours ago24h change
0.5 RETIK$0.03762$0.03998
-5.89%
1 RETIK$0.07525$0.07995
-5.89%
5 RETIK$0.3762$0.3998
-5.89%
10 RETIK$0.7525$0.7995
-5.89%
50 RETIK$3.76$4
-5.89%
100 RETIK$7.52$8
-5.89%
500 RETIK$37.62$39.98
-5.89%
1000 RETIK$75.25$79.95
-5.89%

Today vs. 1 month ago

Amount15:33 today1 month ago1M change
0.5 RETIK$0.03762$0.9709
-96.12%
1 RETIK$0.07525$1.94
-96.12%
5 RETIK$0.3762$9.71
-96.12%
10 RETIK$0.7525$19.42
-96.12%
50 RETIK$3.76$97.09
-96.12%
100 RETIK$7.52$194.18
-96.12%
500 RETIK$37.62$970.89
-96.12%
1000 RETIK$75.25$1,941.77
-96.12%
Buy Retik Finance for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Retik Finance now

Today vs. 1 year ago

Amount15:33 today1 year ago1Y change
0.5 RETIK$0.03762$0.00
--
1 RETIK$0.07525$0.00
--
5 RETIK$0.3762$0.00
--
10 RETIK$0.7525$0.00
--
50 RETIK$3.76$0.00
--
100 RETIK$7.52$0.00
--
500 RETIK$37.62$0.00
--
1000 RETIK$75.25$0.00
--

Retik Finance price prediction

What will the price of RETIK be in 2025?

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

What will the price of RETIK be in 2030?

In 2030, the RETIK price is expected to rise by -1.00%. By the end of 2030, the RETIK price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Retik Finance for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Retik Finance now

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Buy Retik Finance for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Retik Finance for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Retik Finance now

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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 Retik Finance 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 Retik Finance 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 Retik Finance 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.

Buy Retik Finance for 1 SAR

A welcome pack worth 1000 USDT for new Bitgetters!

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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.