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Speedy to Saudi Riyal Converter and calculator

Convert 1Speedy (SPEEDY) to Saudi Riyal (SAR) equals ر.س 0.{4}1546 | Bitget
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 Speedy(SPEEDY) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 SPEEDY at a value of 1 SPEEDY for 0.00 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 Speedy currency pair is the SPEEDY to SAR, with for Speedy's currency code being SPEEDY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

SPEEDY to SAR conversion rate trend

In the past 1D, Speedy has changed +1.21% to SAR. Based on the trend and price charts, Speedy(SPEEDY) has changed +1.21% to SAR while Saudi Riyal(SAR) has changed % to SPEEDY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/19 02:42:40(UTC+0)

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

Speedy to Saudi Riyal is rising this week.
Speedy's current market price is ر.س 0.{4}1546 per SPEEDY, with a total market cap of ر.س 0 SAR based on a circulating supply of -- SPEEDY. The trading volume of Speedy has changed by -16.21% (ر.س -151,780.64 SAR) in the last 24 hours. Last trading day, SPEEDY's trading volume was ر.س 936,166.27.
Market cap
24h volume
Circulating supply

Conversion tables

The exchange rate of Speedy is decreasing.
1 SPEEDY is currently valued at ر.س 0.{4}1546 SAR , which means buying 5 SPEEDY will cost ر.س 0.{4}7731 SAR . Similarly, ر.س1 SAR can be traded for 64,671.39 SPEEDY, and ر.س50 SAR can be converted to 3,233,569.63 SPEEDY, excluding any platform or gas fees.
The exchange rate of 1 SPEEDY to Saudi Riyal has changed by +17.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.21%, reaching a high of 0.{4}1833 SAR and a low of 0.{4}1519 SAR . One month ago, the value of 1 SPEEDY was ر.س 0.{4}4276 SAR , which represents a -63.84% change from its current value. Over the last year, Speedy has changed by
, resulting in a change of --% in its value.


02:42 am today


Amount02:42 am today
0.5SAR32,335.7  SPEEDY
1SAR64,671.39  SPEEDY
5SAR323,356.96  SPEEDY
10SAR646,713.93  SPEEDY
50SAR3,233,569.63  SPEEDY
100SAR6,467,139.25  SPEEDY
500SAR32,335,696.26  SPEEDY
1000SAR64,671,392.53  SPEEDY
Buy Speedy for 1 SAR
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Today vs. 24 hours ago

Amount02:42 am today24 hours ago24h change
0.5 SPEEDY$0.{5}2062$0.{5}2037
1 SPEEDY$0.{5}4123$0.{5}4074
5 SPEEDY$0.{4}2062$0.{4}2037
10 SPEEDY$0.{4}4123$0.{4}4074
50 SPEEDY$0.0002062$0.0002037
100 SPEEDY$0.0004123$0.0004074
500 SPEEDY$0.002062$0.002037
1000 SPEEDY$0.004123$0.004074

Today vs. 1 month ago

Amount02:42 am today1 month ago1M change
0.5 SPEEDY$0.{5}2062$0.{5}5702
1 SPEEDY$0.{5}4123$0.{4}1140
5 SPEEDY$0.{4}2062$0.{4}5702
10 SPEEDY$0.{4}4123$0.0001140
50 SPEEDY$0.0002062$0.0005702
100 SPEEDY$0.0004123$0.001140
500 SPEEDY$0.002062$0.005702
1000 SPEEDY$0.004123$0.01140
Buy Speedy for 1 SAR
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Today vs. 1 year ago

Amount02:42 am today1 year ago1Y change
0.5 SPEEDY$0.{5}2062$0.00
1 SPEEDY$0.{5}4123$0.00
5 SPEEDY$0.{4}2062$0.00
10 SPEEDY$0.{4}4123$0.00
50 SPEEDY$0.0002062$0.00
100 SPEEDY$0.0004123$0.00
500 SPEEDY$0.002062$0.00
1000 SPEEDY$0.004123$0.00

Speedy price prediction

What will the price of SPEEDY be in 2025?

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

What will the price of SPEEDY be in 2030?

In 2030, the SPEEDY price is expected to rise by -18.00%. By the end of 2030, the SPEEDY price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Speedy for 1 SAR
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Buy Speedy for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Speedy now
Buy Speedy for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Speedy now


Buy Speedy for 1 SAR

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Speedy now
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