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base info Stellar

Stellar to Saudi Riyal Converter and calculator

Convert 1Stellar (XLM) to Saudi Riyal (SAR) equals ر.س 0.4312 | 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 Stellar(XLM) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 XLM at a value of 1 XLM for 0.43 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 Stellar currency pair is the XLM to SAR, with for Stellar's currency code being XLM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

XLM to SAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Stellar has changed +1.34% to SAR. Based on the trend and price charts, Stellar(XLM) has changed +1.34% to SAR while Saudi Riyal(SAR) has changed % to XLM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.4302
0.0001% / 0.0004%vip-iconVIP
Binance
ر.س0.4299
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.س0.4303
0.1000% / 0.1000%
Yes
OKX
ر.س0.4301
0.080% / 0.100%
Yes
Huobi
ر.س0.4302
0.1000% / 0.1000%
Yes
Gate.io
ر.س0.4301
0.1000% / 0.1000%
Yes
Bybit
ر.س0.4302
0.1000% / 0.1000%
Yes
KuCoin
ر.س0.4307
0.1000% / 0.1000%
Yes
Bitfinex
ر.س0.4304
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 11:00:36(UTC+0)

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

Stellar to Saudi Riyal is rising this week.
Stellar's current market price is ر.س 0.4312 per XLM, with a total market cap of ر.س 12,466,198,288.11 SAR based on a circulating supply of 28,910,606,000 XLM. The trading volume of Stellar has changed by -17.08% (ر.س -46,337,684.69 SAR) in the last 24 hours. Last trading day, XLM's trading volume was ر.س 271,239,161.85.
Market cap
$3.32B
24h volume
$59.95M
Circulating supply
28.91B XLM

Conversion tables

The exchange rate of Stellar is decreasing.
1 XLM is currently valued at ر.س 0.4312 SAR , which means buying 5 XLM will cost ر.س 2.16 SAR . Similarly, ر.س1 SAR can be traded for 2.32 XLM, and ر.س50 SAR can be converted to 115.96 XLM, excluding any platform or gas fees.
The exchange rate of 1 XLM to Saudi Riyal has changed by +6.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.34%, reaching a high of 0.4384 SAR and a low of 0.4250 SAR . One month ago, the value of 1 XLM was ر.س 0.4882 SAR , which represents a -11.68% change from its current value. Over the last year, Stellar has changed by
+ر.س
0.08116SAR
, resulting in a change of +23.18% in its value.

XLM to SAR

Amount
11:45 am today
0.5 XLM
ر.س0.2156
1 XLM
ر.س0.4312
5 XLM
ر.س2.16
10 XLM
ر.س4.31
50 XLM
ر.س21.56
100 XLM
ر.س43.12
500 XLM
ر.س215.6
1000 XLM
ر.س431.2

SAR to XLM

Amount11:45 am today
0.5SAR1.16  XLM
1SAR2.32  XLM
5SAR11.6  XLM
10SAR23.19  XLM
50SAR115.96  XLM
100SAR231.91  XLM
500SAR1,159.56  XLM
1000SAR2,319.12  XLM
share

Today vs. 24 hours ago

Amount11:45 am today24 hours ago24h change
0.5 XLM$0.05747$0.05671
+1.34%
1 XLM$0.1149$0.1134
+1.34%
5 XLM$0.5747$0.5671
+1.34%
10 XLM$1.15$1.13
+1.34%
50 XLM$5.75$5.67
+1.34%
100 XLM$11.49$11.34
+1.34%
500 XLM$57.47$56.71
+1.34%
1000 XLM$114.94$113.43
+1.34%

Today vs. 1 month ago

Amount11:45 am today1 month ago1M change
0.5 XLM$0.05747$0.06507
-11.68%
1 XLM$0.1149$0.1301
-11.68%
5 XLM$0.5747$0.6507
-11.68%
10 XLM$1.15$1.3
-11.68%
50 XLM$5.75$6.51
-11.68%
100 XLM$11.49$13.01
-11.68%
500 XLM$57.47$65.07
-11.68%
1000 XLM$114.94$130.15
-11.68%

Today vs. 1 year ago

Amount11:45 am today1 year ago1Y change
0.5 XLM$0.05747$0.04665
+23.18%
1 XLM$0.1149$0.09331
+23.18%
5 XLM$0.5747$0.4665
+23.18%
10 XLM$1.15$0.9331
+23.18%
50 XLM$5.75$4.67
+23.18%
100 XLM$11.49$9.33
+23.18%
500 XLM$57.47$46.65
+23.18%
1000 XLM$114.94$93.31
+23.18%

FAQ

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