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base info TRON

TRON to Saudi Riyal Converter and calculator

Convert 1TRON (TRX) to Saudi Riyal (SAR) equals ر.س 0.4040 | 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 TRON currency pair is the TRX to SAR, with for TRON's currency code being TRX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

TRX to SAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, TRON has changed -2.17% to SAR. Based on the trend and price charts, TRON(TRX) has changed -2.17% to SAR while Saudi Riyal(SAR) has changed % to TRX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.3976
0.0001% / 0.0004%vip-iconVIP
Binance
ر.س0.3981
0.1000% / 0.1000%
Yes
OKX
ر.س0.3981
0.080% / 0.100%
Yes
Huobi
ر.س0.3982
0.1000% / 0.1000%
Yes
Gate.io
ر.س0.3980
0.1000% / 0.1000%
Yes
Bybit
ر.س0.3978
0.1000% / 0.1000%
Yes
KuCoin
ر.س0.3984
0.1000% / 0.1000%
Yes
Bitfinex
ر.س0.3982
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 03:00:38(UTC+0)

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

TRON to Saudi Riyal is falling this week.
TRON's current market price is ر.س 0.4040 per TRX, with a total market cap of ر.س 35,398,361,627.25 SAR based on a circulating supply of 87,611,130,000 TRX. The trading volume of TRON has changed by +7.89% (ر.س 116,980,391.37 SAR) in the last 24 hours. Last trading day, TRX's trading volume was ر.س 1,482,490,892.84.
Market cap
$9.44B
24h volume
$426.40M
Circulating supply
87.61B TRX

Conversion tables

The exchange rate of TRON is decreasing.
1 TRX is currently valued at ر.س 0.4040 SAR , which means buying 5 TRX will cost ر.س 2.02 SAR . Similarly, ر.س1 SAR can be traded for 2.48 TRX, and ر.س50 SAR can be converted to 123.75 TRX, excluding any platform or gas fees.
The exchange rate of 1 TRX to Saudi Riyal has changed by -11.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.17%, reaching a high of 0.4124 SAR and a low of 0.3960 SAR . One month ago, the value of 1 TRX was ر.س 0.4321 SAR , which represents a -6.49% change from its current value. Over the last year, TRON has changed by
+ر.س
0.1569SAR
, resulting in a change of +63.54% in its value.

TRX to SAR

Amount
03:45 am today
0.5 TRX
ر.س0.2020
1 TRX
ر.س0.4040
5 TRX
ر.س2.02
10 TRX
ر.س4.04
50 TRX
ر.س20.2
100 TRX
ر.س40.4
500 TRX
ر.س202.02
1000 TRX
ر.س404.04

SAR to TRX

Amount03:45 am today
0.5SAR1.24  TRX
1SAR2.48  TRX
5SAR12.38  TRX
10SAR24.75  TRX
50SAR123.75  TRX
100SAR247.5  TRX
500SAR1,237.5  TRX
1000SAR2,475.01  TRX
share

Today vs. 24 hours ago

Amount03:45 am today24 hours ago24h change
0.5 TRX$0.05386$0.05505
-2.17%
1 TRX$0.1077$0.1101
-2.17%
5 TRX$0.5386$0.5505
-2.17%
10 TRX$1.08$1.1
-2.17%
50 TRX$5.39$5.51
-2.17%
100 TRX$10.77$11.01
-2.17%
500 TRX$53.86$55.05
-2.17%
1000 TRX$107.71$110.1
-2.17%

Today vs. 1 month ago

Amount03:45 am today1 month ago1M change
0.5 TRX$0.05386$0.05760
-6.49%
1 TRX$0.1077$0.1152
-6.49%
5 TRX$0.5386$0.5760
-6.49%
10 TRX$1.08$1.15
-6.49%
50 TRX$5.39$5.76
-6.49%
100 TRX$10.77$11.52
-6.49%
500 TRX$53.86$57.6
-6.49%
1000 TRX$107.71$115.19
-6.49%

Today vs. 1 year ago

Amount03:45 am today1 year ago1Y change
0.5 TRX$0.05386$0.03294
+63.54%
1 TRX$0.1077$0.06587
+63.54%
5 TRX$0.5386$0.3294
+63.54%
10 TRX$1.08$0.6587
+63.54%
50 TRX$5.39$3.29
+63.54%
100 TRX$10.77$6.59
+63.54%
500 TRX$53.86$32.94
+63.54%
1000 TRX$107.71$65.87
+63.54%

FAQ

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