IMS
SAR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Independent Money System(IMS) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 IMS at a value of 1 IMS 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.
Bitget crypto-to-fiat exchange data shows that the most popular Independent Money System currency pair is the IMS to SAR, with for Independent Money System's currency code being IMS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
IMS to SAR conversion rate trend
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In the past 1D, Independent Money System has changed +2.45% to SAR. Based on the trend and price charts, Independent Money System(IMS) has changed +2.45% to SAR while Saudi Riyal(SAR) has changed % to IMS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.002288 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 16:35:07(UTC+0)
How to buy Independent Money System
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Independent Money System (IMS)
Use a variety of payment options to buy Independent Money System on Bitget. We'll show you how.
Buy IMS (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of IMS with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy IMS with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell IMS (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of IMS to SAR. However, you can first exchange IMS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Independent Money System to Saudi Riyal?
Independent Money System to Saudi Riyal is rising this week.Independent Money System's current market price is ر.س 0.002288 per IMS, with a total market cap of ر.س 0 SAR based on a circulating supply of -- IMS. The trading volume of Independent Money System has changed by 0.00% (ر.س 0 SAR) in the last 24 hours. Last trading day, IMS's trading volume was ر.س 0.
Market cap
$0
24h volume
$0
Circulating supply
0 IMS
Conversion tables
The exchange rate of Independent Money System is increasing.1 IMS is currently valued at ر.س 0.002288 SAR , which means buying 5 IMS will cost ر.س 0.01144 SAR . Similarly, ر.س1 SAR can be traded for 436.97 IMS, and ر.س50 SAR can be converted to 21,848.67 IMS, excluding any platform or gas fees.
The exchange rate of 1 IMS to Saudi Riyal has changed by +231.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.45%, reaching a high of 0.003483 SAR and a low of 0.003354 SAR . One month ago, the value of 1 IMS was ر.س -0.00 SAR , which represents a +248.46% change from its current value. Over the last year, Independent Money System has changed by , resulting in a change of -3.50% in its value.
-ر.س
0.0001261SARIMS to SAR
Amount
17:03 today
0.5 IMS
ر.س0.001144
1 IMS
ر.س0.002288
5 IMS
ر.س0.01144
10 IMS
ر.س0.02288
50 IMS
ر.س0.1144
100 IMS
ر.س0.2288
500 IMS
ر.س1.14
1000 IMS
ر.س2.29
SAR to IMS
Amount17:03 today
0.5SAR218.49 IMS
1SAR436.97 IMS
5SAR2,184.87 IMS
10SAR4,369.73 IMS
50SAR21,848.67 IMS
100SAR43,697.35 IMS
500SAR218,486.74 IMS
1000SAR436,973.47 IMS
Today vs. 24 hours ago
| Amount | 17:03 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 IMS | $0.0003046 | $0.0002935 | +2.45% |
| 1 IMS | $0.0006092 | $0.0005871 | +2.45% |
| 5 IMS | $0.003046 | $0.002935 | +2.45% |
| 10 IMS | $0.006092 | $0.005871 | +2.45% |
| 50 IMS | $0.03046 | $0.02935 | +2.45% |
| 100 IMS | $0.06092 | $0.05871 | +2.45% |
| 500 IMS | $0.3046 | $0.2935 | +2.45% |
| 1000 IMS | $0.6092 | $0.5871 | +2.45% |
Today vs. 1 month ago
| Amount | 17:03 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 IMS | $0.0003046 | $-0.{4}2551 | +248.46% |
| 1 IMS | $0.0006092 | $-0.{4}5101 | +248.46% |
| 5 IMS | $0.003046 | $-0.0002551 | +248.46% |
| 10 IMS | $0.006092 | $-0.0005101 | +248.46% |
| 50 IMS | $0.03046 | $-0.002551 | +248.46% |
| 100 IMS | $0.06092 | $-0.005101 | +248.46% |
| 500 IMS | $0.3046 | $-0.02551 | +248.46% |
| 1000 IMS | $0.6092 | $-0.05101 | +248.46% |
Today vs. 1 year ago
| Amount | 17:03 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 IMS | $0.0003046 | $0.0003214 | -3.50% |
| 1 IMS | $0.0006092 | $0.0006428 | -3.50% |
| 5 IMS | $0.003046 | $0.003214 | -3.50% |
| 10 IMS | $0.006092 | $0.006428 | -3.50% |
| 50 IMS | $0.03046 | $0.03214 | -3.50% |
| 100 IMS | $0.06092 | $0.06428 | -3.50% |
| 500 IMS | $0.3046 | $0.3214 | -3.50% |
| 1000 IMS | $0.6092 | $0.6428 | -3.50% |
Independent Money System price prediction
What will the price of IMS be in 2025?
Based on IMS's historical price performance prediction model, the price of IMS is projected to reach $0.001358 in 2025.
What will the price of IMS be in 2030?
In 2030, the IMS price is expected to change by +5.00%. By the end of 2030, the IMS price is projected to reach $0.003008, with a cumulative ROI of +393.83%.
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Popular Independent Money System conversions
Check out these popular currency conversions of Independent Money System to several fiat currencies.
Independent Money System to USD
1 IMS to $ 0.0006092 USD
Independent Money System to GBP
1 IMS to £ 0.0004869 GBP
Independent Money System to EUR
1 IMS to € 0.0005859 EUR
Independent Money System to KRW
1 IMS to ₩ 0.8847 KRW
Independent Money System to CAD
1 IMS to $ 0.0008780 CAD
Independent Money System to AUD
1 IMS to $ 0.0009780 AUD
Independent Money System to JPY
1 IMS to ¥ 0.09577 JPY
Independent Money System to BRL
1 IMS to R$ 0.003762 BRL
Independent Money System to CNY
1 IMS to ¥ 0.004450 CNY
Independent Money System to TWD
1 IMS to NT$ 0.01993 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Independent Money System.
Bitcoin to SAR
1 BTC to ر.س 353,022.57 SAR
Ethereum to SAR
1 ETH to ر.س 12,676.94 SAR
Aave to SAR
1 AAVE to ر.س 1,317.53 SAR
Frax Share to SAR
1 FXS to ر.س 12.02 SAR
Verge to SAR
1 XVG to ر.س 0.04719 SAR
BNB to SAR
1 BNB to ر.س 2,568.84 SAR
QuarkChain to SAR
1 QKC to ر.س 0.04315 SAR
Algorand to SAR
1 ALGO to ر.س 1.36 SAR
XRP to SAR
1 XRP to ر.س 8.26 SAR
Curve DAO Token to SAR
1 CRV to ر.س 3.3 SAR
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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 Independent Money System 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 Independent Money System 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 Independent Money System 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.
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.
