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PSY to SAR Converter and calculator

PSY/SAR: 1 PSY = 0.0007078 SAR. The price of converting 1 PsyOptions (PSY) to Saudi Riyal (SAR) is 0.0007078 SAR today.
PSY
PSY
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PSY to SAR real-time exchange rates, making it easy to convert PsyOptions (PSY) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 PSY is currently valued at 0.00 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PSY is currently valued at 0.00 SAR, which means buying 5 PSY would cost 0.00 SAR. Similarly, ر.س1 SAR can be converted to 1,412.84 PSY, and ر.س50 SAR can be converted to 7,064.21 PSY, excluding any platform or gas fees.

Convert PSY to SAR

Convert SAR to PSY

PsyOptions
Saudi Riyal
In the table above, you'll find a comprehensive PSY to SAR converter that shows the value of PsyOptions in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 PSY to SAR, all the way up to 10000 PSY, providing a clear view of their respective values.
Saudi Riyal
PsyOptions
1000 SAR
1,412,841.65 PSY
2000 SAR
2,825,683.31 PSY
5000 SAR
7,064,208.27 PSY
10000 SAR
14,128,416.54 PSY
50000 SAR
70,642,082.72 PSY
100000 SAR
141,284,165.45 PSY
In the table above, you'll find a comprehensive SAR to PSY converter that shows the value of Saudi Riyal in PsyOptions across commonly used conversion amounts. The list covers conversions from 1 SAR to PSY, all the way up to 100000 SAR, providing a clear view of their respective values.

PSY to SAR chart

PSY/SAR: 1 PSY = 0.0007078 SAR; 2025/05/06 13:52:08
In the past 1D, PsyOptions has changed +4.21% to SAR. Based on the trend and price charts, PsyOptions(PSY) has changed +4.21% to SAR while Saudi Riyal(SAR) has changed % to PSY in the last 24 hours.
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PSY to SAR conversion data: Volatility and price changes of PsyOptions in SAR

The highest PsyOptions price in SAR over the past 7 days was 0.0007208 SAR while the lowest PsyOptions price in SAR over the past 7 days was 0.0006542 SAR. The relative change between the highs and lows in PsyOptions price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and PSY to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0007208 SAR
0.0007208 SAR
0.0008230 SAR
0.002486 SAR
Low
0.0006645 SAR
0.0006542 SAR
0.0005892 SAR
0.0005892 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+4.21%
+7.43%
+7.06%
-66.52%

PsyOptions information

PSY to SAR market statistics

PSY/SAR:
ر.س0.0007078
PSY 24h volume:
ر.س50,716.18
PSY market cap:
--
PSY circulating supply:
0 PSY

Current PSY to SAR exchange rate

PsyOptions to Saudi Riyal is rising this week.
PsyOptions's current market price is ر.س0.0007078 per PSY, with a total market cap of ر.س0 SAR based on a circulating supply of -- PSY. The trading volume of PsyOptions has changed by -14.95% (ر.س-8,916.80 SAR) in the last 24 hours. Last trading day, PSY's trading volume was ر.س59,632.99.

More info about PsyOptions on Bitget

Saudi Riyal 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 PsyOptions currency pair is the PSY to SAR, with for PsyOptions's currency code being PSY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert PSY to SAR

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PSY to SAR Conversion tables

The exchange rate of PsyOptions is increasing.
The exchange rate of 1 PSY to Saudi Riyal has changed by +7.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.21%, reaching a high of 0.0007208 SAR and a low of 0.0006645 SAR . One month ago, the value of 1 PSY was ر.س0.0006612 SAR , which represents a +7.06% change from its current value. Over the last year, PsyOptions has changed by
-ر.س
0.01010SAR
, resulting in a change of -93.45% in its value.
24 hours ago1 month ago1 year ago
Amount13:52 today24 hours ago24h change
0.5 PSYر.س0.0003539ر.س0.0003396
+4.21%
1 PSYر.س0.0007078ر.س0.0006792
+4.21%
5 PSYر.س0.003539ر.س0.003396
+4.21%
10 PSYر.س0.007078ر.س0.006792
+4.21%
50 PSYر.س0.03539ر.س0.03396
+4.21%
100 PSYر.س0.07078ر.س0.06792
+4.21%
500 PSYر.س0.3539ر.س0.3396
+4.21%
1000 PSYر.س0.7078ر.س0.6792
+4.21%

PSY to SAR FAQ

How much is 1 PsyOptions in SAR?
Right now, the price of 1 PsyOptions (PSY) in Saudi Riyal (SAR) is ر.س0.0007078.
How much PSY can I buy for 1 SAR?
Based on the current exchange rate, you can get 1,412.84 PSY for 1 SAR.
How do I calculate or convert PSY to SAR?
You can use our PSY to SAR calculator at the top of this page to convert any amount of PSY to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 7,064.21 PSY, while 5 PSY will cost around 0.003539SAR.
What is the highest price of PSY/SAR in history?
The all-time high price of 1 PSY in SAR is ر.س0.9095. It remains to be seen if the value of 1 PSY/SAR will exceed the current all-time high.
What is the price trend of PsyOptions in SAR?
Over the past 7 days, the exchange rate of PsyOptions (PSY) has gone up by 7.43%.   Over the last month, the exchange rate of PsyOptions (PSY) has gone up by 7.06% against Saudi Riyal (SAR).

What factors influence the conversion rate of PSY to SAR?

There are many factors that affect the relationship between PsyOptions and Saudi Riyal, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PSY/SAR. When there is positive news in the market about the widespread adoption of PSY or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PSY/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PSY/SAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PSY/SAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of PsyOptions and adjust their investment strategies accordingly in the evolving market.

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