VET
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 VeChain(VET) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 VET at a value of 1 VET for 0.18 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 VeChain currency pair is the VET to SAR, with for VeChain's currency code being VET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
VET to SAR conversion rate trend
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In the past 1D, VeChain has changed +4.02% to SAR. Based on the trend and price charts, VeChain(VET) has changed +4.02% to SAR while Saudi Riyal(SAR) has changed % to VET in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.1715 | 0.0200% / 0.0320%  VIP 7 | |
Binance | ر.س0.1720 | 0.1000% / 0.1000% | Yes |
Huobi | ر.س0.1719 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.س0.1720 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س0.1719 | 0.1000% / 0.1000% | Yes |
Bitfinex | ر.س0.07395 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/12 01:00:26(UTC+0)
How to buy VeChain
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 VeChain (VET)
Use a variety of payment options to buy VeChain on Bitget. We'll show you how.
Learn MoreBuy VET (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of VET with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy VET 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 VET (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of VET to SAR. However, you can first exchange VET 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 VeChain to Saudi Riyal?
VeChain to Saudi Riyal is falling this week.VeChain's current market price is ر.س 0.1776 per VET, with a total market cap of ر.س 14,383,677,816.06 SAR based on a circulating supply of 80,985,040,000 VET. The trading volume of VeChain has changed by -26.96% (ر.س -189,744,357.83 SAR) in the last 24 hours. Last trading day, VET's trading volume was ر.س 703,752,560.39.
Market cap
$3.83B
24h volume
$136.83M
Circulating supply
80.99B VET
Conversion tables
The exchange rate of VeChain is increasing.1 VET is currently valued at ر.س 0.1776 SAR , which means buying 5 VET will cost ر.س 0.8880 SAR . Similarly, ر.س1 SAR can be traded for 5.63 VET, and ر.س50 SAR can be converted to 281.52 VET, excluding any platform or gas fees.
The exchange rate of 1 VET to Saudi Riyal has changed by -17.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.02%, reaching a high of 0.1780 SAR and a low of 0.1659 SAR . One month ago, the value of 1 VET was ر.س 0.1449 SAR , which represents a +22.55% change from its current value. Over the last year, VeChain has changed by , resulting in a change of +32.84% in its value.
+ر.س
0.04390SARVET to SAR
Amount
04:27 am today
0.5 VET
ر.س0.08880
1 VET
ر.س0.1776
5 VET
ر.س0.8880
10 VET
ر.س1.78
50 VET
ر.س8.88
100 VET
ر.س17.76
500 VET
ر.س88.8
1000 VET
ر.س177.61
SAR to VET
Amount04:27 am today
0.5SAR2.82 VET
1SAR5.63 VET
5SAR28.15 VET
10SAR56.3 VET
50SAR281.52 VET
100SAR563.03 VET
500SAR2,815.17 VET
1000SAR5,630.34 VET
Today vs. 24 hours ago
| Amount | 04:27 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VET | $0.02364 | $0.02273 | +4.02% |
| 1 VET | $0.04728 | $0.04545 | +4.02% |
| 5 VET | $0.2364 | $0.2273 | +4.02% |
| 10 VET | $0.4728 | $0.4545 | +4.02% |
| 50 VET | $2.36 | $2.27 | +4.02% |
| 100 VET | $4.73 | $4.55 | +4.02% |
| 500 VET | $23.64 | $22.73 | +4.02% |
| 1000 VET | $47.28 | $45.45 | +4.02% |
Today vs. 1 month ago
| Amount | 04:27 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VET | $0.02364 | $0.01929 | +22.55% |
| 1 VET | $0.04728 | $0.03858 | +22.55% |
| 5 VET | $0.2364 | $0.1929 | +22.55% |
| 10 VET | $0.4728 | $0.3858 | +22.55% |
| 50 VET | $2.36 | $1.93 | +22.55% |
| 100 VET | $4.73 | $3.86 | +22.55% |
| 500 VET | $23.64 | $19.29 | +22.55% |
| 1000 VET | $47.28 | $38.58 | +22.55% |
Today vs. 1 year ago
| Amount | 04:27 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VET | $0.02364 | $0.01780 | +32.84% |
| 1 VET | $0.04728 | $0.03559 | +32.84% |
| 5 VET | $0.2364 | $0.1780 | +32.84% |
| 10 VET | $0.4728 | $0.3559 | +32.84% |
| 50 VET | $2.36 | $1.78 | +32.84% |
| 100 VET | $4.73 | $3.56 | +32.84% |
| 500 VET | $23.64 | $17.8 | +32.84% |
| 1000 VET | $47.28 | $35.59 | +32.84% |
VeChain price prediction
What will the price of VET be in 2025?
Based on VET's historical price performance prediction model, the price of VET is projected to reach $0.04883 in 2025.
What will the price of VET be in 2030?
In 2030, the VET price is expected to change by -13.00%. By the end of 2030, the VET price is projected to reach $0.09539, with a cumulative ROI of +105.84%.
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Popular VeChain conversions
Check out these popular currency conversions of VeChain to several fiat currencies.
VeChain to USD
1 VET to $ 0.04728 USD
VeChain to GBP
1 VET to £ 0.03759 GBP
VeChain to EUR
1 VET to € 0.04527 EUR
VeChain to KRW
1 VET to ₩ 68.6 KRW
VeChain to CAD
1 VET to $ 0.06789 CAD
VeChain to AUD
1 VET to $ 0.07564 AUD
VeChain to JPY
1 VET to ¥ 7.4 JPY
VeChain to BRL
1 VET to R$ 0.2874 BRL
VeChain to CNY
1 VET to ¥ 0.3452 CNY
VeChain to TWD
1 VET to NT$ 1.55 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in VeChain.
Peanut the Squirrel to SAR
1 PNUT to ر.س 2.68 SAR
Hive to SAR
1 HIVE to ر.س 1.38 SAR
Steem to SAR
1 STEEM to ر.س 0.8122 SAR
Verge to SAR
1 XVG to ر.س 0.05119 SAR
BitTorrent [New] to SAR
1 BTT to ر.س 0.{5}4374 SAR
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Livepeer to SAR
1 LPT to ر.س 59.28 SAR
FTX Token to SAR
1 FTT to ر.س 11.74 SAR
Just a chill guy to SAR
1 CHILLGUY to ر.س 0.7028 SAR
AVA (Travala) to SAR
1 AVA to ر.س 5.23 SAR
Powerledger to SAR
1 POWR to ر.س 0.9360 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 VeChain 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 VeChain 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 VeChain 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.
