MEX
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 xExchange(MEX) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 MEX at a value of 1 MEX 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 xExchange currency pair is the MEX to SAR, with for xExchange's currency code being MEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
MEX to SAR conversion rate trend
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In the past 1D, xExchange has changed -1.30% to SAR. Based on the trend and price charts, xExchange(MEX) has changed -1.30% to SAR while Saudi Riyal(SAR) has changed % to MEX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.{4}1302 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 16:32:14(UTC+0)
How to buy xExchange
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy xExchange (MEX)
Use a variety of payment options to buy xExchange on Bitget. We'll show you how.
Buy MEX (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of MEX with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy MEX 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 MEX (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of MEX to SAR. However, you can first exchange MEX 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 xExchange to Saudi Riyal?
xExchange to Saudi Riyal is falling this week.xExchange's current market price is ر.س 0.{4}1305 per MEX, with a total market cap of ر.س 0 SAR based on a circulating supply of -- MEX. The trading volume of xExchange has changed by -18.53% (ر.س -169,020.25 SAR) in the last 24 hours. Last trading day, MEX's trading volume was ر.س 912,060.13.
Market cap
$0
24h volume
$197.80K
Circulating supply
0 MEX
Conversion tables
The exchange rate of xExchange is decreasing.1 MEX is currently valued at ر.س 0.{4}1305 SAR , which means buying 5 MEX will cost ر.س 0.{4}6523 SAR . Similarly, ر.س1 SAR can be traded for 76,652.29 MEX, and ر.س50 SAR can be converted to 3,832,614.34 MEX, excluding any platform or gas fees.
The exchange rate of 1 MEX to Saudi Riyal has changed by -29.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.30%, reaching a high of 0.{4}1329 SAR and a low of 0.{4}1282 SAR . One month ago, the value of 1 MEX was ر.س 0.{4}1619 SAR , which represents a -19.41% change from its current value. Over the last year, xExchange has changed by , resulting in a change of -67.21% in its value.
-ر.س
0.{4}2672SARMEX to SAR
Amount
18:11 today
0.5 MEX
ر.س0.{5}6523
1 MEX
ر.س0.{4}1305
5 MEX
ر.س0.{4}6523
10 MEX
ر.س0.0001305
50 MEX
ر.س0.0006523
100 MEX
ر.س0.001305
500 MEX
ر.س0.006523
1000 MEX
ر.س0.01305
SAR to MEX
Amount18:11 today
0.5SAR38,326.14 MEX
1SAR76,652.29 MEX
5SAR383,261.43 MEX
10SAR766,522.87 MEX
50SAR3,832,614.34 MEX
100SAR7,665,228.69 MEX
500SAR38,326,143.45 MEX
1000SAR76,652,286.89 MEX
Today vs. 24 hours ago
| Amount | 18:11 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MEX | $0.{5}1736 | $0.{5}1759 | -1.30% |
| 1 MEX | $0.{5}3473 | $0.{5}3519 | -1.30% |
| 5 MEX | $0.{4}1736 | $0.{4}1759 | -1.30% |
| 10 MEX | $0.{4}3473 | $0.{4}3519 | -1.30% |
| 50 MEX | $0.0001736 | $0.0001759 | -1.30% |
| 100 MEX | $0.0003473 | $0.0003519 | -1.30% |
| 500 MEX | $0.001736 | $0.001759 | -1.30% |
| 1000 MEX | $0.003473 | $0.003519 | -1.30% |
Today vs. 1 month ago
| Amount | 18:11 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MEX | $0.{5}1736 | $0.{5}2154 | -19.41% |
| 1 MEX | $0.{5}3473 | $0.{5}4309 | -19.41% |
| 5 MEX | $0.{4}1736 | $0.{4}2154 | -19.41% |
| 10 MEX | $0.{4}3473 | $0.{4}4309 | -19.41% |
| 50 MEX | $0.0001736 | $0.0002154 | -19.41% |
| 100 MEX | $0.0003473 | $0.0004309 | -19.41% |
| 500 MEX | $0.001736 | $0.002154 | -19.41% |
| 1000 MEX | $0.003473 | $0.004309 | -19.41% |
Today vs. 1 year ago
| Amount | 18:11 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MEX | $0.{5}1736 | $0.{5}5293 | -67.21% |
| 1 MEX | $0.{5}3473 | $0.{4}1059 | -67.21% |
| 5 MEX | $0.{4}1736 | $0.{4}5293 | -67.21% |
| 10 MEX | $0.{4}3473 | $0.0001059 | -67.21% |
| 50 MEX | $0.0001736 | $0.0005293 | -67.21% |
| 100 MEX | $0.0003473 | $0.001059 | -67.21% |
| 500 MEX | $0.001736 | $0.005293 | -67.21% |
| 1000 MEX | $0.003473 | $0.01059 | -67.21% |
xExchange price prediction
What will the price of MEX be in 2025?
Based on MEX's historical price performance prediction model, the price of MEX is projected to reach $0.{5}5110 in 2025.
What will the price of MEX be in 2030?
In 2030, the MEX price is expected to change by -17.00%. By the end of 2030, the MEX price is projected to reach $0.{5}9012, with a cumulative ROI of +151.76%.
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Popular xExchange conversions
Check out these popular currency conversions of xExchange to several fiat currencies.
xExchange to USD
1 MEX to $ 0.{5}3473 USD
xExchange to GBP
1 MEX to £ 0.{5}2776 GBP
xExchange to EUR
1 MEX to € 0.{5}3340 EUR
xExchange to KRW
1 MEX to ₩ 0.005043 KRW
xExchange to CAD
1 MEX to $ 0.{5}5005 CAD
xExchange to AUD
1 MEX to $ 0.{5}5575 AUD
xExchange to JPY
1 MEX to ¥ 0.0005460 JPY
xExchange to BRL
1 MEX to R$ 0.{4}2145 BRL
xExchange to CNY
1 MEX to ¥ 0.{4}2537 CNY
xExchange to TWD
1 MEX to NT$ 0.0001136 TWD
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1 BTC to ر.س 350,744.47 SAR
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1 AAVE to ر.س 1,327.62 SAR
Ethereum to SAR
1 ETH to ر.س 12,527.92 SAR
BNB to SAR
1 BNB to ر.س 2,562.51 SAR
Frax Share to SAR
1 FXS to ر.س 11.79 SAR
Hedera to SAR
1 HBAR to ر.س 1.01 SAR
Chainlink to SAR
1 LINK to ر.س 84.89 SAR
Algorand to SAR
1 ALGO to ر.س 1.33 SAR
QuarkChain to SAR
1 QKC to ر.س 0.04298 SAR
Virtuals Protocol to SAR
1 VIRTUAL to ر.س 10.14 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 xExchange 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 xExchange 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 xExchange 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.
