Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.78%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$86122.08 (+2.28%)Fear and Greed Index49(Neutral)
Total spot Bitcoin ETF netflow +$11.8M (1D); -$56.6M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.78%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$86122.08 (+2.28%)Fear and Greed Index49(Neutral)
Total spot Bitcoin ETF netflow +$11.8M (1D); -$56.6M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.78%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$86122.08 (+2.28%)Fear and Greed Index49(Neutral)
Total spot Bitcoin ETF netflow +$11.8M (1D); -$56.6M (7D).Coins listed in Pre-MarketPAWS,WCTWelcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
ELF
SAR
Last updated as of 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 aelf(ELF) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 ELF at a value of 1 ELF for 0.93 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 aelf currency pair is the ELF to SAR, with for aelf's currency code being ELF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
ELF to SAR conversion rate trend
1D7D1M3M1YAll
In the past 1D, aelf has changed +2.41% to SAR. Based on the trend and price charts, aelf(ELF) has changed +2.41% to SAR while Saudi Riyal(SAR) has changed % to ELF in the last 24 hours.
ELF to SAR market statistics
ELF/SAR:
ر.س 0.9297
ELF 24h volume:
ر.س 58,750,714.29
ELF market cap:
ر.س 687,330,907.31
ELF circulating supply:
739.28M ELF
More info about aelf on Bitget
Current ELF to SAR exchange rate
aelf to Saudi Riyal is falling this week.aelf's current market price is ر.س 0.9297 per ELF, with a total market cap of ر.س 687,330,907.31 SAR based on a circulating supply of 739,281,200 ELF. The trading volume of aelf has changed by +19.53% (ر.س 9,597,466.54 SAR) in the last 24 hours. Last trading day, ELF's trading volume was ر.س 49,153,247.74.
ELF to SAR Conversion tables
The exchange rate of aelf is decreasing.1 ELF is currently valued at ر.س 0.9297 SAR , which means buying 5 ELF will cost ر.س 4.65 SAR . Similarly, ر.س1 SAR can be traded for 1.08 ELF, and ر.س50 SAR can be converted to 53.78 ELF, excluding any platform or gas fees.
The exchange rate of 1 ELF to Saudi Riyal has changed by -7.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.41%, reaching a high of 0.9385 SAR and a low of 0.9049 SAR . One month ago, the value of 1 ELF was ر.س 1.07 SAR , which represents a -12.75% change from its current value. Over the last year, aelf has changed by , resulting in a change of -58.29% in its value.
-ر.س
1.3SARELF to SAR
Amount
14:52 today
0.5 ELF
ر.س0.4649
1 ELF
ر.س0.9297
5 ELF
ر.س4.65
10 ELF
ر.س9.3
50 ELF
ر.س46.49
100 ELF
ر.س92.97
500 ELF
ر.س464.86
1000 ELF
ر.س929.73
SAR to ELF
Amount14:52 today
0.5SAR0.5378 ELF
1SAR1.08 ELF
5SAR5.38 ELF
10SAR10.76 ELF
50SAR53.78 ELF
100SAR107.56 ELF
500SAR537.79 ELF
1000SAR1,075.58 ELF
ELF to SAR Today vs. 24 hours ago
| Amount | 14:52 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ELF | ر.س0.4649 | ر.س0.4539 | +2.41% |
| 1 ELF | ر.س0.9297 | ر.س0.9078 | +2.41% |
| 5 ELF | ر.س4.65 | ر.س4.54 | +2.41% |
| 10 ELF | ر.س9.3 | ر.س9.08 | +2.41% |
| 50 ELF | ر.س46.49 | ر.س45.39 | +2.41% |
| 100 ELF | ر.س92.97 | ر.س90.78 | +2.41% |
| 500 ELF | ر.س464.86 | ر.س453.91 | +2.41% |
| 1000 ELF | ر.س929.73 | ر.س907.83 | +2.41% |
ELF to SAR Today vs. 1 month ago
| Amount | 14:52 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ELF | ر.س0.4649 | ر.س0.5328 | -12.75% |
| 1 ELF | ر.س0.9297 | ر.س1.07 | -12.75% |
| 5 ELF | ر.س4.65 | ر.س5.33 | -12.75% |
| 10 ELF | ر.س9.3 | ر.س10.66 | -12.75% |
| 50 ELF | ر.س46.49 | ر.س53.28 | -12.75% |
| 100 ELF | ر.س92.97 | ر.س106.56 | -12.75% |
| 500 ELF | ر.س464.86 | ر.س532.81 | -12.75% |
| 1000 ELF | ر.س929.73 | ر.س1,065.63 | -12.75% |
ELF to SAR Today vs. 1 year ago
| Amount | 14:52 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ELF | ر.س0.4649 | ر.س1.11 | -58.29% |
| 1 ELF | ر.س0.9297 | ر.س2.23 | -58.29% |
| 5 ELF | ر.س4.65 | ر.س11.14 | -58.29% |
| 10 ELF | ر.س9.3 | ر.س22.29 | -58.29% |
| 50 ELF | ر.س46.49 | ر.س111.44 | -58.29% |
| 100 ELF | ر.س92.97 | ر.س222.88 | -58.29% |
| 500 ELF | ر.س464.86 | ر.س1,114.41 | -58.29% |
| 1000 ELF | ر.س929.73 | ر.س2,228.82 | -58.29% |
How to convert ELF to SAR
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.
Convert ELF to SAR
Use a variety of payment options to buy aelf on Bitget. We'll show you how.
Buy ELF (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of ELF with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy ELF with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell ELF (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of ELF to SAR. However, you can first exchange ELF 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 |
|---|
No matching ads found.
What factors influence the conversion rate of ELF to SAR?
There are many factors that affect the relationship between aelf 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 ELF/SAR. When there is positive news in the market about the widespread adoption of ELF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ELF/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ELF/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.
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 ELF/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 aelf and adjust their investment strategies accordingly in the evolving market.
aelf price prediction
What will the price of ELF be in 2026?
Based on ELF's historical price performance prediction model, the price of ELF is projected to reach $0.2979 in 2026.
What will the price of ELF be in 2031?
In 2031, the ELF price is expected to change by +4.00%. By the end of 2031, the ELF price is projected to reach $0.9980, with a cumulative ROI of +309.33%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular aelf Converter
Check out these popular currency conversions of aelf to several fiat currencies.
ELF to TWD
1 ELF to NT$ 8.18 TWD
ELF to CNY
1 ELF to ¥ 1.79 CNY
ELF to USD
1 ELF to $ 0.2479 USD
ELF to AUD
1 ELF to $ 0.3941 AUD
ELF to EUR
1 ELF to € 0.2287 EUR
ELF to CAD
1 ELF to $ 0.3560 CAD
ELF to SAR
1 ELF to ر.س 0.9297 SAR
ELF to KRW
1 ELF to ₩ 363.55 KRW
ELF to JPY
1 ELF to ¥ 36.89 JPY
ELF to GBP
1 ELF to £ 0.1912 GBP
ELF to BRL
1 ELF to R$ 1.41 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in aelf.
BTC to SAR
1 BTC to ر.س 323,292.34 SAR
XRP to SAR
1 XRP to ر.س 9.37 SAR
TUT to SAR
1 TUT to ر.س 0.1501 SAR
ETH to SAR
1 ETH to ر.س 7,507.21 SAR
ATN to SAR
1 ATN to ر.س 0.6513 SAR
SOL to SAR
1 SOL to ر.س 491.97 SAR
X to SAR
1 X to ر.س 0.0005485 SAR
KEKIUS to SAR
1 KEKIUS to ر.س 0.09512 SAR
.png)
BANANA to SAR
1 BANANA to ر.س 83.91 SAR
DOGE to SAR
1 DOGE to ر.س 0.6494 SAR
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 aelf 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 aelf 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 aelf 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.
