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Bitget: Ranked top 4 in global daily trading volume!
BTC market share60.60%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$87485.00 (-0.15%)Fear and Greed Index46(Neutral)
Total spot Bitcoin ETF netflow +$84.2M (1D); +$769.3M (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 share60.60%
New listings on Bitget:Pi Network
Altcoin season index:0(Bitcoin season)
BTC/USDT$87485.00 (-0.15%)Fear and Greed Index46(Neutral)
Total spot Bitcoin ETF netflow +$84.2M (1D); +$769.3M (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
PRIME
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 Echelon Prime(PRIME) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 PRIME at a value of 1 PRIME for 15.53 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 Echelon Prime currency pair is the PRIME to SAR, with for Echelon Prime's currency code being PRIME. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
PRIME to SAR conversion rate trend
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In the past 1D, Echelon Prime has changed +1.07% to SAR. Based on the trend and price charts, Echelon Prime(PRIME) has changed +1.07% to SAR while Saudi Riyal(SAR) has changed % to PRIME in the last 24 hours.
PRIME to SAR market statistics
PRIME/SAR:
ر.س 15.53
PRIME 24h volume:
ر.س 35,401,126.8
PRIME market cap:
ر.س 555,577,832.95
PRIME circulating supply:
35.77M PRIME
More info about Echelon Prime on Bitget
Current PRIME to SAR exchange rate
Echelon Prime to Saudi Riyal is falling this week.Echelon Prime's current market price is ر.س 15.53 per PRIME, with a total market cap of ر.س 555,577,832.95 SAR based on a circulating supply of 35,773,840 PRIME. The trading volume of Echelon Prime has changed by +19.78% (ر.س 5,846,028.08 SAR) in the last 24 hours. Last trading day, PRIME's trading volume was ر.س 29,555,098.72.
PRIME to SAR Conversion tables
The exchange rate of Echelon Prime is decreasing.1 PRIME is currently valued at ر.س 15.53 SAR , which means buying 5 PRIME will cost ر.س 77.65 SAR . Similarly, ر.س1 SAR can be traded for 0.06439 PRIME, and ر.س50 SAR can be converted to 3.22 PRIME, excluding any platform or gas fees.
The exchange rate of 1 PRIME to Saudi Riyal has changed by -6.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.07%, reaching a high of 17.23 SAR and a low of 14.88 SAR . One month ago, the value of 1 PRIME was ر.س 19.92 SAR , which represents a -22.28% change from its current value. Over the last year, Echelon Prime has changed by , resulting in a change of -82.29% in its value.
-ر.س
71.1SARPRIME to SAR
Amount
22:42 today
0.5 PRIME
ر.س7.77
1 PRIME
ر.س15.53
5 PRIME
ر.س77.65
10 PRIME
ر.س155.3
50 PRIME
ر.س776.51
100 PRIME
ر.س1,553.03
500 PRIME
ر.س7,765.14
1000 PRIME
ر.س15,530.28
SAR to PRIME
Amount22:42 today
0.5SAR0.03220 PRIME
1SAR0.06439 PRIME
5SAR0.3220 PRIME
10SAR0.6439 PRIME
50SAR3.22 PRIME
100SAR6.44 PRIME
500SAR32.2 PRIME
1000SAR64.39 PRIME
PRIME to SAR Today vs. 24 hours ago
| Amount | 22:42 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PRIME | ر.س7.77 | ر.س7.68 | +1.07% |
| 1 PRIME | ر.س15.53 | ر.س15.37 | +1.07% |
| 5 PRIME | ر.س77.65 | ر.س76.84 | +1.07% |
| 10 PRIME | ر.س155.3 | ر.س153.69 | +1.07% |
| 50 PRIME | ر.س776.51 | ر.س768.45 | +1.07% |
| 100 PRIME | ر.س1,553.03 | ر.س1,536.89 | +1.07% |
| 500 PRIME | ر.س7,765.14 | ر.س7,684.45 | +1.07% |
| 1000 PRIME | ر.س15,530.28 | ر.س15,368.9 | +1.07% |
PRIME to SAR Today vs. 1 month ago
| Amount | 22:42 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PRIME | ر.س7.77 | ر.س9.96 | -22.28% |
| 1 PRIME | ر.س15.53 | ر.س19.92 | -22.28% |
| 5 PRIME | ر.س77.65 | ر.س99.58 | -22.28% |
| 10 PRIME | ر.س155.3 | ر.س199.16 | -22.28% |
| 50 PRIME | ر.س776.51 | ر.س995.81 | -22.28% |
| 100 PRIME | ر.س1,553.03 | ر.س1,991.62 | -22.28% |
| 500 PRIME | ر.س7,765.14 | ر.س9,958.08 | -22.28% |
| 1000 PRIME | ر.س15,530.28 | ر.س19,916.17 | -22.28% |
PRIME to SAR Today vs. 1 year ago
| Amount | 22:42 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PRIME | ر.س7.77 | ر.س43.31 | -82.29% |
| 1 PRIME | ر.س15.53 | ر.س86.63 | -82.29% |
| 5 PRIME | ر.س77.65 | ر.س433.13 | -82.29% |
| 10 PRIME | ر.س155.3 | ر.س866.26 | -82.29% |
| 50 PRIME | ر.س776.51 | ر.س4,331.3 | -82.29% |
| 100 PRIME | ر.س1,553.03 | ر.س8,662.6 | -82.29% |
| 500 PRIME | ر.س7,765.14 | ر.س43,313 | -82.29% |
| 1000 PRIME | ر.س15,530.28 | ر.س86,626 | -82.29% |
How to convert PRIME to SAR
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Convert PRIME to SAR
Use a variety of payment options to buy Echelon Prime on Bitget. We'll show you how.
Learn MoreBuy PRIME (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of PRIME with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy PRIME with USDT via Bitget spot market.
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Sell PRIME (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of PRIME to SAR. However, you can first exchange PRIME for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of PRIME to SAR?
There are many factors that affect the relationship between Echelon Prime 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 PRIME/SAR. When there is positive news in the market about the widespread adoption of PRIME or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRIME/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRIME/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 PRIME/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 Echelon Prime and adjust their investment strategies accordingly in the evolving market.
Echelon Prime price prediction
What will the price of PRIME be in 2026?
Based on PRIME's historical price performance prediction model, the price of PRIME is projected to reach $5.69 in 2026.
What will the price of PRIME be in 2031?
In 2031, the PRIME price is expected to change by +42.00%. By the end of 2031, the PRIME price is projected to reach $10.63, with a cumulative ROI of +150.13%.
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Popular Echelon Prime Converter
Check out these popular currency conversions of Echelon Prime to several fiat currencies.
PRIME to TWD
1 PRIME to NT$ 136.94 TWD
PRIME to CNY
1 PRIME to ¥ 30.06 CNY
PRIME to USD
1 PRIME to $ 4.14 USD
PRIME to EUR
1 PRIME to € 3.84 EUR
PRIME to CAD
1 PRIME to $ 5.91 CAD
PRIME to SAR
1 PRIME to ر.س 15.53 SAR
PRIME to KRW
1 PRIME to ₩ 6,059.92 KRW
PRIME to JPY
1 PRIME to ¥ 620.64 JPY
PRIME to GBP
1 PRIME to £ 3.2 GBP
PRIME to BRL
1 PRIME to R$ 23.63 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Echelon Prime.
BNB to SAR
1 BNB to ر.س 2,358.98 SAR
FORM to SAR
1 FORM to ر.س 8.96 SAR
TOKEN to SAR
1 TOKEN to ر.س 0.06748 SAR
CHEEMS to SAR
1 CHEEMS to ر.س 0.{5}7694 SAR
LINA to SAR
1 LINA to ر.س 0.002501 SAR
THE to SAR
1 THE to ر.س 1.42 SAR
SOLV to SAR
1 SOLV to ر.س 0.1341 SAR
HFT to SAR
1 HFT to ر.س 0.2961 SAR
COMBO to SAR
1 COMBO to ر.س 0.3287 SAR
VELO to SAR
1 VELO to ر.س 0.05170 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 Echelon Prime 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 Echelon Prime 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 Echelon Prime 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.
