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SHIB
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 Shiba Inu(SHIB) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 SHIB at a value of 1 SHIB 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 Shiba Inu currency pair is the SHIB to SAR, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
SHIB to SAR conversion rate trend
1D7D1M3M1YAll
In the past 1D, Shiba Inu has changed +3.77% to SAR. Based on the trend and price charts, Shiba Inu(SHIB) has changed +3.77% to SAR while Saudi Riyal(SAR) has changed % to SHIB in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.{4}9112 | 0.0200% / 0.0320%  VIP 7 | |
Binance | ر.س0.{4}9149 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | ر.س0.{4}9123 | 0.1000% / 0.1000% | Yes |
Kraken | ر.س0.{4}9168 | 0.1000% / 0.1000% | Yes |
OKX | ر.س0.{4}9142 | 0.080% / 0.100% | Yes |
Huobi | ر.س0.{4}9142 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.س0.{4}9142 | 0.1000% / 0.1000% | Yes |
Bybit | ر.س0.{4}9112 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س0.{4}9146 | 0.1000% / 0.1000% | Yes |
Bitfinex | ر.س0.{4}9097 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 16:00:21(UTC+0)
How to buy Shiba Inu
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Learn MoreBuy SHIB (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of SHIB with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy SHIB with USDT via Bitget spot market.
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Sell SHIB (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of SHIB to SAR. However, you can first exchange SHIB 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 Shiba Inu to Saudi Riyal?
Shiba Inu to Saudi Riyal is rising this week.Shiba Inu's current market price is ر.س 0.{4}9335 per SHIB, with a total market cap of ر.س 55,005,451,882.21 SAR based on a circulating supply of 589,260,450,000,000 SHIB. The trading volume of Shiba Inu has changed by +11.81% (ر.س 523,259,039.3 SAR) in the last 24 hours. Last trading day, SHIB's trading volume was ر.س 4,432,407,810.93.
Market cap
$14.65B
24h volume
$1.32B
Circulating supply
589.26T SHIB
Conversion tables
The exchange rate of Shiba Inu is increasing.1 SHIB is currently valued at ر.س 0.{4}9335 SAR , which means buying 5 SHIB will cost ر.س 0.0004667 SAR . Similarly, ر.س1 SAR can be traded for 10,712.76 SHIB, and ر.س50 SAR can be converted to 535,638.23 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Saudi Riyal has changed by +5.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.77%, reaching a high of 0.{4}9524 SAR and a low of 0.{4}8676 SAR . One month ago, the value of 1 SHIB was ر.س 0.{4}6811 SAR , which represents a +37.04% change from its current value. Over the last year, Shiba Inu has changed by , resulting in a change of +207.06% in its value.
+ر.س
0.{4}6296SARSHIB to SAR
Amount
00:10 am today
0.5 SHIB
ر.س0.{4}4667
1 SHIB
ر.س0.{4}9335
5 SHIB
ر.س0.0004667
10 SHIB
ر.س0.0009335
50 SHIB
ر.س0.004667
100 SHIB
ر.س0.009335
500 SHIB
ر.س0.04667
1000 SHIB
ر.س0.09335
SAR to SHIB
Amount00:10 am today
0.5SAR5,356.38 SHIB
1SAR10,712.76 SHIB
5SAR53,563.82 SHIB
10SAR107,127.65 SHIB
50SAR535,638.23 SHIB
100SAR1,071,276.46 SHIB
500SAR5,356,382.3 SHIB
1000SAR10,712,764.6 SHIB
Today vs. 24 hours ago
| Amount | 00:10 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SHIB | $0.{4}1243 | $0.{4}1198 | +3.77% |
| 1 SHIB | $0.{4}2486 | $0.{4}2396 | +3.77% |
| 5 SHIB | $0.0001243 | $0.0001198 | +3.77% |
| 10 SHIB | $0.0002486 | $0.0002396 | +3.77% |
| 50 SHIB | $0.001243 | $0.001198 | +3.77% |
| 100 SHIB | $0.002486 | $0.002396 | +3.77% |
| 500 SHIB | $0.01243 | $0.01198 | +3.77% |
| 1000 SHIB | $0.02486 | $0.02396 | +3.77% |
Today vs. 1 month ago
| Amount | 00:10 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SHIB | $0.{4}1243 | $0.{5}9071 | +37.04% |
| 1 SHIB | $0.{4}2486 | $0.{4}1814 | +37.04% |
| 5 SHIB | $0.0001243 | $0.{4}9071 | +37.04% |
| 10 SHIB | $0.0002486 | $0.0001814 | +37.04% |
| 50 SHIB | $0.001243 | $0.0009071 | +37.04% |
| 100 SHIB | $0.002486 | $0.001814 | +37.04% |
| 500 SHIB | $0.01243 | $0.009071 | +37.04% |
| 1000 SHIB | $0.02486 | $0.01814 | +37.04% |
Today vs. 1 year ago
| Amount | 00:10 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SHIB | $0.{4}1243 | $0.{5}4046 | +207.06% |
| 1 SHIB | $0.{4}2486 | $0.{5}8092 | +207.06% |
| 5 SHIB | $0.0001243 | $0.{4}4046 | +207.06% |
| 10 SHIB | $0.0002486 | $0.{4}8092 | +207.06% |
| 50 SHIB | $0.001243 | $0.0004046 | +207.06% |
| 100 SHIB | $0.002486 | $0.0008092 | +207.06% |
| 500 SHIB | $0.01243 | $0.004046 | +207.06% |
| 1000 SHIB | $0.02486 | $0.008092 | +207.06% |
Shiba Inu price prediction
What will the price of SHIB be in 2025?
Based on SHIB's historical price performance prediction model, the price of SHIB is projected to reach $0.{4}2943 in 2025.
What will the price of SHIB be in 2030?
In 2030, the SHIB price is expected to change by +10.00%. By the end of 2030, the SHIB price is projected to reach $0.{4}6657, with a cumulative ROI of +170.50%.
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Popular Shiba Inu conversions
Check out these popular currency conversions of Shiba Inu to several fiat currencies.
Shiba Inu to USD
1 SHIB to $ 0.{4}2486 USD
Shiba Inu to GBP
1 SHIB to £ 0.{4}1974 GBP
Shiba Inu to EUR
1 SHIB to € 0.{4}2374 EUR
Shiba Inu to KRW
1 SHIB to ₩ 0.03485 KRW
Shiba Inu to CAD
1 SHIB to $ 0.{4}3474 CAD
Shiba Inu to AUD
1 SHIB to $ 0.{4}3816 AUD
Shiba Inu to JPY
1 SHIB to ¥ 0.003841 JPY
Shiba Inu to BRL
1 SHIB to R$ 0.0001446 BRL
Shiba Inu to CNY
1 SHIB to ¥ 0.0001802 CNY
Shiba Inu to TWD
1 SHIB to NT$ 0.0008096 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Shiba Inu.
MAD to SAR
1 MAD to ر.س -- SAR
XRP to SAR
1 XRP to ر.س 4.8 SAR
EGO to SAR
1 EGO to ر.س 0.07602 SAR
Sharpe AI to SAR
1 SAI to ر.س 0.1391 SAR
Solana to SAR
1 SOL to ر.س 964.55 SAR
Bitcoin to SAR
1 BTC to ر.س 369,776.15 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.46 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}7752 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 5.09 SAR
Sui to SAR
1 SUI to ر.س 13.6 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 Shiba Inu 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 Shiba Inu 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 Shiba Inu 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.
