UMI
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 Umi Digital(UMI) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 UMI at a value of 1 UMI 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 Umi Digital currency pair is the UMI to SAR, with for Umi Digital's currency code being UMI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
UMI to SAR conversion rate trend
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In the past 1D, Umi Digital has changed -0.38% to SAR. Based on the trend and price charts, Umi Digital(UMI) has changed -0.38% to SAR while Saudi Riyal(SAR) has changed % to UMI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.{5}4002 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/02 08:35:36(UTC+0)
How to buy Umi Digital
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Buy Umi Digital (UMI)
Use a variety of payment options to buy Umi Digital on Bitget. We'll show you how.
Buy UMI (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of UMI with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy UMI 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 UMI (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of UMI to SAR. However, you can first exchange UMI 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 Umi Digital to Saudi Riyal?
Umi Digital to Saudi Riyal is falling this week.Umi Digital's current market price is ر.س 0.{5}4002 per UMI, with a total market cap of ر.س 0 SAR based on a circulating supply of -- UMI. The trading volume of Umi Digital has changed by -100.00% (ر.س -- SAR) in the last 24 hours. Last trading day, UMI's trading volume was ر.س --.
Market cap
$0
24h volume
$0
Circulating supply
0 UMI
Conversion tables
The exchange rate of Umi Digital is increasing.1 UMI is currently valued at ر.س 0.{5}4002 SAR , which means buying 5 UMI will cost ر.س 0.{4}2001 SAR . Similarly, ر.س1 SAR can be traded for 249,861.27 UMI, and ر.س50 SAR can be converted to 12,493,063.7 UMI, excluding any platform or gas fees.
The exchange rate of 1 UMI to Saudi Riyal has changed by -0.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.38%, reaching a high of 0.{5}8151 SAR and a low of 0.{5}3694 SAR . One month ago, the value of 1 UMI was ر.س 0.{5}2988 SAR , which represents a +34.83% change from its current value. Over the last year, Umi Digital has changed by , resulting in a change of +25.34% in its value.
+ر.س
0.{7}4192SARUMI to SAR
Amount
15:00 today
0.5 UMI
ر.س0.{5}2001
1 UMI
ر.س0.{5}4002
5 UMI
ر.س0.{4}2001
10 UMI
ر.س0.{4}4002
50 UMI
ر.س0.0002001
100 UMI
ر.س0.0004002
500 UMI
ر.س0.002001
1000 UMI
ر.س0.004002
SAR to UMI
Amount15:00 today
0.5SAR124,930.64 UMI
1SAR249,861.27 UMI
5SAR1,249,306.37 UMI
10SAR2,498,612.74 UMI
50SAR12,493,063.7 UMI
100SAR24,986,127.39 UMI
500SAR124,930,636.97 UMI
1000SAR249,861,273.94 UMI
Today vs. 24 hours ago
| Amount | 15:00 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UMI | $0.{6}5327 | $0.{6}5346 | -0.38% |
| 1 UMI | $0.{5}1065 | $0.{5}1069 | -0.38% |
| 5 UMI | $0.{5}5327 | $0.{5}5346 | -0.38% |
| 10 UMI | $0.{4}1065 | $0.{4}1069 | -0.38% |
| 50 UMI | $0.{4}5327 | $0.{4}5346 | -0.38% |
| 100 UMI | $0.0001065 | $0.0001069 | -0.38% |
| 500 UMI | $0.0005327 | $0.0005346 | -0.38% |
| 1000 UMI | $0.001065 | $0.001069 | -0.38% |
Today vs. 1 month ago
| Amount | 15:00 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UMI | $0.{6}5327 | $0.{6}3977 | +34.83% |
| 1 UMI | $0.{5}1065 | $0.{6}7955 | +34.83% |
| 5 UMI | $0.{5}5327 | $0.{5}3977 | +34.83% |
| 10 UMI | $0.{4}1065 | $0.{5}7955 | +34.83% |
| 50 UMI | $0.{4}5327 | $0.{4}3977 | +34.83% |
| 100 UMI | $0.0001065 | $0.{4}7955 | +34.83% |
| 500 UMI | $0.0005327 | $0.0003977 | +34.83% |
| 1000 UMI | $0.001065 | $0.0007955 | +34.83% |
Today vs. 1 year ago
| Amount | 15:00 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UMI | $0.{6}5327 | $0.{6}4271 | +25.34% |
| 1 UMI | $0.{5}1065 | $0.{6}8542 | +25.34% |
| 5 UMI | $0.{5}5327 | $0.{5}4271 | +25.34% |
| 10 UMI | $0.{4}1065 | $0.{5}8542 | +25.34% |
| 50 UMI | $0.{4}5327 | $0.{4}4271 | +25.34% |
| 100 UMI | $0.0001065 | $0.{4}8542 | +25.34% |
| 500 UMI | $0.0005327 | $0.0004271 | +25.34% |
| 1000 UMI | $0.001065 | $0.0008542 | +25.34% |
Umi Digital price prediction
What will the price of UMI be in 2025?
Based on UMI's historical price performance prediction model, the price of UMI is projected to reach $0.{6}7003 in 2025.
What will the price of UMI be in 2030?
In 2030, the UMI price is expected to change by +2.00%. By the end of 2030, the UMI price is projected to reach $0.{5}1599, with a cumulative ROI of +50.08%.
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Popular Umi Digital conversions
Check out these popular currency conversions of Umi Digital to several fiat currencies.
Umi Digital to USD
1 UMI to $ 0.{5}1065 USD
Umi Digital to GBP
1 UMI to £ 0.{6}8404 GBP
Umi Digital to EUR
1 UMI to € 0.{5}1014 EUR
Umi Digital to KRW
1 UMI to ₩ 0.001496 KRW
Umi Digital to CAD
1 UMI to $ 0.{5}1495 CAD
Umi Digital to AUD
1 UMI to $ 0.{5}1644 AUD
Umi Digital to JPY
1 UMI to ¥ 0.0001599 JPY
Umi Digital to BRL
1 UMI to R$ 0.{5}6420 BRL
Umi Digital to CNY
1 UMI to ¥ 0.{5}7753 CNY
Umi Digital to TWD
1 UMI to NT$ 0.{4}3473 TWD
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Explore other cryptocurrencies based on your interest in Umi Digital.
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1 XRP to ر.س 9.73 SAR
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1 XVG to ر.س 0.03579 SAR
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1 HBAR to ر.س 0.9808 SAR
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1 BABYBTC to ر.س -- SAR
Bitcoin to SAR
1 BTC to ر.س 361,609.84 SAR
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1 DDBAM to ر.س -- SAR
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1 SOL to ر.س 849.58 SAR
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1 ADA to ر.س 4.23 SAR
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1 AAVE to ر.س 858.4 SAR
Stellar to SAR
1 XLM to ر.س 2.02 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 Umi Digital 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 Umi Digital 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 Umi Digital 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.
