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VERUM to SAR Converter and calculator

VERUM/SAR: 1 VERUM = 5,914.72 SAR. The price of converting 1 Verum Coin (VERUM) to Saudi Riyal (SAR) is 5,914.72 SAR today.
VERUM
VERUM
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VERUM to SAR real-time exchange rates, making it easy to convert Verum Coin (VERUM) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 VERUM is currently valued at 5914.72 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VERUM is currently valued at 5914.72 SAR, which means buying 5 VERUM would cost 29573.62 SAR. Similarly, ر.س1 SAR can be converted to 0.0001691 VERUM, and ر.س50 SAR can be converted to 0.0008453 VERUM, excluding any platform or gas fees.

Convert VERUM to SAR

Convert SAR to VERUM

Verum Coin
Saudi Riyal
1 VERUM
5,914.72  SAR
2 VERUM
11,829.45  SAR
5 VERUM
29,573.62  SAR
10 VERUM
59,147.24  SAR
20 VERUM
118,294.47  SAR
50 VERUM
295,736.18  SAR
100 VERUM
591,472.37  SAR
200 VERUM
1,182,944.74  SAR
500 VERUM
2,957,361.85  SAR
1000 VERUM
5,914,723.69  SAR
5000 VERUM
29,573,618.47  SAR
10000 VERUM
59,147,236.93  SAR
In the table above, you'll find a comprehensive VERUM to SAR converter that shows the value of Verum Coin in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 VERUM to SAR, all the way up to 10000 VERUM, providing a clear view of their respective values.
Saudi Riyal
Verum Coin
In the table above, you'll find a comprehensive SAR to VERUM converter that shows the value of Saudi Riyal in Verum Coin across commonly used conversion amounts. The list covers conversions from 1 SAR to VERUM, all the way up to 100000 SAR, providing a clear view of their respective values.

VERUM to SAR chart

VERUM/SAR: 1 VERUM = 5,914.72 SAR; 2025/04/26 11:42:36
In the past 1D, Verum Coin has changed +5.10% to SAR. Based on the trend and price charts, Verum Coin(VERUM) has changed +5.10% to SAR while Saudi Riyal(SAR) has changed % to VERUM in the last 24 hours.
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VERUM to SAR conversion data: Volatility and price changes of Verum Coin in SAR

The highest Verum Coin price in SAR over the past 7 days was 5,926.45 SAR while the lowest Verum Coin price in SAR over the past 7 days was 3,946.1 SAR. The relative change between the highs and lows in Verum Coin price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and VERUM to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
5,926.45 SAR
5,926.45 SAR
5,937.36 SAR
12,790.17 SAR
Low
5,622.74 SAR
3,946.1 SAR
226.37 SAR
192.3 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+5.10%
+56.80%
+2497.29%
+75.29%

Verum Coin information

VERUM to SAR market statistics

VERUM/SAR:
ر.س5,914.72
VERUM 24h volume:
ر.س6,722,364.04
VERUM market cap:
--
VERUM circulating supply:
0 VERUM

Current VERUM to SAR exchange rate

Verum Coin to Saudi Riyal is rising this week.
Verum Coin's current market price is ر.س5,914.72 per VERUM, with a total market cap of ر.س0 SAR based on a circulating supply of -- VERUM. The trading volume of Verum Coin has changed by +5.81% (ر.س369,207.35 SAR) in the last 24 hours. Last trading day, VERUM's trading volume was ر.س6,353,156.69.

More info about Verum Coin on Bitget

Saudi Riyal 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 Verum Coin currency pair is the VERUM to SAR, with for Verum Coin's currency code being VERUM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert VERUM to SAR

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VERUM to SAR Conversion tables

The exchange rate of Verum Coin is increasing.
The exchange rate of 1 VERUM to Saudi Riyal has changed by +56.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.10%, reaching a high of 5,926.45 SAR and a low of 5,622.74 SAR . One month ago, the value of 1 VERUM was ر.س224.16 SAR , which represents a +2497.29% change from its current value. Over the last year, Verum Coin has changed by
+ر.س
1,476.48SAR
, resulting in a change of +756.44% in its value.
24 hours ago1 month ago1 year ago
Amount11:42 am today24 hours ago24h change
0.5 VERUMر.س2,957.36ر.س2,813.66
+5.10%
1 VERUMر.س5,914.72ر.س5,627.32
+5.10%
5 VERUMر.س29,573.62ر.س28,136.59
+5.10%
10 VERUMر.س59,147.24ر.س56,273.18
+5.10%
50 VERUMر.س295,736.18ر.س281,365.92
+5.10%
100 VERUMر.س591,472.37ر.س562,731.85
+5.10%
500 VERUMر.س2,957,361.85ر.س2,813,659.24
+5.10%
1000 VERUMر.س5,914,723.69ر.س5,627,318.48
+5.10%

VERUM to SAR FAQ

How much is 1 Verum Coin in SAR?
Right now, the price of 1 Verum Coin (VERUM) in Saudi Riyal (SAR) is ر.س5,914.72.
How much VERUM can I buy for 1 SAR?
Based on the current exchange rate, you can get 0.0001691 VERUM for 1 SAR.
How do I calculate or convert VERUM to SAR?
You can use our VERUM to SAR calculator at the top of this page to convert any amount of VERUM to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 0.0008453 VERUM, while 5 VERUM will cost around 29,573.62SAR.
What is the highest price of VERUM/SAR in history?
The all-time high price of 1 VERUM in SAR is ر.س12,790.17. It remains to be seen if the value of 1 VERUM/SAR will exceed the current all-time high.
What is the price trend of Verum Coin in SAR?
Over the past 7 days, the exchange rate of Verum Coin (VERUM) has gone up by 56.80%.   Over the last month, the exchange rate of Verum Coin (VERUM) has gone up by 2497.29% against Saudi Riyal (SAR).

What factors influence the conversion rate of VERUM to SAR?

There are many factors that affect the relationship between Verum Coin 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 VERUM/SAR. When there is positive news in the market about the widespread adoption of VERUM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VERUM/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VERUM/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.
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 VERUM/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 Verum Coin and adjust their investment strategies accordingly in the evolving market.

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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.