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WELA to SAR Converter and calculator

WELA/SAR: 1 WELA = 5.05 SAR. The price of converting 1 Wrapped Elastos (WELA) to Saudi Riyal (SAR) is 5.05 SAR today.
WELA
WELA
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides WELA to SAR real-time exchange rates, making it easy to convert Wrapped Elastos (WELA) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 WELA is currently valued at 5.05 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WELA is currently valued at 5.05 SAR, which means buying 5 WELA would cost 25.24 SAR. Similarly, ر.س1 SAR can be converted to 0.1981 WELA, and ر.س50 SAR can be converted to 0.9905 WELA, excluding any platform or gas fees.

Convert WELA to SAR

Convert SAR to WELA

Wrapped Elastos
Saudi Riyal
200 WELA
1,009.6  SAR
1000 WELA
5,047.99  SAR
5000 WELA
25,239.95  SAR
10000 WELA
50,479.9  SAR
In the table above, you'll find a comprehensive WELA to SAR converter that shows the value of Wrapped Elastos in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 WELA to SAR, all the way up to 10000 WELA, providing a clear view of their respective values.
Saudi Riyal
Wrapped Elastos
10000 SAR
1,980.99 WELA
50000 SAR
9,904.93 WELA
100000 SAR
19,809.86 WELA
In the table above, you'll find a comprehensive SAR to WELA converter that shows the value of Saudi Riyal in Wrapped Elastos across commonly used conversion amounts. The list covers conversions from 1 SAR to WELA, all the way up to 100000 SAR, providing a clear view of their respective values.

WELA to SAR chart

WELA/SAR: 1 WELA = 5.05 SAR; 2025/04/27 19:31:30
In the past 1D, Wrapped Elastos has changed -0.70% to SAR. Based on the trend and price charts, Wrapped Elastos(WELA) has changed -0.70% to SAR while Saudi Riyal(SAR) has changed % to WELA in the last 24 hours.
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WELA to SAR conversion data: Volatility and price changes of Wrapped Elastos in SAR

The highest Wrapped Elastos price in SAR over the past 7 days was 9.72 SAR while the lowest Wrapped Elastos price in SAR over the past 7 days was 9.06 SAR. The relative change between the highs and lows in Wrapped Elastos price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and WELA 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
9.16 SAR
9.72 SAR
11.63 SAR
22.74 SAR
Low
9.06 SAR
9.06 SAR
9.06 SAR
9.06 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-0.70%
-7.17%
-21.85%
-29.73%

Wrapped Elastos information

WELA to SAR market statistics

WELA/SAR:
ر.س5.05
WELA 24h volume:
ر.س707.21
WELA market cap:
ر.س1,972,615.06
WELA circulating supply:
390.77K WELA

Current WELA to SAR exchange rate

Wrapped Elastos to Saudi Riyal is falling this week.
Wrapped Elastos's current market price is ر.س5.05 per WELA, with a total market cap of ر.س1,972,615.06 SAR based on a circulating supply of 390,772.38 WELA. The trading volume of Wrapped Elastos has changed by 0.00% (ر.س0 SAR) in the last 24 hours. Last trading day, WELA's trading volume was ر.س707.21.

More info about Wrapped Elastos 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 Wrapped Elastos currency pair is the WELA to SAR, with for Wrapped Elastos's currency code being WELA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert WELA to SAR

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WELA to SAR Conversion tables

The exchange rate of Wrapped Elastos is decreasing.
The exchange rate of 1 WELA to Saudi Riyal has changed by -7.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.70%, reaching a high of 9.16 SAR and a low of 9.06 SAR . One month ago, the value of 1 WELA was ر.س7.58 SAR , which represents a -21.85% change from its current value. Over the last year, Wrapped Elastos has changed by
+ر.س
3.3SAR
, resulting in a change of +57.36% in its value.
24 hours ago1 month ago1 year ago
Amount19:31 today24 hours ago24h change
0.5 WELAر.س2.52ر.س2.56
-0.70%
1 WELAر.س5.05ر.س5.11
-0.70%
5 WELAر.س25.24ر.س25.56
-0.70%
10 WELAر.س50.48ر.س51.12
-0.70%
50 WELAر.س252.4ر.س255.58
-0.70%
100 WELAر.س504.8ر.س511.15
-0.70%
500 WELAر.س2,524ر.س2,555.77
-0.70%
1000 WELAر.س5,047.99ر.س5,111.54
-0.70%

WELA to SAR FAQ

How much is 1 Wrapped Elastos in SAR?
Right now, the price of 1 Wrapped Elastos (WELA) in Saudi Riyal (SAR) is ر.س5.05.
How much WELA can I buy for 1 SAR?
Based on the current exchange rate, you can get 0.1981 WELA for 1 SAR.
How do I calculate or convert WELA to SAR?
You can use our WELA to SAR calculator at the top of this page to convert any amount of WELA to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 0.9905 WELA, while 5 WELA will cost around 25.24SAR.
What is the highest price of WELA/SAR in history?
The all-time high price of 1 WELA in SAR is ر.س25.76. It remains to be seen if the value of 1 WELA/SAR will exceed the current all-time high.
What is the price trend of Wrapped Elastos in SAR?
Over the past 7 days, the exchange rate of Wrapped Elastos (WELA) has gone down by 7.17%.   Over the last month, the exchange rate of Wrapped Elastos (WELA) has gone down by 21.85% against Saudi Riyal (SAR).

What factors influence the conversion rate of WELA to SAR?

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

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