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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.68%
BTC/USDT$76811.01 (-7.99%)Fear and Greed Index23(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome 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 share62.68%
BTC/USDT$76811.01 (-7.99%)Fear and Greed Index23(Extreme fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketBABY,PAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
WMATIC
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 Wrapped Matic(WMATIC) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 WMATIC at a value of 1 WMATIC for 0.62 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 Wrapped Matic currency pair is the WMATIC to SAR, with for Wrapped Matic's currency code being WMATIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
WMATIC to SAR conversion rate trend
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In the past 1D, Wrapped Matic has changed +0.46% to SAR. Based on the trend and price charts, Wrapped Matic(WMATIC) has changed +0.46% to SAR while Saudi Riyal(SAR) has changed % to WMATIC in the last 24 hours.
WMATIC to SAR market statistics
WMATIC/SAR:
ر.س 0.6202
WMATIC 24h volume:
ر.س 29,646,704.77
WMATIC market cap:
ر.س 119,296,588.43
WMATIC circulating supply:
192.34M WMATIC
More info about Wrapped Matic on Bitget
Current WMATIC to SAR exchange rate
Wrapped Matic to Saudi Riyal is falling this week.Wrapped Matic's current market price is ر.س 0.6202 per WMATIC, with a total market cap of ر.س 119,296,588.43 SAR based on a circulating supply of 192,343,150 WMATIC. The trading volume of Wrapped Matic has changed by +112.20% (ر.س 15,675,320.42 SAR) in the last 24 hours. Last trading day, WMATIC's trading volume was ر.س 13,971,384.35.
WMATIC to SAR Conversion tables
The exchange rate of Wrapped Matic is decreasing.1 WMATIC is currently valued at ر.س 0.6202 SAR , which means buying 5 WMATIC will cost ر.س 3.1 SAR . Similarly, ر.س1 SAR can be traded for 1.61 WMATIC, and ر.س50 SAR can be converted to 80.62 WMATIC, excluding any platform or gas fees.
The exchange rate of 1 WMATIC to Saudi Riyal has changed by -5.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.46%, reaching a high of 2.23 SAR and a low of 2.15 SAR . One month ago, the value of 1 WMATIC was ر.س 1.26 SAR , which represents a -22.81% change from its current value. Over the last year, Wrapped Matic has changed by , resulting in a change of -12.90% in its value.
-ر.س
0.3192SARWMATIC to SAR
Amount
05:53 am today
0.5 WMATIC
ر.س0.3101
1 WMATIC
ر.س0.6202
5 WMATIC
ر.س3.1
10 WMATIC
ر.س6.2
50 WMATIC
ر.س31.01
100 WMATIC
ر.س62.02
500 WMATIC
ر.س310.11
1000 WMATIC
ر.س620.23
SAR to WMATIC
Amount05:53 am today
0.5SAR0.8062 WMATIC
1SAR1.61 WMATIC
5SAR8.06 WMATIC
10SAR16.12 WMATIC
50SAR80.62 WMATIC
100SAR161.23 WMATIC
500SAR806.16 WMATIC
1000SAR1,612.31 WMATIC
WMATIC to SAR Today vs. 24 hours ago
| Amount | 05:53 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 WMATIC | ر.س0.3101 | ر.س0.3052 | +0.46% |
| 1 WMATIC | ر.س0.6202 | ر.س0.6104 | +0.46% |
| 5 WMATIC | ر.س3.1 | ر.س3.05 | +0.46% |
| 10 WMATIC | ر.س6.2 | ر.س6.1 | +0.46% |
| 50 WMATIC | ر.س31.01 | ر.س30.52 | +0.46% |
| 100 WMATIC | ر.س62.02 | ر.س61.04 | +0.46% |
| 500 WMATIC | ر.س310.11 | ر.س305.19 | +0.46% |
| 1000 WMATIC | ر.س620.23 | ر.س610.37 | +0.46% |
WMATIC to SAR Today vs. 1 month ago
| Amount | 05:53 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 WMATIC | ر.س0.3101 | ر.س0.6286 | -22.81% |
| 1 WMATIC | ر.س0.6202 | ر.س1.26 | -22.81% |
| 5 WMATIC | ر.س3.1 | ر.س6.29 | -22.81% |
| 10 WMATIC | ر.س6.2 | ر.س12.57 | -22.81% |
| 50 WMATIC | ر.س31.01 | ر.س62.86 | -22.81% |
| 100 WMATIC | ر.س62.02 | ر.س125.73 | -22.81% |
| 500 WMATIC | ر.س310.11 | ر.س628.64 | -22.81% |
| 1000 WMATIC | ر.س620.23 | ر.س1,257.27 | -22.81% |
WMATIC to SAR Today vs. 1 year ago
| Amount | 05:53 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 WMATIC | ر.س0.3101 | ر.س0.4697 | -12.90% |
| 1 WMATIC | ر.س0.6202 | ر.س0.9394 | -12.90% |
| 5 WMATIC | ر.س3.1 | ر.س4.7 | -12.90% |
| 10 WMATIC | ر.س6.2 | ر.س9.39 | -12.90% |
| 50 WMATIC | ر.س31.01 | ر.س46.97 | -12.90% |
| 100 WMATIC | ر.س62.02 | ر.س93.94 | -12.90% |
| 500 WMATIC | ر.س310.11 | ر.س469.72 | -12.90% |
| 1000 WMATIC | ر.س620.23 | ر.س939.44 | -12.90% |
How to convert WMATIC to SAR
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert WMATIC to SAR
Use a variety of payment options to buy Wrapped Matic on Bitget. We'll show you how.
Buy WMATIC (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of WMATIC with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy WMATIC 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 WMATIC (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of WMATIC to SAR. However, you can first exchange WMATIC 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 WMATIC to SAR?
There are many factors that affect the relationship between Wrapped Matic 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 WMATIC/SAR. When there is positive news in the market about the widespread adoption of WMATIC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of WMATIC/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in WMATIC/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 WMATIC/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 Matic and adjust their investment strategies accordingly in the evolving market.
Wrapped Matic price prediction
What will the price of WMATIC be in 2026?
Based on WMATIC's historical price performance prediction model, the price of WMATIC is projected to reach $0.2093 in 2026.
What will the price of WMATIC be in 2031?
In 2031, the WMATIC price is expected to change by +6.00%. By the end of 2031, the WMATIC price is projected to reach $0.2914, with a cumulative ROI of +70.36%.
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Popular Wrapped Matic Converter
Check out these popular currency conversions of Wrapped Matic to several fiat currencies.
WMATIC to TWD
1 WMATIC to NT$ 5.47 TWD
WMATIC to CNY
1 WMATIC to ¥ 1.21 CNY
WMATIC to USD
1 WMATIC to $ 0.1653 USD
WMATIC to EUR
1 WMATIC to € 0.1505 EUR
WMATIC to CAD
1 WMATIC to $ 0.2349 CAD
WMATIC to SAR
1 WMATIC to ر.س 0.6202 SAR
WMATIC to KRW
1 WMATIC to ₩ 241.91 KRW
WMATIC to JPY
1 WMATIC to ¥ 24.13 JPY
WMATIC to GBP
1 WMATIC to £ 0.1281 GBP
WMATIC to BRL
1 WMATIC to R$ 0.9703 BRL
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Wrapped Matic.
BTC to SAR
1 BTC to ر.س 288,599.22 SAR
ETH to SAR
1 ETH to ر.س 5,786.73 SAR
XRP to SAR
1 XRP to ر.س 6.64 SAR
SOL to SAR
1 SOL to ر.س 381.5 SAR
DOGE to SAR
1 DOGE to ر.س 0.5304 SAR
ADA to SAR
1 ADA to ر.س 2.07 SAR
TRUMP to SAR
1 TRUMP to ر.س 29.07 SAR
BNB to SAR
1 BNB to ر.س 2,049.02 SAR
SUI to SAR
1 SUI to ر.س 7.01 SAR
LINK to SAR
1 LINK to ر.س 41.14 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 Wrapped Matic 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 Wrapped Matic 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 Wrapped Matic 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.
