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RENEC to SAR Converter and calculator

RENEC/SAR: 1 RENEC = 0.4057 SAR. The price of converting 1 RENEC (RENEC) to Saudi Riyal (SAR) is 0.4057 SAR today.
RENEC
RENEC
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RENEC to SAR real-time exchange rates, making it easy to convert RENEC (RENEC) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 RENEC is currently valued at 0.4057 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RENEC is currently valued at 0.4057 SAR, which means buying 5 RENEC would cost 2.03 SAR. Similarly, ر.س1 SAR can be converted to 2.47 RENEC, and ر.س50 SAR can be converted to 12.33 RENEC, excluding any platform or gas fees.

Convert RENEC to SAR

Convert SAR to RENEC

RENEC
Saudi Riyal
500 RENEC
202.83  SAR
1000 RENEC
405.66  SAR
5000 RENEC
2,028.32  SAR
10000 RENEC
4,056.64  SAR
In the table above, you'll find a comprehensive RENEC to SAR converter that shows the value of RENEC in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 RENEC to SAR, all the way up to 10000 RENEC, providing a clear view of their respective values.
Saudi Riyal
RENEC
1000 SAR
2,465.09 RENEC
2000 SAR
4,930.19 RENEC
5000 SAR
12,325.47 RENEC
10000 SAR
24,650.94 RENEC
50000 SAR
123,254.71 RENEC
100000 SAR
246,509.42 RENEC
In the table above, you'll find a comprehensive SAR to RENEC converter that shows the value of Saudi Riyal in RENEC across commonly used conversion amounts. The list covers conversions from 1 SAR to RENEC, all the way up to 100000 SAR, providing a clear view of their respective values.

RENEC to SAR chart

RENEC/SAR: 1 RENEC = 0.4057 SAR; 2025/06/14 02:14:27
In the past 1D, RENEC has changed -2.58% to SAR. Based on the trend and price charts, RENEC(RENEC) has changed -2.58% to SAR while Saudi Riyal(SAR) has changed % to RENEC in the last 24 hours.
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RENEC to SAR conversion data: Volatility and price changes of RENEC in SAR

The highest RENEC price in SAR over the past 7 days was 0.4165 SAR while the lowest RENEC price in SAR over the past 7 days was 0.4055 SAR. The relative change between the highs and lows in RENEC price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and RENEC to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.4165 SAR
0.4165 SAR
0.4425 SAR
0.4910 SAR
Low
0.4055 SAR
0.4055 SAR
0.3980 SAR
0.3980 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-2.58%
-0.37%
-7.35%
-12.58%

RENEC information

RENEC to SAR market statistics

RENEC/SAR:
ر.س0.4057
RENEC 24h volume:
--
RENEC market cap:
ر.س14,561,312.32
RENEC circulating supply:
35.90M RENEC

Current RENEC to SAR exchange rate

RENEC to Saudi Riyal is falling this week.
RENEC's current market price is ر.س0.4057 per RENEC, with a total market cap of ر.س14,561,312.32 SAR based on a circulating supply of 35,895,004 RENEC. The trading volume of RENEC has changed by 0.00% (ر.س0 SAR) in the last 24 hours. Last trading day, RENEC's trading volume was ر.س0.

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

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How to convert RENEC to SAR

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RENEC to SAR Conversion tables

The exchange rate of RENEC is decreasing.
The exchange rate of 1 RENEC to Saudi Riyal has changed by -0.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.58%, reaching a high of 0.4165 SAR and a low of 0.4055 SAR . One month ago, the value of 1 RENEC was ر.س0.4379 SAR , which represents a -7.35% change from its current value. Over the last year, RENEC has changed by
-ر.س
0.5896SAR
, resulting in a change of -59.24% in its value.
24 hours ago1 month ago1 year ago
Amount 02:14 am today 24 hours ago 24h change
0.5 RENEC
ر.س0.2028ر.س0.2082
-2.58%
1 RENEC
ر.س0.4057ر.س0.4164
-2.58%
5 RENEC
ر.س2.03ر.س2.08
-2.58%
10 RENEC
ر.س4.06ر.س4.16
-2.58%
50 RENEC
ر.س20.28ر.س20.82
-2.58%
100 RENEC
ر.س40.57ر.س41.64
-2.58%
500 RENEC
ر.س202.83ر.س208.21
-2.58%
1000 RENEC
ر.س405.66ر.س416.42
-2.58%

RENEC to SAR FAQ

How much is 1 RENEC in SAR?
Right now, the price of 1 RENEC (RENEC) in Saudi Riyal (SAR) is ر.س0.4057.
How much RENEC can I buy for 1 SAR?
Based on the current exchange rate, you can get 2.47 RENEC for 1 SAR.
How do I calculate or convert RENEC to SAR?
You can use our RENEC to SAR calculator at the top of this page to convert any amount of RENEC to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 12.33 RENEC, while 5 RENEC will cost around 2.03SAR.
What is the highest price of RENEC/SAR in history?
The all-time high price of 1 RENEC in SAR is ر.س5.54. It remains to be seen if the value of 1 RENEC/SAR will exceed the current all-time high.
What is the price trend of RENEC in SAR?
Over the past 7 days, the exchange rate of RENEC (RENEC) has gone down by 0.37%.   Over the last month, the exchange rate of RENEC (RENEC) has gone down by 7.35% against Saudi Riyal (SAR).

What factors influence the conversion rate of RENEC to SAR?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular RENEC currency pairs: RENEC to US Dollar (USD), RENEC to Euro (EUR), RENEC to Pound Sterling (GBP), RENEC to Canadian Dollar (CAD), RENEC to Indian Rupee (INR), RENEC to Pakistani Rupee (PKR), RENEC to Brazilian Real (BRL), RENEC to…
The price of RENEC in the US is $0.1081 USD. Additionally, RENEC’s price is €0.09357 EUR in the eurozone, £0.07966 GBP in the UK, C$0.1469 CAD in Canada, ₹9.31 INR in India, ₨30.58 PKR in Pakistan, R$0.5997 BRL in Brazil, and more.
The most popular RENEC currency pair is the RENEC to Saudi Riyal(SAR). The price of 1 RENEC (RENEC) in Saudi Riyal (SAR) is ر.س0.4057.

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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.