BAX
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 BABB(BAX) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 BAX at a value of 1 BAX 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 BABB currency pair is the BAX to SAR, with for BABB's currency code being BAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
BAX to SAR conversion rate trend
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In the past 1D, BABB has changed -4.21% to SAR. Based on the trend and price charts, BABB(BAX) has changed -4.21% to SAR while Saudi Riyal(SAR) has changed % to BAX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.0003342 | 0.0200% / 0.0320%  VIP 7 | |
KuCoin | ر.س0.0003376 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/24 16:00:16(UTC+0)
How to buy BABB
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Buy BABB (BAX)
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Buy BAX (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of BAX with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy BAX 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 BAX (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of BAX to SAR. However, you can first exchange BAX 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 BABB to Saudi Riyal?
BABB to Saudi Riyal is rising this week.BABB's current market price is ر.س 0.0003347 per BAX, with a total market cap of ر.س 24,766,477.62 SAR based on a circulating supply of 73,999,980,000 BAX. The trading volume of BABB has changed by -44.10% (ر.س -326,908.11 SAR) in the last 24 hours. Last trading day, BAX's trading volume was ر.س 741,281.5.
Market cap
$6.60M
24h volume
$110.37K
Circulating supply
74.00B BAX
Conversion tables
The exchange rate of BABB is increasing.1 BAX is currently valued at ر.س 0.0003347 SAR , which means buying 5 BAX will cost ر.س 0.001673 SAR . Similarly, ر.س1 SAR can be traded for 2,987.91 BAX, and ر.س50 SAR can be converted to 149,395.46 BAX, excluding any platform or gas fees.
The exchange rate of 1 BAX to Saudi Riyal has changed by +11.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.21%, reaching a high of 0.0003578 SAR and a low of 0.0003283 SAR . One month ago, the value of 1 BAX was ر.س 0.0002269 SAR , which represents a +47.49% change from its current value. Over the last year, BABB has changed by , resulting in a change of -34.09% in its value.
-ر.س
0.0001731SARBAX to SAR
Amount
17:09 today
0.5 BAX
ر.س0.0001673
1 BAX
ر.س0.0003347
5 BAX
ر.س0.001673
10 BAX
ر.س0.003347
50 BAX
ر.س0.01673
100 BAX
ر.س0.03347
500 BAX
ر.س0.1673
1000 BAX
ر.س0.3347
SAR to BAX
Amount17:09 today
0.5SAR1,493.95 BAX
1SAR2,987.91 BAX
5SAR14,939.55 BAX
10SAR29,879.09 BAX
50SAR149,395.46 BAX
100SAR298,790.92 BAX
500SAR1,493,954.58 BAX
1000SAR2,987,909.16 BAX
Today vs. 24 hours ago
| Amount | 17:09 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAX | $0.{4}4457 | $0.{4}4653 | -4.21% |
| 1 BAX | $0.{4}8914 | $0.{4}9306 | -4.21% |
| 5 BAX | $0.0004457 | $0.0004653 | -4.21% |
| 10 BAX | $0.0008914 | $0.0009306 | -4.21% |
| 50 BAX | $0.004457 | $0.004653 | -4.21% |
| 100 BAX | $0.008914 | $0.009306 | -4.21% |
| 500 BAX | $0.04457 | $0.04653 | -4.21% |
| 1000 BAX | $0.08914 | $0.09306 | -4.21% |
Today vs. 1 month ago
| Amount | 17:09 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAX | $0.{4}4457 | $0.{4}3022 | +47.49% |
| 1 BAX | $0.{4}8914 | $0.{4}6044 | +47.49% |
| 5 BAX | $0.0004457 | $0.0003022 | +47.49% |
| 10 BAX | $0.0008914 | $0.0006044 | +47.49% |
| 50 BAX | $0.004457 | $0.003022 | +47.49% |
| 100 BAX | $0.008914 | $0.006044 | +47.49% |
| 500 BAX | $0.04457 | $0.03022 | +47.49% |
| 1000 BAX | $0.08914 | $0.06044 | +47.49% |
Today vs. 1 year ago
| Amount | 17:09 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAX | $0.{4}4457 | $0.{4}6763 | -34.09% |
| 1 BAX | $0.{4}8914 | $0.0001353 | -34.09% |
| 5 BAX | $0.0004457 | $0.0006763 | -34.09% |
| 10 BAX | $0.0008914 | $0.001353 | -34.09% |
| 50 BAX | $0.004457 | $0.006763 | -34.09% |
| 100 BAX | $0.008914 | $0.01353 | -34.09% |
| 500 BAX | $0.04457 | $0.06763 | -34.09% |
| 1000 BAX | $0.08914 | $0.1353 | -34.09% |
BABB price prediction
What will the price of BAX be in 2025?
Based on BAX's historical price performance prediction model, the price of BAX is projected to reach $0.0001255 in 2025.
What will the price of BAX be in 2030?
In 2030, the BAX price is expected to change by +4.00%. By the end of 2030, the BAX price is projected to reach $0.0002017, with a cumulative ROI of +84.48%.
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Popular BABB conversions
Check out these popular currency conversions of BABB to several fiat currencies.
BABB to USD
1 BAX to $ 0.{4}8914 USD
BABB to GBP
1 BAX to £ 0.{4}7114 GBP
BABB to EUR
1 BAX to € 0.{4}8556 EUR
BABB to KRW
1 BAX to ₩ 0.1252 KRW
BABB to CAD
1 BAX to $ 0.0001251 CAD
BABB to AUD
1 BAX to $ 0.0001371 AUD
BABB to JPY
1 BAX to ¥ 0.01380 JPY
BABB to BRL
1 BAX to R$ 0.0005171 BRL
BABB to CNY
1 BAX to ¥ 0.0006465 CNY
BABB to TWD
1 BAX to NT$ 0.002905 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in BABB.
Bitcoin to SAR
1 BTC to ر.س 362,045.43 SAR
MAD to SAR
1 MAD to ر.س 0.0001296 SAR
XRP to SAR
1 XRP to ر.س 5.08 SAR
Stellar to SAR
1 XLM to ر.س 1.8 SAR
Kusama to SAR
1 KSM to ر.س 148.57 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.56 SAR
Hedera to SAR
1 HBAR to ر.س 0.5293 SAR
Cardano to SAR
1 ADA to ر.س 3.66 SAR
Polkadot to SAR
1 DOT to ر.س 31.63 SAR
Solana to SAR
1 SOL to ر.س 927.29 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 BABB 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 BABB 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 BABB 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.
