BAG
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 Bag(BAG) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 BAG at a value of 1 BAG for 0.01 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 Bag currency pair is the BAG to SAR, with for Bag's currency code being BAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
BAG to SAR conversion rate trend
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In the past 1D, Bag has changed +2.22% to SAR. Based on the trend and price charts, Bag(BAG) has changed +2.22% to SAR while Saudi Riyal(SAR) has changed % to BAG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.006396 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.س0.006054 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/08 21:00:15(UTC+0)
How to buy Bag
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Buy Bag (BAG)
Use a variety of payment options to buy Bag on Bitget. We'll show you how.
Buy BAG (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of BAG with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy BAG with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|---|---|---|---|
B BGUSER-4HBCA39L  79 trades｜Completion rate 98.00% | 3.79 SAR | Amount33.41 USDT Limit40 - 75 SAR |  | |
O OLIVE EXCHANGE 5 trades｜Completion rate 83.00% | 4.2 SAR | Amount973.65 USDT Limit500 - 7089.34 SAR |  | |
S Stc24 61 trades｜Completion rate 98.00% | 4.25 SAR | Amount150.09 USDT Limit100 - 880 SAR | | |
F FAST_EXCHANGE247 7 trades｜Completion rate 100.00% | 4.25 SAR | Amount945.88 USDT Limit39 - 4200 SAR | | |
B BGUSER-8R3KS4CF 53 trades｜Completion rate 100.00% | 4.26 SAR | Amount500.85 USDT Limit39 - 2172.6 SAR | |
Sell BAG (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of BAG to SAR. However, you can first exchange BAG for USDT in the Bitget spot market, and then sell USDT to SAR in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|---|---|---|---|
m mdrajaul 0 trades｜Completion rate 0.00% | 4.1 SAR | Amount1500 USDT Limit5000 - 5000 SAR |       | |
U Usman official . 266 trades｜Completion rate 94.00% | 3.96 SAR | Amount976 USDT Limit39 - 1500 SAR | | |
S Stc24 61 trades｜Completion rate 98.00% | 3.95 SAR | Amount500 USDT Limit200 - 499 SAR | | |
a abushahad 42 trades｜Completion rate 100.00% | 3.95 SAR | Amount144.4 USDT Limit300 - 600 SAR | | |
j jutt.Bit 1 trades｜Completion rate 100.00% | 3.95 SAR | Amount65 USDT Limit100 - 256.75 SAR | |
What factors influence the conversion rate of Bag to Saudi Riyal?
Bag to Saudi Riyal is falling this week.Bag's current market price is ر.س 0.006396 per BAG, with a total market cap of ر.س 22,163,282.2 SAR based on a circulating supply of 3,464,948,000 BAG. The trading volume of Bag has changed by +80.67% (ر.س 56,899.83 SAR) in the last 24 hours. Last trading day, BAG's trading volume was ر.س 70,538.
Market cap
$5.91M
24h volume
$33.98K
Circulating supply
3.46B BAG
Conversion tables
The exchange rate of Bag is decreasing.1 BAG is currently valued at ر.س 0.006396 SAR , which means buying 5 BAG will cost ر.س 0.03198 SAR . Similarly, ر.س1 SAR can be traded for 156.34 BAG, and ر.س50 SAR can be converted to 7,816.87 BAG, excluding any platform or gas fees.
The exchange rate of 1 BAG to Saudi Riyal has changed by -18.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.22%, reaching a high of 0.006882 SAR and a low of 0.005793 SAR . One month ago, the value of 1 BAG was ر.س 0.01278 SAR , which represents a -49.97% change from its current value. Over the last year, Bag has changed by , resulting in a change of --% in its value.
+ر.س
0.006396SARBAG to SAR
Amount
21:08 today
0.5 BAG
ر.س0.003198
1 BAG
ر.س0.006396
5 BAG
ر.س0.03198
10 BAG
ر.س0.06396
50 BAG
ر.س0.3198
100 BAG
ر.س0.6396
500 BAG
ر.س3.2
1000 BAG
ر.س6.4
SAR to BAG
Amount21:08 today
0.5SAR78.17 BAG
1SAR156.34 BAG
5SAR781.69 BAG
10SAR1,563.37 BAG
50SAR7,816.87 BAG
100SAR15,633.73 BAG
500SAR78,168.65 BAG
1000SAR156,337.31 BAG
Today vs. 24 hours ago
| Amount | 21:08 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAG | $0.0008527 | $0.0008341 | +2.22% |
| 1 BAG | $0.001705 | $0.001668 | +2.22% |
| 5 BAG | $0.008527 | $0.008341 | +2.22% |
| 10 BAG | $0.01705 | $0.01668 | +2.22% |
| 50 BAG | $0.08527 | $0.08341 | +2.22% |
| 100 BAG | $0.1705 | $0.1668 | +2.22% |
| 500 BAG | $0.8527 | $0.8341 | +2.22% |
| 1000 BAG | $1.71 | $1.67 | +2.22% |
Today vs. 1 month ago
| Amount | 21:08 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAG | $0.0008527 | $0.001704 | -49.97% |
| 1 BAG | $0.001705 | $0.003408 | -49.97% |
| 5 BAG | $0.008527 | $0.01704 | -49.97% |
| 10 BAG | $0.01705 | $0.03408 | -49.97% |
| 50 BAG | $0.08527 | $0.1704 | -49.97% |
| 100 BAG | $0.1705 | $0.3408 | -49.97% |
| 500 BAG | $0.8527 | $1.7 | -49.97% |
| 1000 BAG | $1.71 | $3.41 | -49.97% |
Today vs. 1 year ago
| Amount | 21:08 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAG | $0.0008527 | $0.00 | -- |
| 1 BAG | $0.001705 | $0.00 | -- |
| 5 BAG | $0.008527 | $0.00 | -- |
| 10 BAG | $0.01705 | $0.00 | -- |
| 50 BAG | $0.08527 | $0.00 | -- |
| 100 BAG | $0.1705 | $0.00 | -- |
| 500 BAG | $0.8527 | $0.00 | -- |
| 1000 BAG | $1.71 | $0.00 | -- |
Bag price prediction
What will the price of BAG be in 2025?
Based on BAG's historical price performance prediction model, the price of BAG is projected to reach $0.002897 in 2025.
What will the price of BAG be in 2030?
In 2030, the BAG price is expected to change by -7.00%. By the end of 2030, the BAG price is projected to reach $0.005411, with a cumulative ROI of +217.32%.
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Popular Bag conversions
Check out these popular currency conversions of Bag to several fiat currencies.
Bag to USD
1 BAG to $ 0.001705 USD
Bag to GBP
1 BAG to £ 0.001331 GBP
Bag to EUR
1 BAG to € 0.001576 EUR
Bag to KRW
1 BAG to ₩ 2.36 KRW
Bag to CAD
1 BAG to $ 0.002326 CAD
Bag to AUD
1 BAG to $ 0.002533 AUD
Bag to JPY
1 BAG to ¥ 0.2742 JPY
Bag to BRL
1 BAG to R$ 0.009342 BRL
Bag to CNY
1 BAG to ¥ 0.01242 CNY
Bag to TWD
1 BAG to NT$ 0.05538 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Bag.
Bitcoin to SAR
1 BTC to ر.س 210,968.96 SAR
Meme Cup to SAR
1 MEMECUP to ر.س -- SAR
Notcoin to SAR
1 NOT to ر.س 0.06044 SAR
Minu to SAR
1 MINU to ر.س 0.{6}8655 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}3485 SAR
LayerZero to SAR
1 ZRO to ر.س 14.2 SAR
ether.fi to SAR
1 ETHFI to ر.س 7.64 SAR
Klaytn to SAR
1 KLAY to ر.س 0.5399 SAR
Super Trump to SAR
1 STRUMP to ر.س 0.03031 SAR
Solana to SAR
1 SOL to ر.س 519.98 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 Bag 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 Bag 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 Bag 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.
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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.
