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Ignis to Saudi Riyal Converter and calculator

Convert 1Ignis (IGNIS) to Saudi Riyal (SAR) equals ر.س 0.01465 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ignis(IGNIS) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 IGNIS at a value of 1 IGNIS 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Ignis currency pair is the IGNIS to SAR, with for Ignis's currency code being IGNIS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

IGNIS to SAR conversion rate trend

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In the past 1D, Ignis has changed -34.49% to SAR. Based on the trend and price charts, Ignis(IGNIS) has changed -34.49% to SAR while Saudi Riyal(SAR) has changed % to IGNIS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.01465
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/09 20:44:57(UTC+0)

How to buy Ignis

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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 Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Ignis (IGNIS)
Use a variety of payment options to buy Ignis on Bitget. We'll show you how.

Buy IGNIS (or USDT) for SAR (Saudi Riyal) offers

Bitget P2P trading does not currently support direct buying of IGNIS with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy IGNIS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
B
BGUSER-4HBCA39LVerified Merchant
75 tradesCompletion rate 97.00%
3.79 SAR
Amount33.41 USDT
Limit40 - 75 SAR
STC PAY
Buy
S
Successful TraderVerified Merchant
37 tradesCompletion rate 97.00%
4.2 SAR
Amount25 USDT
Limit100 - 100 SAR
STC PAY
Buy
A
Abu HumzaVerified Merchant
48 tradesCompletion rate 100.00%
4.21 SAR
Amount184.96 USDT
Limit39 - 1028 SAR
STC PAY
Buy
U
Usman official .Verified Merchant
273 tradesCompletion rate 93.00%
4.21 SAR
Amount106.61 USDT
Limit39 - 948 SAR
STC PAYAl Rajhi BankUrpay
Buy
M
MGR24 🪙Verified Merchant
73 tradesCompletion rate 96.00%
4.24 SAR
Amount180.67 USDT
Limit39 - 766.04 SAR
Alinma Bank
Buy

Sell IGNIS (or USDT) for SAR (Saudi Riyal) offers

Bitget P2P trading currently does not support direct selling of IGNIS to SAR. However, you can first exchange IGNIS for USDT in the Bitget spot market, and then sell USDT to SAR in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
m
mdrajaulVerified Merchant
0 tradesCompletion rate 0.00%
4.1 SAR
Amount1500 USDT
Limit5000 - 5000 SAR
Saudi National Bank (AlAhli Bank)Al Rajhi BankAlinma BankThe Saudi British Bank (SABB)Riyad BankBank Albilad
Sell
S
Stc24Verified Merchant
58 tradesCompletion rate 98.00%
3.95 SAR
Amount400 USDT
Limit200 - 499 SAR
STC PAYUrpay
Sell
j
jutt.BitVerified Merchant
1 tradesCompletion rate 50.00%
3.95 SAR
Amount65 USDT
Limit100 - 256.75 SAR
STC PAYUrpay
Sell
a
abushahadVerified Merchant
42 tradesCompletion rate 100.00%
3.95 SAR
Amount144.4 USDT
Limit300 - 600 SAR
Riyad BankUrpay
Sell
B
BGUSER-KC722VBEVerified Merchant
133 tradesCompletion rate 99.00%
3.94 SAR
Amount1670 USDT
Limit39 - 6579.8 SAR
STC PAYAl Rajhi BankAlinma BankUrpay
Sell

What factors influence the conversion rate of Ignis to Saudi Riyal?

Ignis to Saudi Riyal is falling this week.
Ignis's current market price is ر.س 0.01465 per IGNIS, with a total market cap of ر.س 11,152,806.25 SAR based on a circulating supply of 761,143,940 IGNIS. The trading volume of Ignis has changed by -76.14% (ر.س -3,955.76 SAR) in the last 24 hours. Last trading day, IGNIS's trading volume was ر.س 5,195.72.
Market cap
$2.97M
24h volume
$330.63828182
Circulating supply
761.14M IGNIS

Conversion tables

The exchange rate of Ignis is decreasing.
1 IGNIS is currently valued at ر.س 0.01465 SAR , which means buying 5 IGNIS will cost ر.س 0.07326 SAR . Similarly, ر.س1 SAR can be traded for 68.25 IGNIS, and ر.س50 SAR can be converted to 3,412.34 IGNIS, excluding any platform or gas fees.
The exchange rate of 1 IGNIS to Saudi Riyal has changed by -6.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by -34.49%, reaching a high of 0.02249 SAR and a low of 0.01358 SAR . One month ago, the value of 1 IGNIS was ر.س 0.01696 SAR , which represents a -13.60% change from its current value. Over the last year, Ignis has changed by
+ر.س
0.002082SAR
, resulting in a change of +16.57% in its value.

IGNIS to SAR

Amount
20:44 today
0.5 IGNIS
ر.س0.007326
1 IGNIS
ر.س0.01465
5 IGNIS
ر.س0.07326
10 IGNIS
ر.س0.1465
50 IGNIS
ر.س0.7326
100 IGNIS
ر.س1.47
500 IGNIS
ر.س7.33
1000 IGNIS
ر.س14.65

SAR to IGNIS

Amount20:44 today
0.5SAR34.12  IGNIS
1SAR68.25  IGNIS
5SAR341.23  IGNIS
10SAR682.47  IGNIS
50SAR3,412.34  IGNIS
100SAR6,824.69  IGNIS
500SAR34,123.43  IGNIS
1000SAR68,246.85  IGNIS
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Today vs. 24 hours ago

Amount20:44 today24 hours ago24h change
0.5 IGNIS$0.001954$0.002982
-34.49%
1 IGNIS$0.003907$0.005963
-34.49%
5 IGNIS$0.01954$0.02982
-34.49%
10 IGNIS$0.03907$0.05963
-34.49%
50 IGNIS$0.1954$0.2982
-34.49%
100 IGNIS$0.3907$0.5963
-34.49%
500 IGNIS$1.95$2.98
-34.49%
1000 IGNIS$3.91$5.96
-34.49%

Today vs. 1 month ago

Amount20:44 today1 month ago1M change
0.5 IGNIS$0.001954$0.002261
-13.60%
1 IGNIS$0.003907$0.004522
-13.60%
5 IGNIS$0.01954$0.02261
-13.60%
10 IGNIS$0.03907$0.04522
-13.60%
50 IGNIS$0.1954$0.2261
-13.60%
100 IGNIS$0.3907$0.4522
-13.60%
500 IGNIS$1.95$2.26
-13.60%
1000 IGNIS$3.91$4.52
-13.60%
Buy Ignis for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount20:44 today1 year ago1Y change
0.5 IGNIS$0.001954$0.001676
+16.57%
1 IGNIS$0.003907$0.003352
+16.57%
5 IGNIS$0.01954$0.01676
+16.57%
10 IGNIS$0.03907$0.03352
+16.57%
50 IGNIS$0.1954$0.1676
+16.57%
100 IGNIS$0.3907$0.3352
+16.57%
500 IGNIS$1.95$1.68
+16.57%
1000 IGNIS$3.91$3.35
+16.57%

Ignis price prediction

What will the price of IGNIS be in 2025?

Based on IGNIS's historical price performance prediction model, the price of IGNIS is projected to reach $0.009113 in 2025.

What will the price of IGNIS be in 2030?

In 2030, the IGNIS price is expected to change by -19.00%. By the end of 2030, the IGNIS price is projected to reach $0.01285, with a cumulative ROI of +228.85%.
Buy Ignis for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
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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 Ignis 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 Ignis 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 Ignis 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.