INV
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 Inverse Finance(INV) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 INV at a value of 1 INV for 100.05 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 Inverse Finance currency pair is the INV to SAR, with for Inverse Finance's currency code being INV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
INV to SAR conversion rate trend
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In the past 1D, Inverse Finance has changed -2.89% to SAR. Based on the trend and price charts, Inverse Finance(INV) has changed -2.89% to SAR while Saudi Riyal(SAR) has changed % to INV in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س100.05 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.س100.34 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/08 16:00:16(UTC+0)
How to buy Inverse Finance
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Inverse Finance (INV)
Use a variety of payment options to buy Inverse Finance on Bitget. We'll show you how.
Buy INV (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of INV with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy INV with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|---|---|---|---|
M MGR24 🪙  68 trades｜Completion rate 93.00% | 3.24 SAR | Amount281.82 USDT Limit39 - 913.09 SAR |  | |
B BGUSER-4HBCA39L 81 trades｜Completion rate 86.00% | 3.79 SAR | Amount33.41 USDT Limit40 - 75 SAR |  | |
F FAST_EXCHANGE247 6 trades｜Completion rate 100.00% | 4.25 SAR | Amount1000 USDT Limit39 - 4200 SAR |  | |
R ROYAL-TRAD 103 trades｜Completion rate 96.00% | 4.26 SAR | Amount79.59 USDT Limit39 - 1499 SAR |   | |
a asifshahzd 106 trades｜Completion rate 95.00% | 4.27 SAR | Amount247 USDT Limit39 - 1054.69 SAR | |
Sell INV (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of INV to SAR. However, you can first exchange INV 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 |    | |
S Stc24 60 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 | | |
H Hidayat ullah trader 171 trades｜Completion rate 88.00% | 3.93 SAR | Amount385.45 USDT Limit39 - 499 SAR | |
What factors influence the conversion rate of Inverse Finance to Saudi Riyal?
Inverse Finance to Saudi Riyal is falling this week.Inverse Finance's current market price is ر.س 100.05 per INV, with a total market cap of ر.س 56,194,381.56 SAR based on a circulating supply of 561,680.7 INV. The trading volume of Inverse Finance has changed by +78.90% (ر.س 318,082.45 SAR) in the last 24 hours. Last trading day, INV's trading volume was ر.س 403,147.86.
Market cap
$14.98M
24h volume
$192.28K
Circulating supply
561.68K INV
Conversion tables
The exchange rate of Inverse Finance is decreasing.1 INV is currently valued at ر.س 100.05 SAR , which means buying 5 INV will cost ر.س 500.23 SAR . Similarly, ر.س1 SAR can be traded for 0.009995 INV, and ر.س50 SAR can be converted to 0.4998 INV, excluding any platform or gas fees.
The exchange rate of 1 INV to Saudi Riyal has changed by -12.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.89%, reaching a high of 103.42 SAR and a low of 97.27 SAR . One month ago, the value of 1 INV was ر.س 145.97 SAR , which represents a -31.47% change from its current value. Over the last year, Inverse Finance has changed by , resulting in a change of -36.11% in its value.
-ر.س
56.52SARINV to SAR
Amount
16:56 today
0.5 INV
ر.س50.02
1 INV
ر.س100.05
5 INV
ر.س500.23
10 INV
ر.س1,000.47
50 INV
ر.س5,002.34
100 INV
ر.س10,004.68
500 INV
ر.س50,023.42
1000 INV
ر.س100,046.84
SAR to INV
Amount16:56 today
0.5SAR0.004998 INV
1SAR0.009995 INV
5SAR0.04998 INV
10SAR0.09995 INV
50SAR0.4998 INV
100SAR0.9995 INV
500SAR5 INV
1000SAR10 INV
Today vs. 24 hours ago
| Amount | 16:56 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 INV | $13.34 | $13.73 | -2.89% |
| 1 INV | $26.67 | $27.47 | -2.89% |
| 5 INV | $133.36 | $137.34 | -2.89% |
| 10 INV | $266.73 | $274.67 | -2.89% |
| 50 INV | $1,333.64 | $1,373.36 | -2.89% |
| 100 INV | $2,667.28 | $2,746.71 | -2.89% |
| 500 INV | $13,336.38 | $13,733.56 | -2.89% |
| 1000 INV | $26,672.76 | $27,467.11 | -2.89% |
Today vs. 1 month ago
| Amount | 16:56 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 INV | $13.34 | $19.46 | -31.47% |
| 1 INV | $26.67 | $38.92 | -31.47% |
| 5 INV | $133.36 | $194.58 | -31.47% |
| 10 INV | $266.73 | $389.17 | -31.47% |
| 50 INV | $1,333.64 | $1,945.85 | -31.47% |
| 100 INV | $2,667.28 | $3,891.7 | -31.47% |
| 500 INV | $13,336.38 | $19,458.49 | -31.47% |
| 1000 INV | $26,672.76 | $38,916.98 | -31.47% |
Today vs. 1 year ago
| Amount | 16:56 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 INV | $13.34 | $20.87 | -36.11% |
| 1 INV | $26.67 | $41.74 | -36.11% |
| 5 INV | $133.36 | $208.7 | -36.11% |
| 10 INV | $266.73 | $417.41 | -36.11% |
| 50 INV | $1,333.64 | $2,087.03 | -36.11% |
| 100 INV | $2,667.28 | $4,174.07 | -36.11% |
| 500 INV | $13,336.38 | $20,870.33 | -36.11% |
| 1000 INV | $26,672.76 | $41,740.67 | -36.11% |
Inverse Finance price prediction
What will the price of INV be in 2025?
Based on INV's historical price performance prediction model, the price of INV is projected to reach $31.81 in 2025.
What will the price of INV be in 2030?
In 2030, the INV price is expected to change by -10.00%. By the end of 2030, the INV price is projected to reach $67.22, with a cumulative ROI of +152.00%.
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Popular Inverse Finance conversions
Check out these popular currency conversions of Inverse Finance to several fiat currencies.
Inverse Finance to USD
1 INV to $ 26.67 USD
Inverse Finance to GBP
1 INV to £ 20.8 GBP
Inverse Finance to EUR
1 INV to € 24.62 EUR
Inverse Finance to KRW
1 INV to ₩ 36,883.62 KRW
Inverse Finance to CAD
1 INV to $ 36.36 CAD
Inverse Finance to AUD
1 INV to $ 39.57 AUD
Inverse Finance to JPY
1 INV to ¥ 4,288.47 JPY
Inverse Finance to BRL
1 INV to R$ 145.73 BRL
Inverse Finance to CNY
1 INV to ¥ 194.18 CNY
Inverse Finance to TWD
1 INV to NT$ 866.13 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Inverse Finance.
Bitcoin to SAR
1 BTC to ر.س 209,624.35 SAR
Meme Cup to SAR
1 MEMECUP to ر.س -- SAR
Notcoin to SAR
1 NOT to ر.س 0.06148 SAR
Minu to SAR
1 MINU to ر.س 0.{6}8696 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}3336 SAR
LayerZero to SAR
1 ZRO to ر.س 14.18 SAR
ether.fi to SAR
1 ETHFI to ر.س 7.76 SAR
Klaytn to SAR
1 KLAY to ر.س 0.5388 SAR
Super Trump to SAR
1 STRUMP to ر.س 0.03111 SAR
Solana to SAR
1 SOL to ر.س 513.2 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 Inverse Finance 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 Inverse Finance 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 Inverse Finance 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.
