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Kommunitas to Saudi Riyal Converter and calculator

Convert 1Kommunitas (KOM) to Saudi Riyal (SAR) equals ر.س 0.005644 | 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 Kommunitas(KOM) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 KOM at a value of 1 KOM 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 Kommunitas currency pair is the KOM to SAR, with for Kommunitas's currency code being KOM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

KOM to SAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Kommunitas has changed +2.58% to SAR. Based on the trend and price charts, Kommunitas(KOM) has changed +2.58% to SAR while Saudi Riyal(SAR) has changed % to KOM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.005644
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/08 19:23:03(UTC+0)

How to buy Kommunitas

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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 Kommunitas (KOM)
Use a variety of payment options to buy Kommunitas on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of KOM with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy KOM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
B
BGUSER-4HBCA39LVerified Merchant
79 tradesCompletion rate 98.00%
3.79 SAR
Amount33.41 USDT
Limit40 - 75 SAR
STC PAY
Buy
S
Stc24Verified Merchant
60 tradesCompletion rate 98.00%
4.25 SAR
Amount208.91 USDT
Limit100 - 880 SAR
STC PAYUrpay
Buy
F
FAST_EXCHANGE247Verified Merchant
6 tradesCompletion rate 100.00%
4.25 SAR
Amount1000 USDT
Limit39 - 4200 SAR
Urpay
Buy
B
BGUSER-8R3KS4CFVerified Merchant
53 tradesCompletion rate 100.00%
4.26 SAR
Amount510 USDT
Limit39 - 2172.6 SAR
STC PAY
Buy
a
asifshahzdVerified Merchant
105 tradesCompletion rate 100.00%
4.27 SAR
Amount235 USDT
Limit39 - 1054.69 SAR
STC PAYSaudi National Bank (AlAhli Bank)Alinma BankUrpay
Buy

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

Bitget P2P trading currently does not support direct selling of KOM to SAR. However, you can first exchange KOM 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
H
Hidayat ullah traderVerified Merchant
188 tradesCompletion rate 95.00%
3.95 SAR
Amount385.45 USDT
Limit39 - 499 SAR
STC PAY
Sell
S
Stc24Verified Merchant
60 tradesCompletion rate 98.00%
3.95 SAR
Amount500 USDT
Limit200 - 499 SAR
STC PAYUrpay
Sell
a
abushahadVerified Merchant
42 tradesCompletion rate 100.00%
3.95 SAR
Amount144.4 USDT
Limit300 - 600 SAR
Riyad BankUrpay
Sell
j
jutt.BitVerified Merchant
1 tradesCompletion rate 100.00%
3.95 SAR
Amount65 USDT
Limit100 - 256.75 SAR
STC PAYUrpay
Sell

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

Kommunitas to Saudi Riyal is falling this week.
Kommunitas's current market price is ر.س 0.005644 per KOM, with a total market cap of ر.س 7,329,549.78 SAR based on a circulating supply of 1,298,529,500 KOM. The trading volume of Kommunitas has changed by -1.45% (ر.س -21,885.38 SAR) in the last 24 hours. Last trading day, KOM's trading volume was ر.س 1,513,930.65.
Market cap
$1.95M
24h volume
$397.78K
Circulating supply
1.30B KOM

Conversion tables

The exchange rate of Kommunitas is decreasing.
1 KOM is currently valued at ر.س 0.005644 SAR , which means buying 5 KOM will cost ر.س 0.02822 SAR . Similarly, ر.س1 SAR can be traded for 177.16 KOM, and ر.س50 SAR can be converted to 8,858.18 KOM, excluding any platform or gas fees.
The exchange rate of 1 KOM to Saudi Riyal has changed by -12.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.58%, reaching a high of 0.005815 SAR and a low of 0.005385 SAR . One month ago, the value of 1 KOM was ر.س 0.007020 SAR , which represents a -19.60% change from its current value. Over the last year, Kommunitas has changed by
+ر.س
0.002870SAR
, resulting in a change of +103.47% in its value.

KOM to SAR

Amount
19:23 today
0.5 KOM
ر.س0.002822
1 KOM
ر.س0.005644
5 KOM
ر.س0.02822
10 KOM
ر.س0.05644
50 KOM
ر.س0.2822
100 KOM
ر.س0.5644
500 KOM
ر.س2.82
1000 KOM
ر.س5.64

SAR to KOM

Amount19:23 today
0.5SAR88.58  KOM
1SAR177.16  KOM
5SAR885.82  KOM
10SAR1,771.64  KOM
50SAR8,858.18  KOM
100SAR17,716.36  KOM
500SAR88,581.81  KOM
1000SAR177,163.62  KOM
Buy Kommunitas for 1 SAR
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Today vs. 24 hours ago

Amount19:23 today24 hours ago24h change
0.5 KOM$0.0007524$0.0007335
+2.58%
1 KOM$0.001505$0.001467
+2.58%
5 KOM$0.007524$0.007335
+2.58%
10 KOM$0.01505$0.01467
+2.58%
50 KOM$0.07524$0.07335
+2.58%
100 KOM$0.1505$0.1467
+2.58%
500 KOM$0.7524$0.7335
+2.58%
1000 KOM$1.5$1.47
+2.58%

Today vs. 1 month ago

Amount19:23 today1 month ago1M change
0.5 KOM$0.0007524$0.0009358
-19.60%
1 KOM$0.001505$0.001872
-19.60%
5 KOM$0.007524$0.009358
-19.60%
10 KOM$0.01505$0.01872
-19.60%
50 KOM$0.07524$0.09358
-19.60%
100 KOM$0.1505$0.1872
-19.60%
500 KOM$0.7524$0.9358
-19.60%
1000 KOM$1.5$1.87
-19.60%
Buy Kommunitas for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount19:23 today1 year ago1Y change
0.5 KOM$0.0007524$0.0003699
+103.47%
1 KOM$0.001505$0.0007397
+103.47%
5 KOM$0.007524$0.003699
+103.47%
10 KOM$0.01505$0.007397
+103.47%
50 KOM$0.07524$0.03699
+103.47%
100 KOM$0.1505$0.07397
+103.47%
500 KOM$0.7524$0.3699
+103.47%
1000 KOM$1.5$0.7397
+103.47%

Kommunitas price prediction

What will the price of KOM be in 2025?

Based on KOM's historical price performance prediction model, the price of KOM is projected to reach $0.002085 in 2025.

What will the price of KOM be in 2030?

In 2030, the KOM price is expected to change by -9.00%. By the end of 2030, the KOM price is projected to reach $0.002985, with a cumulative ROI of +98.35%.
Buy Kommunitas 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 Kommunitas 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 Kommunitas 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 Kommunitas 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.