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PhoenixDAO to Saudi Riyal Converter and calculator

Convert 1PhoenixDAO (PHNX) to Saudi Riyal (SAR) equals ر.س 0.0004437 | Bitget
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SAR
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 PhoenixDAO(PHNX) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 PHNX at a value of 1 PHNX 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.

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

PHNX to SAR conversion rate trend

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In the past 1D, PhoenixDAO has changed +1.72% to SAR. Based on the trend and price charts, PhoenixDAO(PHNX) has changed +1.72% to SAR while Saudi Riyal(SAR) has changed % to PHNX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.0004437
0.0200% / 0.0320%vip-iconVIP 7
KuCoin
ر.س0.{4}5626
0.1000% / 0.1000%
Yes
Last updated 2024/03/08 01:00:30(UTC+0)

How to buy PhoenixDAO

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Buy PhoenixDAO (PHNX)
Use a variety of payment options to buy PhoenixDAO on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of PHNX with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy PHNX 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
Amount60.92 USDT
Limit40 - 75 SAR
STC PAY
Buy
O
OLIVE EXCHANGEVerified Merchant
6 tradesCompletion rate 86.00%
4.2 SAR
Amount949.84 USDT
Limit100 - 4089.33 SAR
Urpay
Buy
U
Usman official .Verified Merchant
275 tradesCompletion rate 94.00%
4.21 SAR
Amount56.9 USDT
Limit39 - 948 SAR
STC PAYAl Rajhi BankUrpay
Buy
R
ROYAL-TRAD Verified Merchant
126 tradesCompletion rate 98.00%
4.22 SAR
Amount84.43 USDT
Limit100 - 1045 SAR
Saudi National Bank (AlAhli Bank)The Saudi British Bank (SABB)Urpay
Buy
M
MGR24 🪙Verified Merchant
73 tradesCompletion rate 96.00%
4.24 SAR
Amount218.5 USDT
Limit39 - 926.44 SAR
Alinma Bank
Buy

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

Bitget P2P trading currently does not support direct selling of PHNX to SAR. However, you can first exchange PHNX 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
Successful TraderVerified Merchant
38 tradesCompletion rate 97.00%
4 SAR
Amount25 USDT
Limit100 - 100 SAR
STC PAY
Sell
S
Stc24Verified Merchant
58 tradesCompletion rate 98.00%
3.95 SAR
Amount400 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
B
BGUSER-KC722VBEVerified Merchant
134 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 PhoenixDAO to Saudi Riyal?

PhoenixDAO to Saudi Riyal is falling this week.
PhoenixDAO's current market price is ر.س 0.0004437 per PHNX, with a total market cap of ر.س 38,598.29 SAR based on a circulating supply of 87,000,000 PHNX. The trading volume of PhoenixDAO has changed by +1.68% (ر.س 0.5175 SAR) in the last 24 hours. Last trading day, PHNX's trading volume was ر.س 30.89.
Market cap
$10.29K
24h volume
$8.37354549
Circulating supply
87.00M PHNX

Conversion tables

The exchange rate of PhoenixDAO is decreasing.
1 PHNX is currently valued at ر.س 0.0004437 SAR , which means buying 5 PHNX will cost ر.س 0.002218 SAR . Similarly, ر.س1 SAR can be traded for 2,253.99 PHNX, and ر.س50 SAR can be converted to 112,699.29 PHNX, excluding any platform or gas fees.
The exchange rate of 1 PHNX to Saudi Riyal has changed by -4.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.72%, reaching a high of 0.0004456 SAR and a low of 0.0004354 SAR . One month ago, the value of 1 PHNX was ر.س 0.0005336 SAR , which represents a -16.86% change from its current value. Over the last year, PhoenixDAO has changed by
-ر.س
0.02365SAR
, resulting in a change of -98.16% in its value.

PHNX to SAR

Amount
03:32 am today
0.5 PHNX
ر.س0.0002218
1 PHNX
ر.س0.0004437
5 PHNX
ر.س0.002218
10 PHNX
ر.س0.004437
50 PHNX
ر.س0.02218
100 PHNX
ر.س0.04437
500 PHNX
ر.س0.2218
1000 PHNX
ر.س0.4437

SAR to PHNX

Amount03:32 am today
0.5SAR1,126.99  PHNX
1SAR2,253.99  PHNX
5SAR11,269.93  PHNX
10SAR22,539.86  PHNX
50SAR112,699.29  PHNX
100SAR225,398.58  PHNX
500SAR1,126,992.88  PHNX
1000SAR2,253,985.75  PHNX
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Today vs. 24 hours ago

Amount03:32 am today24 hours ago24h change
0.5 PHNX$0.{4}5914$0.{4}5814
+1.72%
1 PHNX$0.0001183$0.0001163
+1.72%
5 PHNX$0.0005914$0.0005814
+1.72%
10 PHNX$0.001183$0.001163
+1.72%
50 PHNX$0.005914$0.005814
+1.72%
100 PHNX$0.01183$0.01163
+1.72%
500 PHNX$0.05914$0.05814
+1.72%
1000 PHNX$0.1183$0.1163
+1.72%

Today vs. 1 month ago

Amount03:32 am today1 month ago1M change
0.5 PHNX$0.{4}5914$0.{4}7113
-16.86%
1 PHNX$0.0001183$0.0001423
-16.86%
5 PHNX$0.0005914$0.0007113
-16.86%
10 PHNX$0.001183$0.001423
-16.86%
50 PHNX$0.005914$0.007113
-16.86%
100 PHNX$0.01183$0.01423
-16.86%
500 PHNX$0.05914$0.07113
-16.86%
1000 PHNX$0.1183$0.1423
-16.86%
Buy PhoenixDAO for 1 SAR
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Today vs. 1 year ago

Amount03:32 am today1 year ago1Y change
0.5 PHNX$0.{4}5914$0.003212
-98.16%
1 PHNX$0.0001183$0.006424
-98.16%
5 PHNX$0.0005914$0.03212
-98.16%
10 PHNX$0.001183$0.06424
-98.16%
50 PHNX$0.005914$0.3212
-98.16%
100 PHNX$0.01183$0.6424
-98.16%
500 PHNX$0.05914$3.21
-98.16%
1000 PHNX$0.1183$6.42
-98.16%

PhoenixDAO price prediction

What will the price of PHNX be in 2025?

Based on PHNX's historical price performance prediction model, the price of PHNX is projected to reach $0.0005901 in 2025.

What will the price of PHNX be in 2030?

In 2030, the PHNX price is expected to change by +2.00%. By the end of 2030, the PHNX price is projected to reach $0.001036, with a cumulative ROI of +776.03%.
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Buy PhoenixDAO for 1 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 PhoenixDAO 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 PhoenixDAO 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 PhoenixDAO 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.