REF
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 Ref Finance(REF) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 REF at a value of 1 REF for 0.81 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 Ref Finance currency pair is the REF to SAR, with for Ref Finance's currency code being REF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
REF to SAR conversion rate trend
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In the past 1D, Ref Finance has changed -4.90% to SAR. Based on the trend and price charts, Ref Finance(REF) has changed -4.90% to SAR while Saudi Riyal(SAR) has changed % to REF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.8055 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.س0.8017 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/03 20:00:17(UTC+0)
How to buy Ref 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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Ref Finance (REF)
Use a variety of payment options to buy Ref Finance on Bitget. We'll show you how.
Buy REF (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of REF with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy REF with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|---|---|---|---|
B BGUSER-4HBCA39L  88 trades｜Completion rate 88.00% | 3.79 SAR | Amount101.96 USDT Limit39 - 75.8 SAR |  | |
B BGUSER-8R3KS4CF 60 trades｜Completion rate 98.00% | 4.11 SAR | Amount32.1 USDT Limit39 - 411 SAR | | |
R ROYAL-TRAD 52 trades｜Completion rate 93.00% | 4.15 SAR | Amount288.13 USDT Limit39 - 1000 SAR |   | |
S Stc24 69 trades｜Completion rate 93.00% | 4.15 SAR | Amount300.97 USDT Limit100 - 1000 SAR | | |
B BGUSER-KC722VBE 78 trades｜Completion rate 90.00% | 4.16 SAR | Amount497.15 USDT Limit39 - 2068.14 SAR |   |
Sell REF (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of REF to SAR. However, you can first exchange REF 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 |
|---|---|---|---|---|
S Sojib uddin 74 229 trades｜Completion rate 93.00% | 3.95 SAR | Amount165 USDT Limit50 - 700 SAR | | |
U Usman official . 279 trades｜Completion rate 91.00% | 3.93 SAR | Amount647.81 USDT Limit39 - 1000 SAR | | |
H Hidayat ullah trader 154 trades｜Completion rate 90.00% | 3.92 SAR | Amount458.45 USDT Limit39 - 1000 SAR | | |
C CryptoTrader50 9 trades｜Completion rate 90.00% | 3.92 SAR | Amount933.67 USDT Limit100 - 3920 SAR | | |
B BGUSER-KC722VBE 78 trades｜Completion rate 90.00% | 3.9 SAR | Amount780.96 USDT Limit39 - 3166.8 SAR | |
What factors influence the conversion rate of Ref Finance to Saudi Riyal?
Ref Finance to Saudi Riyal is falling this week.Ref Finance's current market price is ر.س 0.8055 per REF, with a total market cap of ر.س 27,555,644.35 SAR based on a circulating supply of 34,211,284 REF. The trading volume of Ref Finance has changed by -9.85% (ر.س -31,590.18 SAR) in the last 24 hours. Last trading day, REF's trading volume was ر.س 320,780.92.
Market cap
$7.35M
24h volume
$77.09K
Circulating supply
34.21M REF
Conversion tables
The exchange rate of Ref Finance is decreasing.1 REF is currently valued at ر.س 0.8055 SAR , which means buying 5 REF will cost ر.س 4.03 SAR . Similarly, ر.س1 SAR can be traded for 1.24 REF, and ر.س50 SAR can be converted to 62.08 REF, excluding any platform or gas fees.
The exchange rate of 1 REF to Saudi Riyal has changed by -4.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.90%, reaching a high of 0.8515 SAR and a low of 0.8040 SAR . One month ago, the value of 1 REF was ر.س 1.17 SAR , which represents a -31.04% change from its current value. Over the last year, Ref Finance has changed by , resulting in a change of +149.39% in its value.
+ر.س
0.4823SARREF to SAR
Amount
20:20 today
0.5 REF
ر.س0.4027
1 REF
ر.س0.8055
5 REF
ر.س4.03
10 REF
ر.س8.05
50 REF
ر.س40.27
100 REF
ر.س80.55
500 REF
ر.س402.73
1000 REF
ر.س805.45
SAR to REF
Amount20:20 today
0.5SAR0.6208 REF
1SAR1.24 REF
5SAR6.21 REF
10SAR12.42 REF
50SAR62.08 REF
100SAR124.15 REF
500SAR620.77 REF
1000SAR1,241.53 REF
Today vs. 24 hours ago
| Amount | 20:20 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 REF | $0.1074 | $0.1129 | -4.90% |
| 1 REF | $0.2147 | $0.2258 | -4.90% |
| 5 REF | $1.07 | $1.13 | -4.90% |
| 10 REF | $2.15 | $2.26 | -4.90% |
| 50 REF | $10.74 | $11.29 | -4.90% |
| 100 REF | $21.47 | $22.58 | -4.90% |
| 500 REF | $107.36 | $112.89 | -4.90% |
| 1000 REF | $214.71 | $225.78 | -4.90% |
Today vs. 1 month ago
| Amount | 20:20 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 REF | $0.1074 | $0.1557 | -31.04% |
| 1 REF | $0.2147 | $0.3113 | -31.04% |
| 5 REF | $1.07 | $1.56 | -31.04% |
| 10 REF | $2.15 | $3.11 | -31.04% |
| 50 REF | $10.74 | $15.57 | -31.04% |
| 100 REF | $21.47 | $31.13 | -31.04% |
| 500 REF | $107.36 | $155.67 | -31.04% |
| 1000 REF | $214.71 | $311.34 | -31.04% |
Today vs. 1 year ago
| Amount | 20:20 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 REF | $0.1074 | $0.04307 | +149.39% |
| 1 REF | $0.2147 | $0.08613 | +149.39% |
| 5 REF | $1.07 | $0.4307 | +149.39% |
| 10 REF | $2.15 | $0.8613 | +149.39% |
| 50 REF | $10.74 | $4.31 | +149.39% |
| 100 REF | $21.47 | $8.61 | +149.39% |
| 500 REF | $107.36 | $43.07 | +149.39% |
| 1000 REF | $214.71 | $86.13 | +149.39% |
Ref Finance price prediction
What will the price of REF be in 2025?
Based on REF's historical price performance prediction model, the price of REF is projected to reach $0.2789 in 2025.
What will the price of REF be in 2030?
In 2030, the REF price is expected to change by -1.00%. By the end of 2030, the REF price is projected to reach $0.4716, with a cumulative ROI of +119.63%.
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Popular Ref Finance conversions
Check out these popular currency conversions of Ref Finance to several fiat currencies.
Ref Finance to USD
1 REF to $ 0.2147 USD
Ref Finance to GBP
1 REF to £ 0.1685 GBP
Ref Finance to EUR
1 REF to € 0.1991 EUR
Ref Finance to KRW
1 REF to ₩ 297.82 KRW
Ref Finance to CAD
1 REF to $ 0.2927 CAD
Ref Finance to AUD
1 REF to $ 0.3202 AUD
Ref Finance to JPY
1 REF to ¥ 34.72 JPY
Ref Finance to BRL
1 REF to R$ 1.19 BRL
Ref Finance to CNY
1 REF to ¥ 1.57 CNY
Ref Finance to TWD
1 REF to NT$ 7 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Ref Finance.
LayerZero to SAR
1 ZRO to ر.س 13.6 SAR
Gorilla to SAR
1 GORILLA to ر.س 0.01315 SAR
LandWolf (SOL) to SAR
1 WOLF to ر.س -- SAR
Bitcoin to SAR
1 BTC to ر.س 224,286.74 SAR
AMC to SAR
1 AMC to ر.س -- SAR
Toncoin to SAR
1 TON to ر.س 29.14 SAR
Solana to SAR
1 SOL to ر.س 527.36 SAR
Notcoin to SAR
1 NOT to ر.س 0.04767 SAR
Pendle to SAR
1 PENDLE to ر.س 14.84 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}3793 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 Ref 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 Ref 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 Ref 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.
