SPA
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 Sperax(SPA) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 SPA at a value of 1 SPA for 0.02 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 Sperax currency pair is the SPA to SAR, with for Sperax's currency code being SPA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
SPA to SAR conversion rate trend
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In the past 1D, Sperax has changed -10.21% to SAR. Based on the trend and price charts, Sperax(SPA) has changed -10.21% to SAR while Saudi Riyal(SAR) has changed % to SPA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.02463 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ر.س0.02483 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.س0.02457 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س0.02452 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/05 13:00:25(UTC+0)
How to buy Sperax
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Buy Sperax (SPA)
Use a variety of payment options to buy Sperax on Bitget. We'll show you how.
Buy SPA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of SPA with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy SPA with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|---|---|---|---|
B BGUSER-4HBCA39L  87 trades｜Completion rate 88.00% | 3.79 SAR | Amount53.2 USDT Limit40 - 75 SAR |  | |
J Jpaul 7 trades｜Completion rate 100.00% | 4.1 SAR | Amount485.47 USDT Limit1000 - 1990.42 SAR |  | |
C CryptoTrader50 11 trades｜Completion rate 85.00% | 4.19 SAR | Amount22.07 USDT Limit39 - 92.47 SAR | | |
S Stc24 71 trades｜Completion rate 93.00% | 4.29 SAR | Amount474.98 USDT Limit100 - 1000 SAR | | |
P Princesecret 129 trades｜Completion rate 96.00% | 4.3 SAR | Amount571.74 USDT Limit150 - 3504.5 SAR |  |
Sell SPA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of SPA to SAR. However, you can first exchange SPA 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 |
|---|---|---|---|---|
H Hidayat ullah trader 151 trades｜Completion rate 89.00% | 3.97 SAR | Amount405.45 USDT Limit39 - 1000 SAR | | |
S Stc24 71 trades｜Completion rate 93.00% | 3.97 SAR | Amount500 USDT Limit200 - 499 SAR | | |
S Sojib uddin 74 245 trades｜Completion rate 94.00% | 3.97 SAR | Amount463.14 USDT Limit50 - 1500 SAR |  | |
P P2P Trader$ 22 trades｜Completion rate 81.00% | 3.96 SAR | Amount89 USDT Limit60 - 350 SAR |     | |
U Usman official . 292 trades｜Completion rate 90.00% | 3.96 SAR | Amount970 USDT Limit39 - 2000 SAR | |
What factors influence the conversion rate of Sperax to Saudi Riyal?
Sperax to Saudi Riyal is falling this week.Sperax's current market price is ر.س 0.02463 per SPA, with a total market cap of ر.س 41,661,931.74 SAR based on a circulating supply of 1,691,656,100 SPA. The trading volume of Sperax has changed by +77.15% (ر.س 1,700,309.75 SAR) in the last 24 hours. Last trading day, SPA's trading volume was ر.س 2,203,861.17.
Market cap
$11.11M
24h volume
$1.04M
Circulating supply
1.69B SPA
Conversion tables
The exchange rate of Sperax is decreasing.1 SPA is currently valued at ر.س 0.02463 SAR , which means buying 5 SPA will cost ر.س 0.1231 SAR . Similarly, ر.س1 SAR can be traded for 40.6 SPA, and ر.س50 SAR can be converted to 2,030.22 SPA, excluding any platform or gas fees.
The exchange rate of 1 SPA to Saudi Riyal has changed by -19.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.21%, reaching a high of 0.02731 SAR and a low of 0.02265 SAR . One month ago, the value of 1 SPA was ر.س 0.04540 SAR , which represents a -45.78% change from its current value. Over the last year, Sperax has changed by , resulting in a change of +17.00% in its value.
+ر.س
0.003574SARSPA to SAR
Amount
13:20 today
0.5 SPA
ر.س0.01231
1 SPA
ر.س0.02463
5 SPA
ر.س0.1231
10 SPA
ر.س0.2463
50 SPA
ر.س1.23
100 SPA
ر.س2.46
500 SPA
ر.س12.31
1000 SPA
ر.س24.63
SAR to SPA
Amount13:20 today
0.5SAR20.3 SPA
1SAR40.6 SPA
5SAR203.02 SPA
10SAR406.04 SPA
50SAR2,030.22 SPA
100SAR4,060.44 SPA
500SAR20,302.18 SPA
1000SAR40,604.36 SPA
Today vs. 24 hours ago
| Amount | 13:20 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SPA | $0.003283 | $0.003656 | -10.21% |
| 1 SPA | $0.006565 | $0.007311 | -10.21% |
| 5 SPA | $0.03283 | $0.03656 | -10.21% |
| 10 SPA | $0.06565 | $0.07311 | -10.21% |
| 50 SPA | $0.3283 | $0.3656 | -10.21% |
| 100 SPA | $0.6565 | $0.7311 | -10.21% |
| 500 SPA | $3.28 | $3.66 | -10.21% |
| 1000 SPA | $6.57 | $7.31 | -10.21% |
Today vs. 1 month ago
| Amount | 13:20 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SPA | $0.003283 | $0.006051 | -45.78% |
| 1 SPA | $0.006565 | $0.01210 | -45.78% |
| 5 SPA | $0.03283 | $0.06051 | -45.78% |
| 10 SPA | $0.06565 | $0.1210 | -45.78% |
| 50 SPA | $0.3283 | $0.6051 | -45.78% |
| 100 SPA | $0.6565 | $1.21 | -45.78% |
| 500 SPA | $3.28 | $6.05 | -45.78% |
| 1000 SPA | $6.57 | $12.1 | -45.78% |
Today vs. 1 year ago
| Amount | 13:20 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SPA | $0.003283 | $0.002806 | +17.00% |
| 1 SPA | $0.006565 | $0.005612 | +17.00% |
| 5 SPA | $0.03283 | $0.02806 | +17.00% |
| 10 SPA | $0.06565 | $0.05612 | +17.00% |
| 50 SPA | $0.3283 | $0.2806 | +17.00% |
| 100 SPA | $0.6565 | $0.5612 | +17.00% |
| 500 SPA | $3.28 | $2.81 | +17.00% |
| 1000 SPA | $6.57 | $5.61 | +17.00% |
Sperax price prediction
What will the price of SPA be in 2025?
Based on SPA's historical price performance prediction model, the price of SPA is projected to reach $0.01130 in 2025.
What will the price of SPA be in 2030?
In 2030, the SPA price is expected to change by +1.00%. By the end of 2030, the SPA price is projected to reach $0.01839, with a cumulative ROI of +180.16%.
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Popular Sperax conversions
Check out these popular currency conversions of Sperax to several fiat currencies.
Sperax to USD
1 SPA to $ 0.006565 USD
Sperax to GBP
1 SPA to £ 0.005134 GBP
Sperax to EUR
1 SPA to € 0.006064 EUR
Sperax to KRW
1 SPA to ₩ 9.06 KRW
Sperax to CAD
1 SPA to $ 0.008935 CAD
Sperax to AUD
1 SPA to $ 0.009748 AUD
Sperax to JPY
1 SPA to ¥ 1.06 JPY
Sperax to BRL
1 SPA to R$ 0.03604 BRL
Sperax to CNY
1 SPA to ¥ 0.04778 CNY
Sperax to TWD
1 SPA to NT$ 0.2129 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Sperax.
Bitcoin to SAR
1 BTC to ر.س 207,444.84 SAR
Meme Ai to SAR
1 MEMEAI to ر.س -- SAR
Solana to SAR
1 SOL to ر.س 489.27 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}3130 SAR
Ethereum to SAR
1 ETH to ر.س 11,089.71 SAR
Notcoin to SAR
1 NOT to ر.س 0.03854 SAR
Toncoin to SAR
1 TON to ر.س 26.24 SAR
Daddy Tate to SAR
1 DADDY to ر.س 0.7546 SAR
Unizen to SAR
1 ZCX to ر.س 0.3377 SAR
LayerZero to SAR
1 ZRO to ر.س 12.42 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 Sperax 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 Sperax 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 Sperax 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.
