VARA
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 Vara Network(VARA) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 VARA at a value of 1 VARA for 0.06 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 Vara Network currency pair is the VARA to SAR, with for Vara Network's currency code being VARA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
VARA to SAR conversion rate trend
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In the past 1D, Vara Network has changed -0.21% to SAR. Based on the trend and price charts, Vara Network(VARA) has changed -0.21% to SAR while Saudi Riyal(SAR) has changed % to VARA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.06423 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.س0.06461 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/09 00:00:17(UTC+0)
How to buy Vara Network
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 Vara Network (VARA)
Use a variety of payment options to buy Vara Network on Bitget. We'll show you how.
Buy VARA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of VARA with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy VARA with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell VARA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of VARA to SAR. However, you can first exchange VARA for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Vara Network to Saudi Riyal?
Vara Network to Saudi Riyal is rising this week.Vara Network's current market price is ر.س 0.06433 per VARA, with a total market cap of ر.س 40,787,631.04 SAR based on a circulating supply of 634,006,200 VARA. The trading volume of Vara Network has changed by -20.48% (ر.س -352,418.15 SAR) in the last 24 hours. Last trading day, VARA's trading volume was ر.س 1,720,783.35.
Market cap
$10.87M
24h volume
$364.51K
Circulating supply
634.01M VARA
Conversion tables
The exchange rate of Vara Network is decreasing.1 VARA is currently valued at ر.س 0.06433 SAR , which means buying 5 VARA will cost ر.س 0.3217 SAR . Similarly, ر.س1 SAR can be traded for 15.54 VARA, and ر.س50 SAR can be converted to 777.2 VARA, excluding any platform or gas fees.
The exchange rate of 1 VARA to Saudi Riyal has changed by +3.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.21%, reaching a high of 0.06620 SAR and a low of 0.06204 SAR . One month ago, the value of 1 VARA was ر.س 0.08541 SAR , which represents a -24.71% change from its current value. Over the last year, Vara Network has changed by , resulting in a change of -68.18% in its value.
-ر.س
0.1376SARVARA to SAR
Amount
02:13 am today
0.5 VARA
ر.س0.03217
1 VARA
ر.س0.06433
5 VARA
ر.س0.3217
10 VARA
ر.س0.6433
50 VARA
ر.س3.22
100 VARA
ر.س6.43
500 VARA
ر.س32.17
1000 VARA
ر.س64.33
SAR to VARA
Amount02:13 am today
0.5SAR7.77 VARA
1SAR15.54 VARA
5SAR77.72 VARA
10SAR155.44 VARA
50SAR777.2 VARA
100SAR1,554.41 VARA
500SAR7,772.04 VARA
1000SAR15,544.08 VARA
Today vs. 24 hours ago
| Amount | 02:13 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VARA | $0.008569 | $0.008586 | -0.21% |
| 1 VARA | $0.01714 | $0.01717 | -0.21% |
| 5 VARA | $0.08569 | $0.08586 | -0.21% |
| 10 VARA | $0.1714 | $0.1717 | -0.21% |
| 50 VARA | $0.8569 | $0.8586 | -0.21% |
| 100 VARA | $1.71 | $1.72 | -0.21% |
| 500 VARA | $8.57 | $8.59 | -0.21% |
| 1000 VARA | $17.14 | $17.17 | -0.21% |
Today vs. 1 month ago
| Amount | 02:13 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VARA | $0.008569 | $0.01138 | -24.71% |
| 1 VARA | $0.01714 | $0.02275 | -24.71% |
| 5 VARA | $0.08569 | $0.1138 | -24.71% |
| 10 VARA | $0.1714 | $0.2275 | -24.71% |
| 50 VARA | $0.8569 | $1.14 | -24.71% |
| 100 VARA | $1.71 | $2.28 | -24.71% |
| 500 VARA | $8.57 | $11.38 | -24.71% |
| 1000 VARA | $17.14 | $22.75 | -24.71% |
Today vs. 1 year ago
| Amount | 02:13 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VARA | $0.008569 | $0.02690 | -68.18% |
| 1 VARA | $0.01714 | $0.05380 | -68.18% |
| 5 VARA | $0.08569 | $0.2690 | -68.18% |
| 10 VARA | $0.1714 | $0.5380 | -68.18% |
| 50 VARA | $0.8569 | $2.69 | -68.18% |
| 100 VARA | $1.71 | $5.38 | -68.18% |
| 500 VARA | $8.57 | $26.9 | -68.18% |
| 1000 VARA | $17.14 | $53.8 | -68.18% |
Vara Network price prediction
What will the price of VARA be in 2025?
Based on VARA's historical price performance prediction model, the price of VARA is projected to reach $0.03018 in 2025.
What will the price of VARA be in 2030?
In 2030, the VARA price is expected to change by +2.00%. By the end of 2030, the VARA price is projected to reach $0.05848, with a cumulative ROI of +228.93%.
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Popular Vara Network conversions
Check out these popular currency conversions of Vara Network to several fiat currencies.
Vara Network to USD
1 VARA to $ 0.01714 USD
Vara Network to GBP
1 VARA to £ 0.01326 GBP
Vara Network to EUR
1 VARA to € 0.01598 EUR
Vara Network to KRW
1 VARA to ₩ 23.96 KRW
Vara Network to CAD
1 VARA to $ 0.02384 CAD
Vara Network to AUD
1 VARA to $ 0.02604 AUD
Vara Network to JPY
1 VARA to ¥ 2.62 JPY
Vara Network to BRL
1 VARA to R$ 0.09833 BRL
Vara Network to CNY
1 VARA to ¥ 0.1231 CNY
Vara Network to TWD
1 VARA to NT$ 0.5527 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Vara Network.
Bitcoin to SAR
1 BTC to ر.س 286,536.59 SAR
The dev is an Ape to SAR
1 APEDEV to ر.س -- SAR
PepeCoin to SAR
1 PEPECOIN to ر.س 19.42 SAR
SUNDOG to SAR
1 SUNDOG to ر.س 0.4944 SAR
Solana to SAR
1 SOL to ر.س 747.92 SAR
Ethereum to SAR
1 ETH to ر.س 11,198.52 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}4028 SAR
Swell Network to SAR
1 SWELL to ر.س 0.2088 SAR
Sui to SAR
1 SUI to ر.س 8.48 SAR
Meson Network to SAR
1 MSN to ر.س -- 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 Vara Network 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 Vara Network 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 Vara Network 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.
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.
