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base info Vara Network

Vara Network to Saudi Riyal Converter and calculator

Convert 1Vara Network (VARA) to Saudi Riyal (SAR) equals ر.س 0.1364 | 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 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 0.14 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 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 -6.79% to SAR. Based on the trend and price charts, Vara Network(VARA) has changed -6.79% to SAR while Saudi Riyal(SAR) has changed % to VARA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.1364
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
ر.س0.1337
0.1000% / 0.1000%
Yes
Last updated 2024/07/03 17:00:15(UTC+0)

How to buy Vara Network

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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)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
B
BGUSER-4HBCA39LVerified Merchant
85 tradesCompletion rate 88.00%
3.79 SAR
Amount121.96 USDT
Limit39 - 75.8 SAR
STC PAY
Buy
s
saaad01Verified Merchant
142 tradesCompletion rate 97.00%
3.9 SAR
Amount50 USDT
Limit97.5 - 97.5 SAR
STC PAY
Buy
J
JpaulVerified Merchant
10 tradesCompletion rate 100.00%
4.1 SAR
Amount485.47 USDT
Limit1000 - 3490 SAR
Urpay
Buy
B
BGUSER-8R3KS4CFVerified Merchant
60 tradesCompletion rate 98.00%
4.11 SAR
Amount32.1 USDT
Limit39 - 411 SAR
STC PAY
Buy
R
ROYAL-TRAD Verified Merchant
36 tradesCompletion rate 90.00%
4.14 SAR
Amount35.11 USDT
Limit39 - 760 SAR
STC PAYSaudi National Bank (AlAhli Bank)Urpay
Buy

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 SAR in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
S
Sojib uddin 74Verified Merchant
228 tradesCompletion rate 93.00%
3.95 SAR
Amount165 USDT
Limit50 - 700 SAR
STC PAYAl Rajhi BankUrpay
Sell
S
Stc24Verified Merchant
68 tradesCompletion rate 93.00%
3.95 SAR
Amount240 USDT
Limit200 - 499 SAR
STC PAY
Sell
H
Hidayat ullah traderVerified Merchant
148 tradesCompletion rate 89.00%
3.92 SAR
Amount458.45 USDT
Limit39 - 1000 SAR
STC PAY
Sell
C
CryptoTrader50Verified Merchant
9 tradesCompletion rate 90.00%
3.92 SAR
Amount933.67 USDT
Limit100 - 3920 SAR
STC PAY
Sell
M
M.M Crew Verified Merchant
8 tradesCompletion rate 80.00%
3.9 SAR
Amount959.92 USDT
Limit39 - 500 SAR
Saudi National Bank (AlAhli Bank)Al Rajhi BankUrpay
Sell

What factors influence the conversion rate of Vara Network to Saudi Riyal?

Vara Network to Saudi Riyal is falling this week.
Vara Network's current market price is ر.س 0.1364 per VARA, with a total market cap of ر.س 73,707,153.48 SAR based on a circulating supply of 540,384,960 VARA. The trading volume of Vara Network has changed by +326.83% (ر.س 1,553,960.45 SAR) in the last 24 hours. Last trading day, VARA's trading volume was ر.س 475,461.1.
Market cap
$19.65M
24h volume
$540.98K
Circulating supply
540.38M VARA

Conversion tables

The exchange rate of Vara Network is decreasing.
1 VARA is currently valued at ر.س 0.1364 SAR , which means buying 5 VARA will cost ر.س 0.6820 SAR . Similarly, ر.س1 SAR can be traded for 7.33 VARA, and ر.س50 SAR can be converted to 366.58 VARA, excluding any platform or gas fees.
The exchange rate of 1 VARA to Saudi Riyal has changed by -12.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.79%, reaching a high of 0.1463 SAR and a low of 0.1277 SAR . One month ago, the value of 1 VARA was ر.س 0.2184 SAR , which represents a -37.66% change from its current value. Over the last year, Vara Network has changed by
+ر.س
0.1357SAR
, resulting in a change of --% in its value.

VARA to SAR

Amount
17:34 today
0.5 VARA
ر.س0.06820
1 VARA
ر.س0.1364
5 VARA
ر.س0.6820
10 VARA
ر.س1.36
50 VARA
ر.س6.82
100 VARA
ر.س13.64
500 VARA
ر.س68.2
1000 VARA
ر.س136.4

SAR to VARA

Amount17:34 today
0.5SAR3.67  VARA
1SAR7.33  VARA
5SAR36.66  VARA
10SAR73.32  VARA
50SAR366.58  VARA
100SAR733.15  VARA
500SAR3,665.76  VARA
1000SAR7,331.51  VARA
Buy Vara Network for 1 SAR
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Today vs. 24 hours ago

Amount17:34 today24 hours ago24h change
0.5 VARA$0.01818$0.01950
-6.79%
1 VARA$0.03636$0.03899
-6.79%
5 VARA$0.1818$0.1950
-6.79%
10 VARA$0.3636$0.3899
-6.79%
50 VARA$1.82$1.95
-6.79%
100 VARA$3.64$3.9
-6.79%
500 VARA$18.18$19.5
-6.79%
1000 VARA$36.36$38.99
-6.79%

Today vs. 1 month ago

Amount17:34 today1 month ago1M change
0.5 VARA$0.01818$0.02911
-37.66%
1 VARA$0.03636$0.05821
-37.66%
5 VARA$0.1818$0.2911
-37.66%
10 VARA$0.3636$0.5821
-37.66%
50 VARA$1.82$2.91
-37.66%
100 VARA$3.64$5.82
-37.66%
500 VARA$18.18$29.11
-37.66%
1000 VARA$36.36$58.21
-37.66%
Buy Vara Network for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount17:34 today1 year ago1Y change
0.5 VARA$0.01818$0.{4}9199
--
1 VARA$0.03636$0.0001840
--
5 VARA$0.1818$0.0009199
--
10 VARA$0.3636$0.001840
--
50 VARA$1.82$0.009199
--
100 VARA$3.64$0.01840
--
500 VARA$18.18$0.09199
--
1000 VARA$36.36$0.1840
--

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 $0.06120 in 2025.

What will the price of VARA be in 2030?

In 2030, the VARA price is expected to change by +10.00%. By the end of 2030, the VARA price is projected to reach $0.1541, with a cumulative ROI of +323.80%.
Buy Vara Network 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 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.

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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.