AREA
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 Areon Network(AREA) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 AREA at a value of 1 AREA for 0.20 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 Areon Network currency pair is the AREA to SAR, with for Areon Network's currency code being AREA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
AREA to SAR conversion rate trend
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In the past 1D, Areon Network has changed -0.31% to SAR. Based on the trend and price charts, Areon Network(AREA) has changed -0.31% to SAR while Saudi Riyal(SAR) has changed % to AREA in the last 24 hours.
Conversion rate comparison of various exchanges
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Last updated 2024/12/18 08:00:07(UTC+0)
How to buy Areon Network
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Buy Areon Network (AREA)
Use a variety of payment options to buy Areon Network on Bitget. We'll show you how.
Buy AREA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of AREA with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy AREA with USDT via Bitget spot market.
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Sell AREA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of AREA to SAR. However, you can first exchange AREA 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 Areon Network to Saudi Riyal?
Areon Network to Saudi Riyal is falling this week.Areon Network's current market price is ر.س 0.2013 per AREA, with a total market cap of ر.س 24,043,863.92 SAR based on a circulating supply of 119,461,460 AREA. The trading volume of Areon Network has changed by -39.55% (ر.س -1,844,721.82 SAR) in the last 24 hours. Last trading day, AREA's trading volume was ر.س 4,664,489.98.
Market cap
$6.40M
24h volume
$750.54K
Circulating supply
119.46M AREA
Conversion tables
The exchange rate of Areon Network is increasing.1 AREA is currently valued at ر.س 0.2013 SAR , which means buying 5 AREA will cost ر.س 1.01 SAR . Similarly, ر.س1 SAR can be traded for 4.97 AREA, and ر.س50 SAR can be converted to 248.42 AREA, excluding any platform or gas fees.
The exchange rate of 1 AREA to Saudi Riyal has changed by -10.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.31%, reaching a high of 0.2046 SAR and a low of 0.1975 SAR . One month ago, the value of 1 AREA was ر.س 0.1716 SAR , which represents a +17.31% change from its current value. Over the last year, Areon Network has changed by , resulting in a change of -60.92% in its value.
-ر.س
0.3139SARAREA to SAR
Amount
15:51 today
0.5 AREA
ر.س0.1006
1 AREA
ر.س0.2013
5 AREA
ر.س1.01
10 AREA
ر.س2.01
50 AREA
ر.س10.06
100 AREA
ر.س20.13
500 AREA
ر.س100.63
1000 AREA
ر.س201.27
SAR to AREA
Amount15:51 today
0.5SAR2.48 AREA
1SAR4.97 AREA
5SAR24.84 AREA
10SAR49.68 AREA
50SAR248.42 AREA
100SAR496.85 AREA
500SAR2,484.24 AREA
1000SAR4,968.48 AREA
Today vs. 24 hours ago
| Amount | 15:51 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 AREA | $0.02679 | $0.02687 | -0.31% |
| 1 AREA | $0.05357 | $0.05374 | -0.31% |
| 5 AREA | $0.2679 | $0.2687 | -0.31% |
| 10 AREA | $0.5357 | $0.5374 | -0.31% |
| 50 AREA | $2.68 | $2.69 | -0.31% |
| 100 AREA | $5.36 | $5.37 | -0.31% |
| 500 AREA | $26.79 | $26.87 | -0.31% |
| 1000 AREA | $53.57 | $53.74 | -0.31% |
Today vs. 1 month ago
| Amount | 15:51 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 AREA | $0.02679 | $0.02283 | +17.31% |
| 1 AREA | $0.05357 | $0.04566 | +17.31% |
| 5 AREA | $0.2679 | $0.2283 | +17.31% |
| 10 AREA | $0.5357 | $0.4566 | +17.31% |
| 50 AREA | $2.68 | $2.28 | +17.31% |
| 100 AREA | $5.36 | $4.57 | +17.31% |
| 500 AREA | $26.79 | $22.83 | +17.31% |
| 1000 AREA | $53.57 | $45.66 | +17.31% |
Today vs. 1 year ago
| Amount | 15:51 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 AREA | $0.02679 | $0.06856 | -60.92% |
| 1 AREA | $0.05357 | $0.1371 | -60.92% |
| 5 AREA | $0.2679 | $0.6856 | -60.92% |
| 10 AREA | $0.5357 | $1.37 | -60.92% |
| 50 AREA | $2.68 | $6.86 | -60.92% |
| 100 AREA | $5.36 | $13.71 | -60.92% |
| 500 AREA | $26.79 | $68.56 | -60.92% |
| 1000 AREA | $53.57 | $137.12 | -60.92% |
Areon Network price prediction
What will the price of AREA be in 2025?
Based on AREA's historical price performance prediction model, the price of AREA is projected to reach $0.08591 in 2025.
What will the price of AREA be in 2030?
In 2030, the AREA price is expected to change by +6.00%. By the end of 2030, the AREA price is projected to reach $0.1031, with a cumulative ROI of +87.91%.
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Popular Areon Network conversions
Check out these popular currency conversions of Areon Network to several fiat currencies.
Areon Network to USD
1 AREA to $ 0.05357 USD
Areon Network to GBP
1 AREA to £ 0.04212 GBP
Areon Network to EUR
1 AREA to € 0.05104 EUR
Areon Network to KRW
1 AREA to ₩ 77.04 KRW
Areon Network to CAD
1 AREA to $ 0.07667 CAD
Areon Network to AUD
1 AREA to $ 0.08473 AUD
Areon Network to JPY
1 AREA to ¥ 8.25 JPY
Areon Network to BRL
1 AREA to R$ 0.3293 BRL
Areon Network to CNY
1 AREA to ¥ 0.3905 CNY
Areon Network to TWD
1 AREA to NT$ 1.74 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Areon Network.
Bitcoin to SAR
1 BTC to ر.س 391,732.28 SAR
Solana to SAR
1 SOL to ر.س 816.31 SAR
Litecoin to SAR
1 LTC to ر.س 440.01 SAR
Hedera to SAR
1 HBAR to ر.س 1.11 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.44 SAR
BNB to SAR
1 BNB to ر.س 2,678.42 SAR
Bitget Token to SAR
1 BGB to ر.س 15.88 SAR
Movement to SAR
1 MOVE to ر.س 2.4 SAR
NEAR Protocol to SAR
1 NEAR to ر.س 23.09 SAR
Uniswap to SAR
1 UNI to ر.س 58.95 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 Areon 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 Areon 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 Areon 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.
