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BGL to SAR Converter and calculator

BGL/SAR: 1 BGL = 0.2173 SAR. The price of converting 1 Bitgesell (BGL) to Saudi Riyal (SAR) is 0.2173 SAR today.
BGL
BGL
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BGL to SAR real-time exchange rates, making it easy to convert Bitgesell (BGL) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 BGL is currently valued at 0.22 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BGL is currently valued at 0.22 SAR, which means buying 5 BGL would cost 1.09 SAR. Similarly, ر.س1 SAR can be converted to 4.6 BGL, and ر.س50 SAR can be converted to 23.01 BGL, excluding any platform or gas fees.

Convert BGL to SAR

Convert SAR to BGL

Bitgesell
Saudi Riyal
5000 BGL
1,086.37  SAR
10000 BGL
2,172.73  SAR
In the table above, you'll find a comprehensive BGL to SAR converter that shows the value of Bitgesell in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 BGL to SAR, all the way up to 10000 BGL, providing a clear view of their respective values.
Saudi Riyal
Bitgesell
10000 SAR
46,024.99 BGL
50000 SAR
230,124.94 BGL
100000 SAR
460,249.88 BGL
In the table above, you'll find a comprehensive SAR to BGL converter that shows the value of Saudi Riyal in Bitgesell across commonly used conversion amounts. The list covers conversions from 1 SAR to BGL, all the way up to 100000 SAR, providing a clear view of their respective values.

BGL to SAR chart

BGL/SAR: 1 BGL = 0.2173 SAR; 2025/04/27 07:51:42
In the past 1D, Bitgesell has changed -4.63% to SAR. Based on the trend and price charts, Bitgesell(BGL) has changed -4.63% to SAR while Saudi Riyal(SAR) has changed % to BGL in the last 24 hours.
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BGL to SAR conversion data: Volatility and price changes of Bitgesell in SAR

The highest Bitgesell price in SAR over the past 7 days was 0.2291 SAR while the lowest Bitgesell price in SAR over the past 7 days was 0.1989 SAR. The relative change between the highs and lows in Bitgesell price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and BGL to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.2279 SAR
0.2291 SAR
0.2300 SAR
0.2683 SAR
Low
0.2167 SAR
0.1989 SAR
0.1572 SAR
0.1194 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-4.63%
+8.03%
+13.63%
+46.28%

Bitgesell information

BGL to SAR market statistics

BGL/SAR:
ر.س0.2173
BGL 24h volume:
ر.س16,870.81
BGL market cap:
ر.س3,510,686.38
BGL circulating supply:
16.16M BGL

Current BGL to SAR exchange rate

Bitgesell to Saudi Riyal is rising this week.
Bitgesell's current market price is ر.س0.2173 per BGL, with a total market cap of ر.س3,510,686.38 SAR based on a circulating supply of 16,157,930 BGL. The trading volume of Bitgesell has changed by +107.53% (ر.س8,741.56 SAR) in the last 24 hours. Last trading day, BGL's trading volume was ر.س8,129.25.

More info about Bitgesell on Bitget

Saudi Riyal 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 Bitgesell currency pair is the BGL to SAR, with for Bitgesell's currency code being BGL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert BGL to SAR

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BGL to SAR Conversion tables

The exchange rate of Bitgesell is increasing.
The exchange rate of 1 BGL to Saudi Riyal has changed by +8.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.63%, reaching a high of 0.2279 SAR and a low of 0.2167 SAR . One month ago, the value of 1 BGL was ر.س0.1912 SAR , which represents a +13.63% change from its current value. Over the last year, Bitgesell has changed by
-ر.س
0.5071SAR
, resulting in a change of -70.01% in its value.
24 hours ago1 month ago1 year ago
Amount07:51 am today24 hours ago24h change
0.5 BGLر.س0.1086ر.س0.1139
-4.63%
1 BGLر.س0.2173ر.س0.2278
-4.63%
5 BGLر.س1.09ر.س1.14
-4.63%
10 BGLر.س2.17ر.س2.28
-4.63%
50 BGLر.س10.86ر.س11.39
-4.63%
100 BGLر.س21.73ر.س22.78
-4.63%
500 BGLر.س108.64ر.س113.91
-4.63%
1000 BGLر.س217.27ر.س227.81
-4.63%

BGL to SAR FAQ

How much is 1 Bitgesell in SAR?
Right now, the price of 1 Bitgesell (BGL) in Saudi Riyal (SAR) is ر.س0.2173.
How much BGL can I buy for 1 SAR?
Based on the current exchange rate, you can get 4.6 BGL for 1 SAR.
How do I calculate or convert BGL to SAR?
You can use our BGL to SAR calculator at the top of this page to convert any amount of BGL to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 23.01 BGL, while 5 BGL will cost around 1.09SAR.
What is the highest price of BGL/SAR in history?
The all-time high price of 1 BGL in SAR is ر.س23.64. It remains to be seen if the value of 1 BGL/SAR will exceed the current all-time high.
What is the price trend of Bitgesell in SAR?
Over the past 7 days, the exchange rate of Bitgesell (BGL) has gone up by 8.03%.   Over the last month, the exchange rate of Bitgesell (BGL) has gone up by 13.63% against Saudi Riyal (SAR).

What factors influence the conversion rate of BGL to SAR?

There are many factors that affect the relationship between Bitgesell and Saudi Riyal, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of BGL/SAR. When there is positive news in the market about the widespread adoption of BGL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BGL/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BGL/SAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of BGL/SAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Bitgesell and adjust their investment strategies accordingly in the evolving market.

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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.