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DREP to SAR Converter and calculator

DREP/SAR: 1 DREP = 0.008574 SAR. The price of converting 1 Drep [new] (DREP) to Saudi Riyal (SAR) is 0.008574 SAR today.
DREP
DREP
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DREP to SAR real-time exchange rates, making it easy to convert Drep [new] (DREP) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 DREP is currently valued at 0.01 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DREP is currently valued at 0.01 SAR, which means buying 5 DREP would cost 0.04 SAR. Similarly, ر.س1 SAR can be converted to 116.64 DREP, and ر.س50 SAR can be converted to 583.18 DREP, excluding any platform or gas fees.

Convert DREP to SAR

Convert SAR to DREP

Drep [new]
Saudi Riyal
10000 DREP
85.74  SAR
In the table above, you'll find a comprehensive DREP to SAR converter that shows the value of Drep [new] in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 DREP to SAR, all the way up to 10000 DREP, providing a clear view of their respective values.
Saudi Riyal
Drep [new]
1000 SAR
116,635.12 DREP
2000 SAR
233,270.23 DREP
5000 SAR
583,175.58 DREP
10000 SAR
1,166,351.16 DREP
50000 SAR
5,831,755.8 DREP
100000 SAR
11,663,511.6 DREP
In the table above, you'll find a comprehensive SAR to DREP converter that shows the value of Saudi Riyal in Drep [new] across commonly used conversion amounts. The list covers conversions from 1 SAR to DREP, all the way up to 100000 SAR, providing a clear view of their respective values.

DREP to SAR chart

DREP/SAR: 1 DREP = 0.008574 SAR; 2025/04/30 00:20:20
In the past 1D, Drep [new] has changed -4.67% to SAR. Based on the trend and price charts, Drep [new](DREP) has changed -4.67% to SAR while Saudi Riyal(SAR) has changed % to DREP in the last 24 hours.
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DREP to SAR conversion data: Volatility and price changes of Drep [new] in SAR

The highest Drep [new] price in SAR over the past 7 days was 0.01295 SAR while the lowest Drep [new] price in SAR over the past 7 days was 0.007635 SAR. The relative change between the highs and lows in Drep [new] price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and DREP 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
0.009000 SAR
0.01295 SAR
0.01295 SAR
0.01295 SAR
Low
0.008535 SAR
0.007635 SAR
0.007501 SAR
0.007496 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-4.67%
+7.91%
+1.91%
-28.13%

Drep [new] information

DREP to SAR market statistics

DREP/SAR:
ر.س0.008574
DREP 24h volume:
ر.س59,843.9
DREP market cap:
ر.س857,374.75
DREP circulating supply:
100.00M DREP

Current DREP to SAR exchange rate

Drep [new] to Saudi Riyal is rising this week.
Drep [new]'s current market price is ر.س0.008574 per DREP, with a total market cap of ر.س857,374.75 SAR based on a circulating supply of 100,000,000 DREP. The trading volume of Drep [new] has changed by -0.52% (ر.س-311.85 SAR) in the last 24 hours. Last trading day, DREP's trading volume was ر.س60,155.75.

More info about Drep [new] 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 Drep [new] currency pair is the DREP to SAR, with for Drep [new]'s currency code being DREP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert DREP to SAR

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DREP to SAR Conversion tables

The exchange rate of Drep [new] is increasing.
The exchange rate of 1 DREP to Saudi Riyal has changed by +7.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.67%, reaching a high of 0.009000 SAR and a low of 0.008535 SAR . One month ago, the value of 1 DREP was ر.س0.008413 SAR , which represents a +1.91% change from its current value. Over the last year, Drep [new] has changed by
-ر.س
0.05408SAR
, resulting in a change of -86.32% in its value.
24 hours ago1 month ago1 year ago
Amount00:20 am today24 hours ago24h change
0.5 DREPر.س0.004287ر.س0.004497
-4.67%
1 DREPر.س0.008574ر.س0.008993
-4.67%
5 DREPر.س0.04287ر.س0.04497
-4.67%
10 DREPر.س0.08574ر.س0.08993
-4.67%
50 DREPر.س0.4287ر.س0.4497
-4.67%
100 DREPر.س0.8574ر.س0.8993
-4.67%
500 DREPر.س4.29ر.س4.5
-4.67%
1000 DREPر.س8.57ر.س8.99
-4.67%

DREP to SAR FAQ

How much is 1 Drep [new] in SAR?
Right now, the price of 1 Drep [new] (DREP) in Saudi Riyal (SAR) is ر.س0.008574.
How much DREP can I buy for 1 SAR?
Based on the current exchange rate, you can get 116.64 DREP for 1 SAR.
How do I calculate or convert DREP to SAR?
You can use our DREP to SAR calculator at the top of this page to convert any amount of DREP to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 583.18 DREP, while 5 DREP will cost around 0.04287SAR.
What is the highest price of DREP/SAR in history?
The all-time high price of 1 DREP in SAR is ر.س12.69. It remains to be seen if the value of 1 DREP/SAR will exceed the current all-time high.
What is the price trend of Drep [new] in SAR?
Over the past 7 days, the exchange rate of Drep [new] (DREP) has gone up by 7.91%.   Over the last month, the exchange rate of Drep [new] (DREP) has gone up by 1.91% against Saudi Riyal (SAR).

What factors influence the conversion rate of DREP to SAR?

There are many factors that affect the relationship between Drep [new] 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 DREP/SAR. When there is positive news in the market about the widespread adoption of DREP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DREP/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DREP/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 DREP/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 Drep [new] and adjust their investment strategies accordingly in the evolving market.

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