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ELK to SAR Converter and calculator

ELK/SAR: 1 ELK = 0.1458 SAR. The price of converting 1 Elk Finance (ELK) to Saudi Riyal (SAR) is 0.1458 SAR today.
ELK
ELK
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELK to SAR real-time exchange rates, making it easy to convert Elk Finance (ELK) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 ELK is currently valued at 0.15 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELK is currently valued at 0.15 SAR, which means buying 5 ELK would cost 0.73 SAR. Similarly, ر.س1 SAR can be converted to 6.86 ELK, and ر.س50 SAR can be converted to 34.29 ELK, excluding any platform or gas fees.

Convert ELK to SAR

Convert SAR to ELK

Elk Finance
Saudi Riyal
10000 ELK
1,458.01  SAR
In the table above, you'll find a comprehensive ELK to SAR converter that shows the value of Elk Finance in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 ELK to SAR, all the way up to 10000 ELK, providing a clear view of their respective values.
Saudi Riyal
Elk Finance
10000 SAR
68,586.53 ELK
50000 SAR
342,932.64 ELK
100000 SAR
685,865.29 ELK
In the table above, you'll find a comprehensive SAR to ELK converter that shows the value of Saudi Riyal in Elk Finance across commonly used conversion amounts. The list covers conversions from 1 SAR to ELK, all the way up to 100000 SAR, providing a clear view of their respective values.

ELK to SAR chart

ELK/SAR: 1 ELK = 0.1458 SAR; 2025/04/26 14:51:32
In the past 1D, Elk Finance has changed -0.49% to SAR. Based on the trend and price charts, Elk Finance(ELK) has changed -0.49% to SAR while Saudi Riyal(SAR) has changed % to ELK in the last 24 hours.
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ELK to SAR conversion data: Volatility and price changes of Elk Finance in SAR

The highest Elk Finance price in SAR over the past 7 days was 0.1525 SAR while the lowest Elk Finance price in SAR over the past 7 days was 0.1362 SAR. The relative change between the highs and lows in Elk Finance price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and ELK 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
0.1485 SAR
0.1525 SAR
0.1698 SAR
0.2587 SAR
Low
0.1447 SAR
0.1362 SAR
0.1268 SAR
0.1268 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-0.49%
+5.52%
-13.74%
-43.17%

Elk Finance information

ELK to SAR market statistics

ELK/SAR:
ر.س0.1458
ELK 24h volume:
ر.س5,407.42
ELK market cap:
--
ELK circulating supply:
0 ELK

Current ELK to SAR exchange rate

Elk Finance to Saudi Riyal is rising this week.
Elk Finance's current market price is ر.س0.1458 per ELK, with a total market cap of ر.س0 SAR based on a circulating supply of -- ELK. The trading volume of Elk Finance has changed by -52.71% (ر.س-6,026.42 SAR) in the last 24 hours. Last trading day, ELK's trading volume was ر.س11,433.84.

More info about Elk Finance 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 Elk Finance currency pair is the ELK to SAR, with for Elk Finance's currency code being ELK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert ELK to SAR

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Convert ELK to SAR
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Bitget P2P trading does not currently support direct buying of ELK with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy ELK with USDT via Bitget spot market.
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ELK to SAR Conversion tables

The exchange rate of Elk Finance is decreasing.
The exchange rate of 1 ELK to Saudi Riyal has changed by +5.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.49%, reaching a high of 0.1485 SAR and a low of 0.1447 SAR . One month ago, the value of 1 ELK was ر.س0.1690 SAR , which represents a -13.74% change from its current value. Over the last year, Elk Finance has changed by
-ر.س
0.3616SAR
, resulting in a change of -71.27% in its value.
24 hours ago1 month ago1 year ago
Amount14:51 today24 hours ago24h change
0.5 ELKر.س0.07290ر.س0.07326
-0.49%
1 ELKر.س0.1458ر.س0.1465
-0.49%
5 ELKر.س0.7290ر.س0.7326
-0.49%
10 ELKر.س1.46ر.س1.47
-0.49%
50 ELKر.س7.29ر.س7.33
-0.49%
100 ELKر.س14.58ر.س14.65
-0.49%
500 ELKر.س72.9ر.س73.26
-0.49%
1000 ELKر.س145.8ر.س146.52
-0.49%

ELK to SAR FAQ

How much is 1 Elk Finance in SAR?
Right now, the price of 1 Elk Finance (ELK) in Saudi Riyal (SAR) is ر.س0.1458.
How much ELK can I buy for 1 SAR?
Based on the current exchange rate, you can get 6.86 ELK for 1 SAR.
How do I calculate or convert ELK to SAR?
You can use our ELK to SAR calculator at the top of this page to convert any amount of ELK to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 34.29 ELK, while 5 ELK will cost around 0.7290SAR.
What is the highest price of ELK/SAR in history?
The all-time high price of 1 ELK in SAR is ر.س21.06. It remains to be seen if the value of 1 ELK/SAR will exceed the current all-time high.
What is the price trend of Elk Finance in SAR?
Over the past 7 days, the exchange rate of Elk Finance (ELK) has gone up by 5.52%.   Over the last month, the exchange rate of Elk Finance (ELK) has gone down by 13.74% against Saudi Riyal (SAR).

What factors influence the conversion rate of ELK to SAR?

There are many factors that affect the relationship between Elk Finance 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 ELK/SAR. When there is positive news in the market about the widespread adoption of ELK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ELK/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ELK/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 ELK/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 Elk Finance 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.